5 Considerations for Employee Benefit Programs That Benefit Both the Employer and EmployeeInside Counsel January 27, 2015
Lee T. Polk, Of Counsel to Epstein Becker Green in the Employee Benefits practice, in the firm's Chicago office, authored an article in Inside Counsel, titled “5 Considerations for Employee Benefit Programs That Benefit Both the Employer and Employee.”
Following is an excerpt:
Employers should take a fresh look at their qualified retirement plans because when taxes rise, tax-exempt programs increase in value. The focus here is that tax law changes that came into effect in 2013 created new, or higher levies — both payroll and income taxes. Employers should revisit the potential savings from their qualified plans for both employers (through payroll tax savings) and employees (through income and payroll tax savings).
This article is based on Mr. Polk’s Take 5 newsletter.