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Author: onemorequestion Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121114  
Subject: ObamaCare Allowance Date: 9/27/2013 11:07 AM
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I have read that a number of companies are planning to jettison their health plans and pay a monthly health care allowance to the employees. The employee would then obtain their health insurance on their respective state's health insurance exchange. Has anyone seen an interpretation of how these allowance payments will be treated for tax purposes (FIT, FICA, FUTA)? Thanks in advance for your reply.
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