OP here. Thanks for the input. I feel like we should give her something and will bring up a retirement account or bonus to her. Perhaps a medical savings account? And I’ll ask about dental and vision but her husband’s company probably provides both. We’ll be saving close to $800 a month.

Anonymous wrote:IDK - unpopular opinion here, but... I wouldn't do anything. I have worked jobs where I don't use the health insurance offered and they have never offered to up my salary as a result. Consider yourself lucky and move on.

Every job I’ve worked here has offered something for being on my DH’s insurance

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Start a retirement savings for her?

This could save on taxes (over salary/bonus). Bonus is the worst as it is taxed the most for the nanny.

No it isn't. Withholding might be hired, but taxes wouldn't be affected.

With a SEP IRA, employer/employee saves on taxes.

https://www.irs.gov/retirement-plans/operating-a-sep
"You (employer) can deduct your contributions and your employees can exclude these contributions from their gross income. SEP contributions are not subject to federal income tax withholding, social security, Medicare and federal unemployment (FUTA) taxes."

Bonus payments are taxed really high. And additional salary is (usually) taxed the same as salary (for both employer & employee).

Not sure what you are talking about.

Anonymous wrote:

Anonymous wrote:Start a retirement savings for her?

This could save on taxes (over salary/bonus). Bonus is the worst as it is taxed the most for the nanny.

No it isn't. Withholding might be hired, but taxes wouldn't be affected.

My previous employer gave paid me the money they had been spending on my insurance when I went off their plan and on to my husbands plan. It was like an extra $300 a month.
They said they felt obligated as it was part of my compensation package.
They were a very nice company to work for.

Spouse gets $2500 from his company for not using the health insurance (we use mine). Not the full value, but nice to have.

IDK - unpopular opinion here, but... I wouldn't do anything. I have worked jobs where I don't use the health insurance offered and they have never offered to up my salary as a result. Consider yourself lucky and move on.

How about dental and vision?

Anonymous wrote:Start a retirement savings for her?

This could save on taxes (over salary/bonus). Bonus is the worst as it is taxed the most for the nanny.

I'd split the difference with her. I've never worked anywhere that gave me money for not taking their health insurance (I'm on dh's plan)

Start a retirement savings for her?

I'd convert it to salary or annual bonus (her choice) as it is part of a compensation package.

We paid her premium in full as a part of her benefits package. Now that she doesn’t need us to do that anymore, should we offer her the monetary amount in salary? Bonus? Or nothing?