well aet

Discussion in 'UPS Discussions' started by andorian, Aug 8, 2010.

  1. andorian

    andorian New Member

    Something called "well aet" was added to my paycheck for $100, then deducted AFTER taxes, costing me an additional $30 in taxes. I believe this has something to do with the gift card from Aetna. I think this is outrageous and I don't understand what the logic is behind it. The entire insurance situation has been a nightmare this year. I'd like to complain to somebody, but there's nobody to complain to.
     
  2. UpstateNYUPSer

    UpstateNYUPSer Very proud grandfather.

    That would be the gift card from Aetna, which is considered to be taxable compensation. I'm a little surprised UPS did not treat this they way they treat sales leads for compensation purposes. Suppose you earn $200 on a sales lead and the taxes on that amount are $20. UPS will add the $20 to the $200, add that to your gross pay, and then subtract the $20 for taxes netting you the $200 that you earned on the lead.
     
  3. companal2

    companal2 HR Supv

    During the rollout of the new benefits before open enrollment last year, the issue with the gift cards being taxable income was discussed. A lot of folks, including myself, didn't even bother to complete the wellness assessment to get the card.... Not worth the hassle.
     
  4. andorian

    andorian New Member

    It was absolutely NOT worth the hassle, and now the insurance company has more information about me than they should. And I have no idea why they would tax it at 30% which is way higher than my normal tax bracket. Also, it is not a gift. I provided them with information, which they agreed to pay me for.
     
  5. pickup

    pickup Well-Known Member

    Congratulations on the extra 70 dollars that u made free and clear.
     
  6. Funfact

    Funfact Well-Known Member

    Apparently he doesn't want the $70.
     
    Last edited: Aug 8, 2010
  7. Funfact

    Funfact Well-Known Member

    It was a gift they said they give you $100 as a gift if you filled out the info. It's cheaper for them to do that then have to pay there own employees to get that info.

    It doesn't matter what rate they tax you at now you'll get the difference back when you do your taxes unless you owe.

    But anyways if you still want to complain send me the $70 then you will be even and have nothing to complain about..
     
  8. andorian

    andorian New Member

    You guys are so funny. The $70 wasn't free and clear. I gave them information about mine and my family's health history, which they will have forever now. I should have known better. All for a lousy $70 dollars.
     
  9. Funfact

    Funfact Well-Known Member

    They could have found out that info anyways it was just cheaper to ask you for it then have there people have to do work to find it.
     
  10. klein

    klein Für Meno :)

    Actually, you're the funny one.
    So, for an extra $30 you would have sold the family out ? (and your time) ?
    And , not complain ?
     
  11. andorian

    andorian New Member

    I shouldn't have filled that thing out for any amount of money, since the info can only be used against me in the future. But considering that I did, I would have at least liked to have gotten the amount that I was expecting.
     
  12. FracusBrown

    FracusBrown Ponies and Planes

    It's the law. Look it up on the IRS web site. All non-earned income has to be taxed at the supplemental rate.
     
  13. andorian

    andorian New Member

    The supplemental rate is 30%??? My normal tax rate is about 8%. And I still think that it is earned income, since I filled out a very extensive questionaire.
     
  14. UpstateNYUPSer

    UpstateNYUPSer Very proud grandfather.

    It is not earned income--it is a bonus. You have $100 to spend for which you paid $30, which you will get back when you file your taxes.
     
  15. fxdwg

    fxdwg Member

    Peek out your window. There's a black sedan down the street at night......every night. Some day, you'll be walking alone and the sedan will pull up.....There will be a man inside, possibly someone that you know. You'll be offered a ride............You may also be offered $100 to accept the ride...............Be very wary!!!!
     
  16. andorian

    andorian New Member

    When a stranger offers you candy, they at least give you the candy before they kill you.
     
  17. FracusBrown

    FracusBrown Ponies and Planes

    Yeah, but you might still only get to eat 70% of it.