HR Daily Advisor

OCTOBER 24, 2017

A 401(k) plan offers employees the opportunity to defer a portion of their compensation into individual tax-deferred accounts on a pretax basis, thus avoiding income tax on those “deferred compensa­tion” amounts until the money in their accounts is distributed. Before joining CER in 2005, Ms. designer491 / iStock / Getty Images Plus.

HR Planning 67

HR Planning Retirement Discrimination Handbook 67

HR Daily Advisor

JANUARY 24, 2018

In addition, highly compensated participants lose the Section 125 protection from taxation if the cafeteria plan fails certain nondiscrimination tests. This prohibition on benefits that defer the receipt of compensation is a long-standing requirement of Section 125. Any other benefit that does not defer the receipt of compensation.

HR Planning 43

HR Planning Compensation Handbook Employment Law 43

HR Daily Advisor

FEBRUARY 14, 2017

Arrangements outside a cafeteria plan adjusting salary to compensate for health FSA for­feitures may jeopardize the qualification of the FSA under Section 125 because this could be viewed as impermissible risk-shifting. Before joining CER in 2005, Ms. Carsen was a Legal Editor at CCH, Inc.

HR Planning 49

HR Planning Handbook Employment Law Compliance 49

HR Daily Advisor

DECEMBER 6, 2017

highly compensated employees), and confirm that each request is unique. Jennifer Carsen, JD, is a Senior Legal Editor for BLR’s human resources and employment law publications, focusing on benefits compliance. Before joining CER in 2005, Ms. Multiple identical-looking requests can be a red flag for fraud.

HR Planning 46

HR Planning ADP Retirement Handbook 46

HR Daily Advisor

MARCH 28, 2017

However, if the employer is hoping to structure a more complex sort of “health reimbursement plan/stipend” under which the employees would receive additional, tax-free compensation provided that the employees use those funds to purchase health insurance in the individual market, then this type of plan can run into problems.

Employee Benefits 40

Employee Benefits HR Planning Employment Law Groups 40

HR Daily Advisor

MARCH 15, 2017

Additionally, tax credits available to individuals who lack offers of employment-based insurance would be available to individuals with a broader range of incomes than the current tax credits are, a change “that could make nongroup coverage more attractive to a larger share of employees.”. Before joining CER in 2005, Ms.

HR Planning 54

HR Planning Comparison Employment Law Report 54