Sentences with phrase «covered by an employer»

But the problem isn't with those covered by employer - sponsored pensions as with the growing majority who are not.

Taking into account dependents, roughly half of Americans are covered by employer - based insurance.

The problem with extending CPP coverage, they say, is it will force new payroll costs on both employers and employees, even those already well covered by employer - sponsored plans and RRSPs.

More than half of the non-elderly population is covered by an employer - sponsored plan, and almost 80 % of large companies are self - insured.

I read all the related articles months ago deciding whether it was something that could work for me, and wasn't convinced — possibly because it seemed more US focused particularly on healthcare benefits (which is not covered by employers here in Oz), but also just couldn't envisage any scenario where my firm would want to let me go (perhaps I think I'm more valuable than I really am??)

In addition, full deductibility of a contribution is available for working or nonworking spouses who are not covered by an employer - sponsored plan and whose MAGI is less than $ 186,000 for 2017, with partial deductibility for MAGI up to $ 196,000.

It doesn't matter if you're covered by an employer's retirement plan, such as a 401 (k) or 403 (b).

More than 46 million workers are currently covered by employer - provided retirement plans in the United States, according to the U.S Department of Labor.1 For most of them, these plans are a significant portion of their total assets.

A SEP IRA is also good for sole proprietors, partnerships, incorporated and unincorporated small businesses including Sub S corporations, and individuals with self employment income even if they are covered by their employers retirement plan such as a 401k, 403b or 457 plan are eligible for a SEP IRA.

If you're also covered by an employer retirement plan, however, your ability to deduct your contribution begins to phase out at a certain income level.

If you (or your spouse, if applicable) are covered by an employer retirement plan, you can still make contributions to a traditional IRA, but depending on your income, they may qualify as partially tax - deductible or totally non-tax-deductible IRA contributions.

If you (and your spouse, if applicable) aren't covered by an employer retirement plan, your traditional IRA contributions are fully tax - deductible.

... by the way, if you want to test the idea that this all boils down to money, tell a Gay couple ok, you can get married, but that your spouse does not get medical benefits covered by the employer.

Be extra vigilant with policies provided by your credit card company, and if you're covered by your employer, notify them of your impending trip and ensure the pregnancy and your baby are covered

Our estimates for employer insurance costs average the expenditures across those employees who are covered by an employer's plan and those who are not.

100 % of healthcare (medical, dental and vision) premium costs covered by employer, dependents added at 50 % cost

In addition, full deductibility of a contribution is available for working or nonworking spouses who are not covered by an employer - sponsored plan whose MAGI is less than $ 186,000 for 2017; partial deductibility for MAGI up to $ 196,000.

Also if you are unable to deduct your contributions to your Traditional IRA due to your income being too high and being covered by an employer - sponsored plan then you may want to consider a Roth IRA (if you meet the income limits).

You are able to deduct your entire contribution if you don't have an employer - sponsored plan but if you are covered by an employer - sponsored plan then you may only be able to deduct your contributions depending on your income.

Often this is covered by your employer, but if you're self - employed you need to take out your own policy.

Since your income for 2016 is less than $ 98K, you can deduct the entire IRA contribution even if you or your wife are covered by an employer plan such as a 401 (k) plan.

If the filer is covered by an employer's plan and has a modified adjusted gross income (MAGI) of $ 61,000 or less, he can deduct the full contribution from his taxable income for the year.

If you (or your spouse, if applicable) are covered by an employer retirement plan, you can still make contributions to a traditional IRA, but depending on your income, they may qualify as partially tax - deductible or totally non-tax-deductible IRA contributions.

If you (and your spouse, if applicable) aren't covered by an employer retirement plan, your traditional IRA contributions are fully tax - deductible.

If you are retired but covered under a working spouse's medical plan or you are still working, sign up for Part A and then advise them that you do not want part B because you are covered by your employer or under a working spouse plan as the case may be.

In addition to the size of your paycheck, traditional IRA deductibility takes into account tax filing status and whether you and / or your spouse are covered by an employer's retirement plan.

Depends on your income if covered by employer - sponsored retirement plan — OR — Fully deductible if not covered by employer - sponsored retirement plan.

People think they're covered by their employers.

It appears that Roth IRAs are off the table because of our income, so I'm looking at a traditional IRA, but since we're both covered by employer 401 (k) s and our income is at a certain level it appears I can't deduct contributions to a traditional IRA.

Health insurance covered by employer apart from that i have health insurance for 25 lakhs / year.

Whether you can claim a deduction for your individual and spousal IRA contributions hinges on your income and whether you're covered by an employer's retirement plan.

This table summarizes traditional IRA contribution rules for single taxpayers the first column indicates modified AGI levels and the second indicates whether a worker is covered by an employer plan.

For those who are not covered by an employer plan, see the first row of the table.

You might have other expenses that were not covered by the employer.

Single persons who are not covered by an employer plan can make the maximum traditional IRA contribution no matter how high their income (AGI) might be.

As you will see below, whether you or even your spouse are covered by an employer plan at work could easily befuddle anyone who is trying to prepare for retirement.

(Note that you may only be able to deduct part of your traditional IRA contributions — or none at all — if you or your spouse are also covered by an employer - sponsored retirement plan such as a 401 (k).)

Since most disability insurance is covered by your employer, this is a more cost - effective means to get credit protection.

For example, if an individual is covered by an employer's retirement plan, is married filing jointly, and the combined household annual income is:

Everyone not covered by an employer retirement plan, and those covered making less than $ 73,000 ($ 121,000 for a couple)

However, if either is covered by an employer's retirement plan, they would need to factor in how much income is earned to see if a contribution to a Traditional IRA would be deductible.

Technically, any purchases intended for work use and not covered by your employer is considered «non-reimbursed employee expenses.»

Canadian household debt has reached record heights and there is a growing need to be more financially self - reliant in retirement as less than a third of workers today are covered by an employer pension plan.

Unless covered by an employer - sponsored health plan, you must also enroll in Medicare Part B to avoid future penalties.

With some plans, you will pay these premiums entirely out of pocket and for others, the majority of premiums are covered by an employer.

There are restrictions if you are covered by an employer - sponsored plan.

Think back over the past year and see if your medical expenses that weren't covered by your employer will add up.

Although the oil industry in Alberta hasn't completely gone bust, workers are noticing changes including layoffs, higher expenses that used to be covered by their employer and reduced work hours leading to less pay.

Basically, under the Patient Protection and Affordable Care Act (ACA), most individuals who are not covered by employer - sponsored health insurance, Medicare, Medicaid, or another government program are required to have «minimum essential coverage» or pay an annual penalty.

Although you may be covered by your employer's workers compensation insurance, this may not be enough to cover the costs of your medical treatment, lost wages and physical pain today and in to the future.