Making changes to retiree benefits comes with pitfalls, expert says

08/18/2013 | BenefitsPro.com

Tax, market and legal implications complicate some employers' plans to change how they deal with retiree health benefits, Aon Hewitt retirement actuary Milind Desai says. Retiree health plans may be tax-free, while a cash benefit in lieu of a health plan may be taxable, Desai says. Contractual obligations may also make dropping retiree benefits more difficult.

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