What you need to know about the Cadillac Tax
Beginning in 2020, the Affordable Care Act (ACA) will levy a 40 percent excise tax on health plans that are deemed to be overly generous. This tax, also known as the “Cadillac tax,” will affect health plans that cost more than $10,200 for an individual or $27,500 for a family. The Cadillac tax is designed …
