Move Down the Road—Cadillac Tax Delayed Until 2022
January 23, 2018
Employers have been pushing for a repeal of the Cadillac Tax under the Affordable Care Act ever since its introduction in 2010. In our recent article (see Employers Running Out of Time in Dealing with the Cadillac Tax), we discussed some of the planning issues associated with the tax.
On January 22, 2018, Congress came to an agreement on a bill to end the federal shutdown. Included in this bill is a provision to delay the Cadillac Tax two additional years. As such, the effective date of the tax is now pushed out until 2022. Given it is solely a delay and not a complete repeal, employers need to continue monitoring and planning for the Cadillac Tax.
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