To help you determine the Pension & Health contribution for this particular C4B brand deal, we’ve created a simple calculator for you to use.
Step 1: Enter total compensation amount.
Step 2: Enter the percentage (at least 30%) of your overall compensation that will be subject to Pension & Health contributions. This percentage should reflect the amount of “covered” services rendered in this brand deal, ie. on-camera or voice over performance. The percentage you select will determine the amount of “covered earnings” and the contribution required.
Step 3: Based on your total compensation and the percentage of covered services, the calculator will provide the total contribution amount that should be sent to the Pension & Health plans.