Why doesn Assurant Employee Benefits pay the employers portion of FICA taxes on STD benefits?
Under IRC regulations, we have the right to pass the responsibility for the employer portion of FICA taxes due on disability benefits paid back to the employer. This procedure is explained in IRS Publication 15-A. If the employer wants Assurant Employee Benefits to pay its portion of FICA, the employer must, by written agreement, agree to pay a fee and to reimburse Assurant Employee Benefits for the employer portion of the FICA paid. All such requests must be sent to the Disability Claims Support Department.
Related Questions
- Even though an employer is not required to pay for leave under the Act, what about continuation of health care benefits, vacation accrual time, holiday pay, pension accrual time and other benefits?
- Why does Assurant Employee Benefits pay the employer portion of FICA during the Initial FICA period but not during the Return-to-Work FICA period?
- How do I fill out a Form 941 to send with payment of the employers portion of FICA taxes?