If you have, there is a good chance that you have black toe nail fungus. While this generally isnât a health issue, it can look very unsightly and cause embarrassment when your feet are showing. This has actually become quite a problem for people who like to walk around in public places without footwear.
Nonqualified Plans. IRS-qualified pension plans offer tax benefits to contributors, whether it is the employer or employee making contributions, or both. In many cases, however, tax deductibility is not an issue, as most contributions are made pre-tax, eliminating the need for tax deductions on your annual return.
Your employer takes pretax deductions out of your gross wages before applying taxes, which generally include federal and state income tax and Federal Insurance Contributions Act taxes (which fund Social Security and Medicare).ICA Application and Exclusions. FICA taxes include Social Security and Medicare taxes, which do not apply to pretax commuter benefits and most benefits offered under a Section 125 plan.