social security fringe benefits
Most fringe benefits that are income tax-exempt are also exempt from Social Security, Medicare and Federal Unemployment taxes, but not all: adoption assistance is exempt from income tax only, for example. Any fringe benefit not named above, or any of the benefits named above which does not conform to the IRS's rules for
Fringe benefits are additional compensation provided to employees above and beyond an agreed-upon wage or salary. Besides helping employees, offering fringe benefits helps employers tremendously from a recruiting perspective.