MONTHLY PAYCHECK EXAMPLE
PREMIUM PAYMENT
EXAMPLE OF EMPLOYEE PAY MAKING $31,200.00 WITH AND WITHOUTWELLNESS PROGRAM.
TAX SAVINGS OF $267.24 OFFSETS NET COST OF $200.00
WITHOUT HEALTHCUES
WITH HEALTHCUES
DIFFERENCE
• TELEMEDICINE • PREVENTATIVE HEALTH CARE PROGRAMS • LIMITED BENEFIT HEALTH
$2,600.00
$2,600.00 $1,200.00
$0.00
GROSS INCOME
HealthCues Pre-tax Premium
$0.00
$1,200.00
$67.24
$806.88
Taxable Income Tax Withholding
$2,600.00
$1,400.00
$1,200.00
$443.91
$176.67
$267.24
HealthCues Claim Payment
$0.00
$1,000.00
$1,000.00
PER MONTH INCREASE
PER YEAR INCREASE
$67.24
Net Take Home Pay
$2156.09
$2223.33
INCREASE IN TAKE HOME PAY USING H EALTH C UES PROGRAM
Tax Withholding Federal Tax
$189.67 $161.20 $37.70 $26.74 $28.60 $443.91
$54.17 $86.80 $20.30
$135.50 $74.40 $17.40 $26.74 $13.20 $267.24
Social Security
$2156.09
Medicare State Tax
Two Thousand One Hundred Fifty Six and Nine Cents
$0.00
SDI
$15.40 $176.67
$2223.3 3
Total Tax Withholding
Two Thousand Two Hundred Twenty Three and Thirty Three Cents
* The above is an example using sample information. HealthCues cannot guarantee the same favorable tax outcome in all situations as federal and state tax laws are continuously changing. The benefits paid under this program may be taxable income. We recommend each group seek tax advice from a professional tax advisor prior to purchasing.
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