It’s a new year, and we have a new President, which means new policies are on the way. Our payroll partner GTM Payroll Services takes a look at how legislation from the Biden administration could affect families and nannies. With President Biden now in the White House, what does this mean for families and the […]
READ MOREBenefits for Nannies, Tax Savings for Families
By A New England Nanny 40 0Offering employee benefits is an important consideration for all household employers. Families can get tax savings while providing more than a paycheck – they can attract and retain the best nannies by offering them tangible benefits such as health insurance, savings accounts, and retirement plans. Health Benefit Options • Flexible Spending Accounts (FSAs)• Health Savings […]
READ MOREHealth Benefit Options for Your Nanny
By A New England Nanny 62 0The world of health insurance is complex and often frustratingly so. When families are looking for ways to help their nanny with health insurance, there are many options available that can provide nannies with funding to cover medical expenses, whether or not the nanny has her own health insurance. If you are looking for ways to […]
READ MOREHealth Insurance for Your Nanny
By A New England Nanny 49 1Anyone can be caught off guard by an unexpected illness or injury. Offering health insurance for a household employee benefits both the employee and the employer. Not only does it help employers with recruiting and retaining top quality nannies and other employees, but it safeguards against future health problems, minimizing surprise illnesses and the resulting absenteeism. […]
READ MOREAffordable Care Act Changes May Affect Household Employers
By A New England Nanny 85 0When the Affordable Care Act (ACA) went into effect several years ago, it provided transitional relief for small employers. As of July 1, 2015, it no longer offers that relief and the following Affordable Care Act changes for household employers are now true: An employer cannot pay for an individual health insurance plan directly to […]
READ MOREThe Affordable Care Act and Household Employees
By A New England Nanny 44 0Regarding the Affordable Care Act and household employees, including nannies, household employers may be wondering what, if anything, they need to do in order to comply with changes in health care laws. Below are some of the topics most likely to be relevant to household employers. Please note that rules and regulations are subject to […]
READ MORE