CFO / Finance review

Trace the economics from payroll assumptions to employer impact.

Finance should understand where projected savings come from, how the qualifying taxable wage base is represented, and which assumptions require employer-specific validation.

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Review priorities

Questions and information to examine.

FICA savings analysis

Projected savings begin with the qualifying W-2 workforce. IronGate materials illustrate up to approximately $1,186 per qualifying employee per year, but the result should be confirmed using actual payroll data before implementation.

Support: IronGate PCBP overview and payroll review

Payroll economics

The employer's 7.65% FICA rate does not change. The stated savings result from applying that rate to a lower qualifying taxable wage base after the applicable pre-tax benefit election.

Support: IronGate PCBP mechanics and IRS Publications 15 and 15-B

Employee paycheck effect

The homepage pay-stub example shows the same gross pay with lower taxable wages and an illustrative change in net pay. Actual employee results depend on compensation, taxes, elections, and implementation.

Support: IronGate SIMERP pay-stub comparison

Financial validation

Reconcile the projected opportunity to the employer census, qualifying payroll, and participation assumptions. Treat savings as an estimate until the employer-specific payroll review is complete.

Support: IronGate analysis process
CFO / Finance questionWhat changes financially, where does the projected savings come from, and can the assumptions be reconciled to actual payroll?
Relevant IRS guidance: IRS Publication 15-B describes cafeteria plans and qualified benefits. IRS Publication 15 addresses employment-tax treatment. These general references do not determine the treatment of a specific employer arrangement.