Is it possible for COBRA premiums to be paid pre-tax, via the premium
Posted 18 November 1998 - 02:59 AM
I thought I had read that this would be allowable under a new regulation beginning next year????
Posted 19 November 1998 - 03:33 AM
I am specifically and personally interested because while waiting for new benefits to kick in, I have been paying $530/month for COBRA. I know that I read somewhere that former/current employees paying COBRA could use employer's section 125 for tax savings. My former (over 1,000 employees) company has not ever heard of it. Anyone out there know? TAX time is upon on and a CPA somewhere must have advised their client of the tax benefits of this new law (if it exists). I know I read something about section 125 and COBRA premiums being a new development. Anyone else?
Posted 08 December 1998 - 10:31 PM
I specialize in Section 125 plans & have run into this question many times- I wish the answer was different!
Posted 09 December 1998 - 09:22 AM