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In July 2019, the State of Washington enacted a state-run long-term services and support (LTSS) trust program. Beginning January 2022, any W-2 employee in Washington must pay a maximum 0.58% of annual wages into a state fund through payroll taxes, withheld quarterly by employers.
Contact an ABD Benefits Consultant or ABD HR Consultant today to walk through the best options to help not only your WA employees, but most of your employees, as many other states are also looking at a similar legislation.
Resources
Blog: WA Employees: Opt-in Deadline fast approaching for the WA Long-Term Care Trust Act LEARN MORE
WA Cares Long Term Care Program LEARN MORE
Video - see below
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Vice President
Falvey Cargo Underwriting
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ProTecht Risk Solutions
Falvey Insurance Group
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ABD
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