Welfare Plans Edition
January 18, 2001
Today's sponsor is Search401k.com (click on banner for more information)
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A Taxpayer's Guide on IRS Policy to Deduct Weight Control Treatment
Excerpt: "New Policy: The new [IRS] Publication for 2000 provides at page 11, 'You can include in medical expenses the cost of a weight-loss program undertaken at a physician's direction to treat an existing disease (such as heart disease). But you cannot include the cost of a weight-loss program if the purpose of the weight control is to maintain your general good health.'" (American Obesity Association)
Buying Time Off
Excerpt: "Employees want more money and more time off. Give them what they want and payroll as well as benefit costs increase. Ignore them, and turnover costs increase. But what if you could provide extra vacation while saving some money?" (Michael Greve of William M. Mercer, Inc.)
| Retirement Sales District Manager | for ADP, Inc. in NY |
| 401(k) Administrator | for Louis Kravitz & Associates, Inc. in CA |
| Plan Service Representative | for MetLife in CO |
| Pension Administrator | for Regional TPA firm in TN |
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