AARP maneuvers to avoid federal penalty on “Cadillac” insurance policies

Originally posted 11/05/2010 by me elsewhere

The federal government will enact a 40% tax on so-called “Cadillac” insurance policies starting in 2018. A “Cadillac” plan is one that’s valued at over $10,200 for individuals or $27,500 for families. According to Yahoo news, AARP is currently adjusting its insurance policies and has promised to make future changes in order to make sure that they stay below the “Cadillac” threshold.

Continue reading “AARP maneuvers to avoid federal penalty on “Cadillac” insurance policies”

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