Benefits
Participants in the program say that it has helped them enrich their career as well as their education.
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Congratulations on the many successes of 2020! Despite the incredible challenges throughout the COVID-19 pandemic, Team Exchange has much to celebrate as you steadfastly brought mission-essential benefits to Soldiers, Airmen, Retirees, Veterans and military families. Well done! At the onset of the pandemic, we committed to stabilizing our workforce and made it through the year…
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Exchange associates who had payroll taxes deferred in 2020 can now choose how many pay periods they’d like to use to repay the deferred taxes in Employee Self Service (ESS). Through March 8, associates can choose anywhere from one to 21 pay periods to have the deferred taxes deducted from their wages. Associates who have…
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Exchange associates whose payroll taxes were deferred in 2020 now have more time to pay back the taxes—as well as the flexibility to set the duration of their repayments. Enacted via executive order in August, the deferral of Social Security payroll tax applied to about 24,000 Exchange associates making $4,000 or less per pay period…
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Q1. Can associates select the amount deducted from their biweekly paycheck? A1. Yes. The amount deducted from each check will be determined by each individual’s total repayment requirement and their selected repayment duration (one to 21 pay periods). Associates have until March 8 to select their repayment duration (one to 21 pay periods between PPE…
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Associates can sign up for the first ever a high deductible plan with 20 % savings will be offered.
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Participants can open health savings accounts, which differ in big ways from flexible spending accounts.
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