Tax Cut Leads to $4200 Raise for Ammunition Depot Employees

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Feb 06, 2018, 08:00 ET

BOCA RATON, Fla., Feb. 6, 2018 /PRNewswire/ -- Ammunition Depot® announced plans to provide health care as an option for all full time employees beginning the first quarter of fiscal 2018. The company will be covering the vast majority of the cost for their employees amounting to a minimum annual benefit of $4200 per employee.

"We are pleased to be able to provide this benefit to our associates for continuing to deliver outstanding productivity and customer service," said Seth Weinstein, CEO. "This investment in our associates was made possible as a direct result of the new tax reform bill. While we are not required under the Affordable Care Act to provide this insurance, because of the new economic climate we are happy to be able to offer a great health care plan to our 30+ employees, while also being able to cover approximately 95% of employee premiums."

The Company expects that the impact of the Tax Cuts and Jobs Act of 2017 will result in a favorable business environment going forward, and is pleased to be able to offer this additional benefit to their employees.

Ammunition Depot is a leading Florida based online vendor of ammunition and shooting accessories with facilities in Boca Raton, FL, Kissimmee, FL, and Poinciana, FL. For more information please visit www.ammunitiondepot.com.

SOURCE Ammunition Depot