Regional Vice President of Sales The Retirement Plan Company
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Bates & Company, Inc.
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AimPoint Pension
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Loan & Distribution Specialist AimPoint Pension
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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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Compass
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Rescinding Coverage from a Full-Time Employee During a Stability Period: Legal, But Fraught with Danger
Accord [Guidance Overview] Dec. 7, 2016
"If the strategy is not applied correctly or one of the three conditions is not met, it is easy to envision an employer incorrectly rescinding coverage from a full-time employee which could lead to a section 4980H penalty.... [T]he strategy is worth exploring for a select number of employers [because] it could reduce the cost of health coverage for an employer ... The cost of implementing this strategy, in terms of attention to detail as well as the human resource/employee morale cost of kicking people off coverage, is high."
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