US PAYROLL: Expanding Health and Finance Benefit Types

The Benefits module now supports additional Health and Finance benefit types, enabling organizations to configure a wider range of US benefit programs directly within the platform.

What’s New

Added 7 new benefit types across Health and Finance categories:

Health (Section 125 Supplemental Plans):

• Cancer Insurance
• Accident Insurance
• Critical Illness Insurance
• Hospital Indemnity Insurance

Finance (Retirement Plans):

• 457(b)
• Roth 457(b)
• Roth IRA (SIMPLE)

How It Works

• Navigate to Create Benefit
• Select from the expanded list of benefit types under:
  • Health (insurance plans)
  • Finance (retirement plans)
• Configure contributions based on supported options:
  • Amount-only for insurance benefits
  • Amount or Percentage for retirement plans

Key Highlights

• Supports pre-tax and post-tax benefit configurations as per compliance requirements
• Aligns with US payroll standards and Check HQ-supported benefit types
• Eliminates the need for workarounds or external configurations
• No impact on existing benefits or configurations

Why This Matters

Enables organizations—especially government, non-profits, and SMBs—to:

• Offer comprehensive and compliant benefit programs
• Configure benefits seamlessly without dependency on support teams
• Improve employee coverage with commonly used supplemental insurance and retirement options

This update closes key gaps in benefit configuration and enhances overall payroll compliance and flexibility.
 

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