Raising the Social Security retirement age: implications for employers
Article Abstract:
Past studies have shown that Social Security has deep implications on the decisions of seniors to continue working until the legal retirement age, and that the new proposals to increase the age eligibility requrements for Social Security is bound to have deep financial repercussions to employers. Increasing the eligibility age for Social Security eligibility increases the costs for employers in terms of providing for health insurance benefits, private disability insurance benefits and retiree health benefits.
Publication Name: Journal of Compensation and Benefits
Subject: Insurance
ISSN: 0893-780X
Year: 1997
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Implications of new federal guidelines for long-term care insurance
Article Abstract:
The Health Insurance Portability and Accountability Act of 1996 allows companies to deduct premiums as a business expense. Considerations include tax-qualified policies, subsidized premiums, inflation protection inclusion and employee education. The act does require ceratin criteria to be met before companies and individuals can avail of the tax breaks.
Publication Name: Journal of Compensation and Benefits
Subject: Insurance
ISSN: 0893-780X
Year: 1997
User Contributions:
Comment about this article or add new information about this topic:
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