Groom principal and chair of the firm’s Policy group, Brigen Winters, was featured by Law360 in the article, “5 Employee Benefits Takeaways on the GOP Tax Bill,” where he offered commentary on key aspects of the legislation and their implications for employee benefits.
“A key thing to note is what wasn’t in there…I think that’s notable. We didn’t have Rothification, we didn’t have the feared cap on the exclusion for employer-sponsored health coverage,” said Winters.
Regarding the health and retirement tax provisions that were left out of the bill, he said, “I think that’s a victory for the benefits community.”
According to Law360, Winters added that “[the] expiration of the telehealth provision at the end of 2024 had caused problems for employer-provided health plans.”
“So I think that’s good news, that was extended permanently, and it went back and covered the beginning of this year as well,” Winters said.
To read the article, click here.