Benefits are an optional feature of U.S. Bank Payroll. They can be added, updated, or removed as your business needs change.

Here's what to know about the benefits option:

• Benefit deductions take money from an employee’s paycheck to pay for employer sponsored benefits.
• Payroll collects employee contributions, and the employer sends those funds to the benefit provider.
• Pay stubs, payroll reports, and year‑end tax forms show both employee and employer contributions for transparency and compliance.
• These deductions may be taken before or after taxes, which impacts take-home pay and tax savings.
• To view a list of available deductions, see also: What benefit deductions can I select with U.S. Bank Payroll?

How add and manage benefits within U.S. Bank Payroll in online banking 

Note, U.S. Bank does not offer benefit plans. We only handle payroll deductions. You must set up and manage your own benefit plans outside of U.S. Bank. We also cannot help you pick a benefit provider.

1. From the upper right select Business tools and then Payroll.
2. On the Payroll dashboard select the three dots to the right and choose Benefits.
3. To add a new benefit.
   1. Select Add benefit.
   2. Enter the benefit name as it will appear on the employee’s paystub.
   3. Choose the benefit type from the drop down select Save & continue.
   4. Select which employee to apply the benefit to.
   5. Enter the Employee deduction and Company contribution.
   6. Choose Submit.
4. To edit an existing benefit.
   1. Locate the benefit and select the three dots to the right.
   2. Choose Edit employee benefit.
   3. You can edit which employee has this benefit and make changes to the amounts.
   4. Enter your changes and select Submit.
5. To remove a benefit.
   1. Locate the benefit and select the three dots to the right.
   2. Select Remove from benefit.
   3. Complete the removal by choosing Confirm.

Deductions begin on the first payroll processed after the benefit is set up and assigned to employees.

More information

• Each benefit deduction shows up as its own line on the employee’s pay stub and in payroll reports.
  • When needed, the contributions also show up on year‑end tax forms.
• If a deduction is set up incorrectly, you may need to adjust payroll and sometimes make a future true‑up to fix the reporting and payment.
• After you set up benefit deductions, the system automatically applies them to each payroll run.
• If an employee’s benefit amount changes during the year, the new amount applies to all future payrolls.