Medicare payroll tax on earned income. The Medicare payroll tax is 2.9%. It applies only to earned income, which is wages you are paid by an employer, plus tips. Youâre responsible for 1.45% of the tax, and itâs deducted automatically from your paycheck. Your employer pays the other 1.45%.
Â§ 2510.3-16 Definition of âplan administrator.â. (a)In general. The term âplan administratorâ or âadministratorâ means the person specifically so designated by the terms of the instrument under which the plan is operated. If an administrator is not so designated, the plan administrator is the plan sponsor, as defined in section 3(16)(B) of ERISA.
The supplement also affords you the ability and flexibility to seek care from any TRICARE authorized civilian provider (doctor, pharmacy, lab, ambulance service, etc.). Plan Administrator Selman & Company is the third party administrator of the TRICARE Supplement Plan. Selman & Company has been in business for over 35 years and located in Cleveland, Ohio and Rockville, Maryland.