Question of the Month: How is PPACA’s “IRS Form W-2 safe harbor” regarding affordability calculated? | NY Benefits Broker

By Danielle Capilla Chief Compliance Officer at United Benefit Advisors Question: How is PPACA’s “IRS Form W-2 safe harbor” regarding affordability calculated? Answer: Under PPACA, coverage is considered affordable if it costs less than 9.5 percent of an employee’s household income. Because employers are often unaware of an employee’s household income, there are three safe […]