| BenefitsLink Welfare Plans Newsletter |   |
November 7, 2003 - 8,649 subscribers
Today's sponsor: EBIA's Tax Savings Calculator
(Click on company name or banner to learn more.)
Announcing EBIA's Tax Savings Calculator! EBIA's new Tax Savings Calculator is the first of its kind--a "must have" tool for every employer that sponsors a cafeteria plan or transportation plan and for anyone else that designs or administers plans. This powerful, easy-to-use tool allows employees to estimate their federal tax savings that arise from making a wide variety of pre-tax salary reductions, and it also compares DCAP vs. DCTC savings. For details, please click above!
(Please visit our sponsors. We try to make sure their products and services will be of interest to you. Thanks! --Editor)
Can Employees Pay Spouses' Individual Health Premiums Pre-Tax Through a Cafeteria Plan?
Excerpt: "Answer: Although there is no formal guidance on this matter, we think it is possible under the tax laws to design a cafeteria plan to pay for a spouse's individual health insurance. However, as discussed below, there are some important cautions to keep in mind." (EBIA Weekly (Question of the Week))
Oklahoma Court Blocks Importing of Drugs
Excerpt: "A federal judge granted the government's request on Thursday to shut down a company that helps customers buy cheaper prescription drugs from Canada. The decision by the judge, Claire V. Eagan of United States District Court for the Northern District of Oklahoma, is a blow to customers who use the company, Rx Depot, to buy less expensive medicines." (AP via New York Times; one-time registration required)
Many Online Canadian Pharmacies Do Not Ensure Consumer Safety, Privacy, Study Finds
Excerpt: "Many Canadian online pharmacies fail to ensure customer safety and privacy and may be operating without a pharmacy license, according to a study conducted by PharmacyChecker.com, the Wall Street Journal reports." (KaiserNetwork.org)
Savings Immense on Canadian Drugs
Excerpt: "As Congress debates whether to allow foreign pharmacies to fill prescriptions, the Associated Press surveyed U.S. and Canadian prices for 10 popular drugs and found the Canadian prices were 33 percent to 80 percent cheaper." (Washington Times)
Links to Items on Executive Comp, Benefits in General
Overview: FASB Announces Planned Effective Date and Method of Transition for Stock Option Expensing (PDF)
4 pages. Excerpt: "The Financial Accounting Standards Board (FASB) met six times from mid-September to the end of October to further deliberate key issues on its stock option expensing project, now referred to as 'equity-based compensation' (EBC). This letter is intended to update our readers on the most substantive developments occurring during these meetings." (Frederic W. Cook & Co. Inc.)
Newly Posted or Renewed Job Openings
Compliance Advisor
for Ceridian
in FL
Pension Supervisor/Consultant
for TIC International Corporation
in MI
Retirement Plan Administrator
for The Pension Alliance, Inc.
in PA
Benefits Supervisor
for JM Family Enterprises
in FL
Insurance Policy & Compliance Analyst 1
for Office of Insurance Commissioner, Washington State
in WA
Plan Administrator
for Thomas F Barrett Inc.
in DC, MD
Benefits Manager
for Vail Resorts, Inc. - world class ski resort
in CO
Newly Posted Conferences
(Post Yours!)
Advanced Pension Conference
in IL
September 8, 2004
SunGard Corbel
SunGard Corbel Client Conference
in FL
June 7, 2004
SunGard Corbel
Newly Posted Press Releases
(Post Yours!)
Benefit Advisors Network Welcomes Integrated Benefit Services
(Benefit Advisors Network)
Hewitt Data Shows U.S. Employees Cash Out of 401k Plans When Changing Jobs
(Hewitt Associates)
ARAG Group Acquires LawPhone
(ARAG Group)
Handy Links:
- View Today's Active Message Threads
- Search BenefitsLink
- Using the Web for Employee Benefits Research
- Employee Benefits Library
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