Why Benefits Over Cash
You Get Money Tax-Free!
WAGE PARITY FUNDS ARE NOT REPORTED AS INCOME SO IT’S TAX-FREE AND WON’T AFFECT YOUR QUALIFICATION FOR MEDICAID, FOOD STAMPS OR OTHER GOVERNMENT PROGRAMS.
Let’s say a home health aide gets paid $20* an hour. If they accept additional wages in the form of cash, they will get taxed for their hourly wage ($20/hr), as well as the additional wages of $2.54/hr making the taxable income $22.54/hr for each hour worked.
However, with the Wage Parity benefit, you are only taxed for the $20.00 base wage, and the additional wage of $2.54/hr is tax-free. That's additional take-home money of $132.75/mo or $1592.96/yr (based on a 40-hour work week).
That’s a lot of extra tax-free money in your pocket!
See the example in the chart below.
| without |
|
|---|---|---|
| Base wage | $20 (taxable income) | $20 (taxable income) |
| Additional wages each pay period | $2.54/hr (taxable income) | $2.54/hr (tax-free income) |
| Supplemental wage | $406/mo | $406/mo |
| Yearly additional take-home pay | $3,693/yr | $5,286/yr |
*The $20 figure is not representative of the minimum wage; the amount is for illustrative purposes only.
Activate your account now!
Registering is easy. Click the link above and provide the necessary information and set up your account on our online Portal. Your username will be the email provided to Clarity and you can set your own password.
Quicklinks
- RESET PORTAL PASSWORD
- CHECK BALANCE
- SIGN UP FOR TEXT ALERTS
- CHECK DEPOSIT STATUS
- FILE A CLAIM
- CHECK CLAIM STATUS
- REVIEW TRANSACTIONS
- REVIEW DENIED TRANSACTIONS
- CHECK PAYMENT STATUS
- REPORT CARD LOST/STOLEN
Download the mobile App
The Clarity mobile app allows you to access your Wage Parity plan on the go! Just download and follow the instructions to register. Your username and password for the app will be different than our online portal.
Learn More about the Clarity Mobile App
Read our Mobile App FAQs
Download the User Guide
