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New Year Reminders

Make sure your organization is ready for 2016.

Payroll Withholding

You may need to withhold money from your employees’ paychecks based on selections made during Annual Enrollment. Defined compensation changes, changes in employment, and other mid-year changes may also mean that withholdings for 2016 will be different than 2015.
Learn more about payroll withholding View current withholding amounts

Payroll Frequency

Is the payroll frequency we have on file for your organization up to date? Some benefit contributions are calculated based on payroll frequency, so it’s important that it’s accurate.
View current payroll frequency information

Compensation Changes

Timely reporting of salary changes is important because the costs of your employees’ benefits are based on defined compensation. Reporting changes in a timely manner ensures your employees receive the correct retirement contribution, disability, and life insurance amounts.
Learn more about compensation changes

Health Discount

Encourage your sponsored employees and eligible spouses to take the Mayo Clinic health assessment. If your synod, seminary, or churchwide ministry reaches 65% participation by April 30, Portico will reduce your organization's health contributions for all of 2016 by 1%.
Learn more about the discount

Federal Tax Reporting

Federal tax reporting can be complicated for churches. To help your congregation understand its obligations, we offer the Federal Reporting Requirements for Churches document at no cost to sponsoring employers.
View this document and additional tax information


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