Provisions in the current proposed Senate tax reform bill would likely reduce the effectiveness of retirement plan arrangements that regularly receive contributions of unused leave for former employees, commonly known as “accumulated leave” or “special pay” plans. As a result, affected entities and individuals would be subjected to greater employment taxation and more immediate income taxation.
You are here: Home / Employee Benefits / Tax Reform and Accumulated Leave (aka “Special Pay”) Plans
About Lowell Walters
Lowell Walters is an attorney at Carlton Fields in Tampa, Florida. Connect with Lowell on LinkedIn.