Loan & Distribution Specialist AimPoint Pension
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Compass
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AimPoint Pension
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Bates & Company, Inc.
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Regional Vice President of Sales The Retirement Plan Company
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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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Many Companies Will See Modest New Benefits-Related Costs Resulting from DOMA Ruling
CFO June 26, 2013
"Almost all employers will have to absorb some administrative costs. For example, until now the value of health benefits for same-sex spouses of plan participants and their dependents was taxable. That will still be the case in states where same-sex marriages are unlawful. But employers will have to [retroactively adjust the tax treatment] in the jurisdictions where such marriages are allowed... On the plus side of that issue, ... employers may be able to file for [FICA] tax refunds."
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