Set Up Flexible Benefit Deductions with Deduction Models

Set Up Flexible Benefit Deductions with Deduction Models

Reading time: 10 mins

You can use a benefit deduction model for benefit plans such as medical, dental, and life insurance to vary the frequency of deductions. Key Concept Base your deduction model on the frequency of deductions and what percentage you want to take out each period. Most employees have some type of deduction coming out of their...

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