How are contributions taxed?

Every Ezra contribution is taxable as earned wages:

• Employee contributions are deducted as a percentage of net pay.

• Employer matches and rewards are added as additional gross pay. The full bonus amount is saved in your Ezra account, meaning your net pay will be reduced by the amount of tax on the benefit. Tax withholding on matches and rewards is subject to the discretion of your employer.

• Interest paid on your account is taxable, and you may receive a 1099-INT from our banking partner.