State health and supplemental major medical insurance premiums are automatically taken pre-tax unless this option is waived. Expenses that can be paid by ERAs include qualified dependent care expenses as defined by IRS and allowable medical and dental expenses, not covered by insurance. Insurance premiums may not be included as an expense. You save federal, Wisconsin and socia l security taxes on these expenses. Pre-tax salary reductions that save income and social security taxes.
All employees are eligible and can enroll at any time.
If salary is contributed to the Deferred Compensation plan, its maximum applies to the total of TSA and Deferred Compensation. This program allows employees to set aside a portion of their salary for retirement and defer income taxes on savings. Pre-tax salary reductions that defer income taxes. All employees are eligible and can enroll at any time. If salary is contributed to the Deferred Compensation plan, its maximum applies to the total of TSA and Deferred Compensation.