richard kaplan Articles (2013-2018)
Property Transfers to Caregivers: A Comparative Analysis, by Richard L. Kaplan and colleagues (2017)
Caregivers are key recipients of property transfers, both inter vivos and testamentary. The law's treatment of property transfers to caregivers changes according to the caregiver's relationship to the person cared for. Where caregivers are related to care recipients, the law generally favors the structuring of property transfers…
Continue reading https://ssrn.com/abstract=3055417
The Cadillac Tax and Its Potential to Transform How Americans Purchase Health Care Services, by Richard L. Kaplan (2016)
This Article examines one of the most contentious provisions of the Affordable Care Act – namely, the 40% excise tax on high-value health insurance provided by employers. This levy, commonly denominated the “Cadillac” tax, is scheduled to take effect in 2020 but has already induced many employers to...
Continue reading https://ssrn.com/abstract=2865794
What Now? A Boomer's Baedeker for the Distribution Phase of Defined Contribution Retirement Plans, by Richard L. Kaplan (2016)
Baby Boomers head into retirement with various retirement-oriented savings accounts, including 401(k) plans and IRAs, but no clear pathway to utilizing the funds in these accounts. This Article analyzes the major factors and statutory regimes that apply to the distribution or “decumulation” phase of defined contribution retirement…
Continue reading https://ssrn.com/abstract=2724817
Reflections on Medicare at 50: Breaking the Chains of Path Dependency for a New Era, by Richard L. Kaplan (2015)
On the occasion of Medicare’s 50th anniversary, this Article examines the evolution of this essential program from its enactment in 1965 through implementation of the Affordable Care Act. Persons who are, or soon will be, newly enrolled in Medicare may be especially interested in the first part...
Continue reading https://ssrn.com/abstract=2705030
Change and Continuity in Fringe Benefit Taxation: Seeking Sense and Sensibility, by Richard L. Kaplan and colleagues (2015)
This article examines the expansion of excludible fringe benefits in the U.S. federal income tax to simplify this very important area by returning to first principles of income inclusion. It begins by tracing the evolution of fringe benefit taxation as the Internal Revenue Service struggled to create…
Continue reading https://ssrn.com/abstract=2575740
Desperate Retirees: The Perplexing Challenge of Covering Retirement Health Care Costs in a YOYO World, by Richard L. Kaplan ( 2014)
A retiree’s single largest and most unpredictable expense is paying for health care, and this article explains the various choices and options that a retiree confronts regarding that expense. The article examines the traditional components of Medicare (Parts A and B), prescription drug plans...
Continue reading https://ssrn.com/abstract=2447804
Financial Planning for the Non-Retiree, by Richard L. Kaplan (2013)
This article addresses the various options under Social Security, Medicare, and private retirement accounts that should be considered by individuals who are approaching or have reached their “retirement age” but plan to continue working. Specifically, the article considers Social Security’s bonuses for delaying Social Security retirement benefits...
Continue reading https://ssrn.com/abstract=2337792
Reforming the Taxation of Retirement Income, by Richard L. Kaplan (2012)
Legal and financial analyses abound about various means of saving for retirement and the tax advantages that they present, but very little attention has been paid to how retirement income is generated and the tax consequences that pertain to its generation. This article fills that void by
Continue reading https://ssrn.com/abstract=2240494