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401K Plan for Household Employees: FAQs
GTM clients can offer a 401K plan for household employees through the National Household Employers Association (NHEA). Here are some FAQs about the plan.
Offering Creative Benefits to Household Employees
Families looking to recruit the best household employees need ways to attract them, especially if they’re unable to pay higher salaries. Offering creative benefits to household employees can do the trick, particularly if those benefits address specific needs.
Health Insurance for a Household Employee
Offering health insurance for a household employee benefits both the employee and the employer. The ACA can be complicated to navigate, especially within the realm of household employment. Here is a quick guide for obtaining health insurance for your nanny or other household employee.
Vacation Time or PTO: What’s the Difference?
Sick time is to be used in case the employee is ill or must care for an ill loved one, and vacation time is for the employee to simply take time away from work. But should you offer sick and vacation time or PTO? What’s the difference?
Workers’ Compensation for Household Employees
This brief video explains the importance of having workers’ compensation for household employees, the risks you take by not having a policy, and how GTM makes it easy to add a policy to your payroll service.
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