Benefits Advocacy – Here To Help
Parker, Smith & Feek, Inc.
Taylor Metal has also partnered with Parker, Smith & Feek to provide you and your family with individualized assistance with insurance problems you are unable to resolve directly with the carriers. This includes claims issues, eligibility questions, network problems and general healthcare or insurance questions.
Your Account Manager
Phone
Megan Malvick
mamalvick@psfinc.com
503.416.4309
How Much Do I Have To Pay?
The following per pay period contributions are effective January 1, 2024.
Voluntary Dental
Voluntary Vision
Medical
Medical
Per Pay Period Deductions
Taylor Metal Products Pays
You Pay
You Pay
You Pay
$212.83
Employee
$51.28
$11.86
$2.86
$222.46
Employee and Spouse*
$409.20
$24.16
$5.72
Employee and Child*
$218.67
$224.40
$26.79
$4.85
Employee and Child(ren)*
$219.12
$288.88
$26.79
$4.85
$226.77
Employee and Family*
$583.85
$40.71
$7.99
* Includes benefits coverage for domestic partners and their children. Due to IRS regulations, contributions for domestic partners are made on a post-tax basis. In addition, any premiums paid by Taylor Metal will be considered taxable income.
Please note that when your contributions are taken out of your paycheck on a pre-tax basis, as allowed by Section 125 of the Internal Revenue Code. IRS rules state that once you make your enrollment election for the year, you will not be allowed to change that election until the next Open Enrollment period, unless you have a change in family status, such as marriage, divorce, birth of a child, or change in employment status. This means you may not drop coverage for a dependent during the year unless there is a qualified change in family status.
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TAYLOR METAL PRODUCTS // OPEN ENROLLMENT GUIDE // EFFECTIVE JANUARY 1, 2024
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