Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
|
Regional Vice President of Sales The Retirement Plan Company
|
Bates & Company, Inc.
|
Compass
|
Loan & Distribution Specialist AimPoint Pension
|
AimPoint Pension
|
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
74% of Employers Exposed to Cadillac Tax by 2022
CFO Dec. 10, 2015 "Using a 6% rate or 'trend' increase, compounded each year, [the study] found that by 2018, 30% of employers will be subject to the Cadillac tax; by 2020, 50%; and by 2022 the tax will hit 73.79% of employers. 'Many of these employers, even after reducing benefits and premiums, will still not be able to lower their annual costs under the Cadillac tax thresholds,' said Carol Taylor [of UBA] ... 'The Cadillac tax hits those employers with an aging workforce, those with high claims and those in areas with high medical care costs,' she added." |
Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the linked news item's title). |
An important word about authorship: BenefitsLink® created this link to the news item, but we are not the news item's author (unless expressly shown above). |