Nov 19, 2019
Most employers elect to provide Supplemental Unemployment Benefits plans through a trust fund rather than directly through the company. A trust fund that meets the necessary qualification requirements is tax-exempt and, therefore, the contributions made by the...
Nov 18, 2019
With some limited exceptions, all SUB plans seeking to meet the qualifications to be exempt from wages (and therefore exempt from FICA and FUTA taxes) must be substantially the same or identical to those described in Rev. Rul. 56-249, as modified by Rev. Rul. 90-72....
Nov 18, 2019
Introduction Supplemental Unemployment Benefit (SUB) plans provide compensation to employees in addition to state unemployment insurance during periods of layoff. SUB plans, when designed correctly, offer employers a way to provide employees with enhanced income...
