If you would like to add, update, or remove a benefit from an employee's profile, follow the steps below. If you have any questions, feel free to reach out to the Payroll Support team.
You can add or remove a recurring benefits deduction by finding the employee's name in the Team Roster tab.
- Click on an employee's name.
- Navigate to the Job Details tab.
- Scroll down to the Benefits section.
- Click Add a Benefit to add a new benefit.
- Click on the pencil icon to edit an existing benefit.
Note: Benefit deductions are not paid out by Homebase. All deductions will remain in the company bank account, and you will be responsible for remitting them to the appropriate parties.
Supported benefit types:
|
Value |
Description |
|
125 Medical |
A benefit belonging to a Section 125 Cafeteria plan that helps employees pay for qualified expenses related to medical care. |
|
125 Vision |
A benefit belonging to a Section 125 Cafeteria plan that helps employees pay for qualified expenses related to vision care. |
|
125 Dental |
A benefit belonging to a Section 125 Cafeteria plan that helps employees pay for qualified expenses related to dental care. |
|
125 Disability |
A benefit belonging to a Section 125 Cafeteria plan that helps employees cover premiums related to disability insurance. |
|
125 Accident |
A supplemental benefit belonging to a Section 125 Cafeteria plan that helps employees cover costs for emergency treatment covering injuries. |
|
125 Cancer |
A supplemental benefit belonging to a Section 125 Cafeteria plan that helps employees cover costs for financial and emotional support when dealing with cancer. |
|
125 Critical Illness |
A supplemental benefit belonging to a Section 125 Cafeteria plan that helps employees cover costs for life-changing illnesses and health events. |
|
125 Hospital |
A supplemental benefit belonging to a Section 125 Cafeteria plan that helps employees cover expenses not covered by major medical. |
|
125 Life |
A supplemental benefit belonging to a Section 125 Cafeteria plan that helps employees cover premiums related to life insurance. |
|
401(k) |
A 401(k) plan is a tax-qualified, defined-contribution pension account that provides for pre-tax retirement savings. |
|
403(b) |
A 403(b) plan is a retirement savings plan available to qualified non-profit groups. It has a tax treatment similar to a 401(k). |
|
457 |
The 457 plan is a non-qualified, deferred-compensation retirement plan available to employees of government and certain non-profit organizations. |
|
Roth 401(k) |
A Roth 401(k) plan is similar to the 401(k) plan, except employees contribute post-tax funds and can withdraw tax free given certain criteria. |
|
Roth 403(b) |
A Roth 403(b) plan is similar to the 403(b) plan, except employees contribute post-tax funds and can withdraw tax free given certain criteria. |
|
Roth 457 |
A Roth 457 plan is similar to the 457 plan, but allows employees to contribute post-tax funds and withdraw tax free given certain criteria. |
|
FSA Medical |
A medical flexible spending account (FSA) is a tax-advantaged account that allows employees to pay for eligible medical expenses. |
|
FSA Dependent Care |
A dependent care flexible spending account (FSA) is a tax-advantaged account that allows employees to pay for eligible dependent care expenses. |
|
HSA |
A health savings account (HSA) is a tax-advantaged medical savings account enrolled in a high-deductible health plan. Funds accumulate and can be used to pay for qualified medical expenses without tax liabilities. |
|
SIMPLE IRA |
A Savings Incentive Match Plan for Employees Individual Retirement Account (SIMPLE IRA) is a tax-deferred employer-provided retirement plan that allows employees to set aside money and invest it to grow for retirement. |