Page 5 - Down East Wood Ducks 2022 Benefits Guide
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PAYROLL DEDUCTIONS
Some payroll deductions for benefits are considered pre-tax. This means that you do not pay state, federal, and social
security taxes on eligible premiums paid using a payroll deduction. The following chart shows whether your payroll
deductions are pre-tax or after tax:
BENEFIT WHO PAYS TAX TREATMENT
Medical Coverage The Company & You Pretax
Dental Coverage The Company & You Pretax
Vision Coverage The Company & You Pretax
Basic Life and Accidental Death &
Dismemberment (AD&D) Insurance The Company After-tax
Voluntary Life and Accidental Death & You After-tax
Dismemberment (AD&D) Insurance
Disability Coverage The Company After-tax
Employee Assistance Plan The Company After-tax
401(k) and Roth Retirement The Company & You Pretax and After-tax
Savings Plan
Certain Voluntary Products You After-tax
2022 Down East Wood Ducks Benefit Guide Page 5