Beginning next year, NYS employers must offer this (within guidelines) toallemployess. Yes, we can do an automated post tax deduction, but will Square have the ability to send these deduction to the employees accounts?
Hey there, @JennsCookieCrea -
After doing some research, it looks like Square does not automatically send these deductions to external accounts, such as the NYS Secure Choice Savings Program.
As you mentioned, you can set up post-tax deductions, but they will need to manually handle the transfer of these funds to the appropriate accounts.
Please let me know if you have any other questions, I am happy to circle back.
Hey there, @JennsCookieCrea -
After doing some research, it looks like Square does not automatically send these deductions to external accounts, such as the NYS Secure Choice Savings Program.
As you mentioned, you can set up post-tax deductions, but they will need to manually handle the transfer of these funds to the appropriate accounts.
Please let me know if you have any other questions, I am happy to circle back.
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