Guest exec_question Posted November 28, 2007 Share Posted November 28, 2007 Our small company currently offers no benefits to employees. During the interim period before we create a plan for everyone, can we offer to reimburse medical expenses / insurance for one exec? Link to comment Share on other sites More sharing options...
QDROphile Posted November 28, 2007 Share Posted November 28, 2007 If you are not trying to have the reimbursements excluded from taxable compensation, you have no problem. You can pay employees whatever you want, subject to the excessive compensation rules. If you are thinking about nontaxable reimbursements, start with section 105(h) of the tax code. Link to comment Share on other sites More sharing options...
Guest exec_question Posted November 28, 2007 Share Posted November 28, 2007 thanks, that's helpful. It looks like the nondiscrimination rules would apply and the reimbursement would be taxable. Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now