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The 'One Big Beautiful Bill Act, 2025' Makes Major Employee Benefits Changes
Kutak Rock LLP
[Guidance Overview] July 8, 2025 "[E]mployers should: [1] Consider design changes to HDHPs for low- or no-deductible telehealth services and direct primary care services. [2] Review transportation fringe benefit plans to address the exclusion of bicycle commuting reimbursements and inflation adjustments. [3] Determine whether to revise educational assistance programs to incorporate the inflation-adjusted amount. [4] Decide whether to amend their DCAPs to allow for increased contributions. [5] Consider whether to establish a plan to make contributions to the new 'Trump Accounts.' [6] If subject to executive compensation limits ... consider changes to compensation structures to avoid tax or loss of deduction." MORE >> |
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