What are the benefits of having a domestic partner?
Domestic partners are entitled to some of the legal benefits of marriage, but not all. Health insurance benefits provided to a domestic partner are considered taxable income, whereas those provided to married partners are not. The transfer of assets between partners is often taxable as well.
Do you get health insurance for your domestic partner?
While some employers (about 25% in the U.S.) offer health benefits to domestic partners, it is by no means a standard. That’s why this is an important factor to consider, since buying your own health insurance can be expensive.
Are there any drawbacks to a domestic partnership?
Drawbacks of a domestic partnership can be lack of coverage through your partner’s employer-sponsored health insurance, lack of survivors benefits unless you live in a very liberal city such as New York City, where you could be eligible to receive survivor benefits.
Do you have to pay taxes on domestic partner benefits?
However, some employers continue to provide employer sponsored benefits to domestic partners who are not legally married. Employers must generally treat the value of employer-provided domestic partner benefits as taxable income to the employee at the federal level.
Are there any perks for being an employee of Nissan?
Nissan offers employees short-term (1-yr agreements, but effectively shorter) discounted leases on (most) Nissan and Infiniti models. IRS rules regarding imputed income apply. But it’s still a valuable benefit with parents and siblings of employees being eligible to lease vehicles too.
Domestic partners are entitled to some of the legal benefits of marriage, but not all. Health insurance benefits provided to a domestic partner are considered taxable income, whereas those provided to married partners are not. The transfer of assets between partners is often taxable as well.
What kind of health insurance does Nissan offer?
The very inexpensive $35 a month full coverage health insurance is a definite plus for the industry. Other, more extensive options are offered; however, for the general populous, the basic coverage is supreme. 401k contributions are par at best with most industries as they partner with Vanguard.
Is there a wellness program for Nissan employees?
It is more like 4.5% total once you read the fine print; however, any company willing to offer money to its employees should be considered a positive. Nissan’s wellness program is superior to any industry I’ve worked for previously.