Compass
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Bates & Company, Inc.
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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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AimPoint Pension
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Regional Vice President of Sales The Retirement Plan Company
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Congress Considers Capping Health Plan Deduction for Employers
Accounting Today Apr. 18, 2016 " 'Let's consider the largest health tax expenditure, for employer-sponsored health insurance plans, commonly referred to as the employer exclusion,' said committee chairman Kevin Brady, R-Texas 'Congress incorporated this highly popular tax break into the tax code decades ago so that employers could attract and keep workers during a time of wage freezes. At the time this provision was created, the labor market and the health insurance market both looked very different.' ... Brady contended that the tax break limits the number of choices available to employees who might want to shop for a health care plan that might better fit their needs, and the tax break may also contribute to higher costs." |
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