Cadillac Tax and Other Taxes Delayed

DMEC StaffCompliance, Resources

The President has signed the Consolidated Appropriations Act, 2016, which contains several provisions related to employee benefits. Most significantly, the new law delays the so-called “Cadillac tax” from 2018 to 2020.

Under the Affordable Care Act (ACA), a 40% excise tax was scheduled to go into effect on high cost employer-sponsored health benefits in 2018.

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