Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
|
Loan & Distribution Specialist AimPoint Pension
|
Bates & Company, Inc.
|
AimPoint Pension
|
Regional Vice President of Sales The Retirement Plan Company
|
Compass
|
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
Cadillac Tax Delayed Until 2020, Payments Become Deductible
Ice Miller LLP Dec. 23, 2015 "[H]ealth insurers and third party administrators are often required to pay the tax, and it is expected that these third parties will generally demand reimbursement from employers. Reimbursements for the non-deductible Cadillac tax would have constituted taxable income to the health insurers. Insurers had already indicated that they expected employers to reimburse them for these additional taxes on the Cadillac tax reimbursements, ultimately costing employers 50 to 60 percent, rather than 40 percent, of the value of excess benefits provided. Now that the Cadillac tax is deductible, the tax's burden on employers should actually approximate the size of the tax." |
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). |