Although these benefits are not wages, since they are generally taxable payments they should be subject to withholding to avoid the final tax payment problem for employees.
There was plenty of news on the large-cap front Monday too, with Wal-Mart speeding up its final dividend payment of 2012 to avoid the likely higher tax rates next year.
The current final protocol provides the top priority of payment to the families of - the four families who lost loved ones and those who were double amputees or suffered permanent brain damage.