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Are payroll premium payments for medical, dental and life insurance automatically tax sheltered?

April 26, 2017automatically dental Life Insurance medical PAYMENTS payroll Premium sheltered tax

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Are payroll premium payments for medical, dental and life insurance automatically tax sheltered?

2 Answers

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A To achieve tax savings, Yale employees pay their premiums for medical, dental and the first $50,000 of life insurance with pre-tax dollars. Unless you instruct the University in writing not to do so, salary reductions will be automatically instituted to pay your share of these premiums.

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To achieve tax savings, Yale employees pay their premiums for medical, dental and the first $50,000 of life insurance with pre-tax dollars. Unless you instruct the University in writing not to do so, salary reductions will be automatically instituted to pay your share of these premiums.