Requisite Information Related to FICA Savings

How Dual-Premium Addresses IRS Concerns

The IRS has expressed specific concerns about wellness programs in various Chief Counsel Advice memoranda. The dual-premium structure addresses each concern directly:

IRS Concern Source How Dual-Premium Addresses It
Double Dip: Pre-tax premiums + tax-free benefits from same policy CCA 202323006 Two separate policies. Pre-tax funds Policy 1. After-tax funds Policy 2.
Premium Reimbursement: Employer reimburses employee-paid premiums CCA 201622031 No reimbursement. Wellness benefit is an insurance payment, not a premium return.
Excess Benefits: Benefits exceed actual medical expenses CCA 201703013 Wellness benefits under §104(a)(3) are not limited to medical expenses when funded after-tax.
Lack of Insurance Risk: Self-funded arrangements without risk transfer CCA 201719025 Both policies are fully insured by licensed carriers bearing actuarial risk.
Employer Attribution: Benefits attributed to employer contribution Treas. Reg. §1.104-1(d) Wellness policy premiums paid with after-tax employee dollars, not employer funds.

The IRC §104(a)(3) Safe Harbor

The foundation of the dual-premium structure is IRC §104(a)(3), which provides:

"Gross income does not include amounts received through accident or health insurance (or through an arrangement having the effect of accident or health insurance) for personal injuries or sickness."

— IRC §104(a)(3)

This exclusion applies when premiums are paid with after-tax dollars. Treasury Regulation §1.104-1(d) confirms:

"If an individual purchases a policy of accident or health insurance out of the individual's own funds, amounts received thereunder for personal injuries or sickness are excludable from gross income under section 104(a)(3)."

— Treas. Reg. §1.104-1(d)

The Non-Precedential Status of CCAs

Chief Counsel Advice memoranda, including CCA 202323006, are explicitly non-precedential:

"Written determinations... may not be used or cited as precedent."

— IRC §6110(k)(3)

This means CCAs:

What Does Have Precedential Weight?

Treasury Regulations, Revenue Rulings, Revenue Procedures, and court decisions carry precedential weight. The dual-premium structure relies on IRC §104(a)(3), Treasury Regulation §1.104-1(d), and Revenue Ruling 69-154—all of which have been established law for decades.

Documentation Requirements

Proper documentation is essential for demonstrating compliance. A well-structured dual-premium program should maintain:

Plan Documents

Payroll Records

Insurance Documentation

Red Flags to Avoid

Certain structures create compliance risk. Avoid programs that:

  • Fund 100% of premiums through pre-tax salary reduction
  • Use "loans" or "advances" instead of genuine insurance premiums
  • Lack genuine insurance risk transfer to a licensed carrier
  • Promise specific benefit amounts without actuarial basis
  • Cannot provide clear documentation of the after-tax premium payment

Vendor Evaluation Criteria

When evaluating dual-premium program vendors, confirm:

Criteria What to Look For
Insurance Carriers Licensed in your state; rated by AM Best, Demotech, or similar; genuine risk transfer
Legal Opinion Written tax opinion from qualified ERISA/tax counsel addressing §104(a)(3) treatment
Premium Separation Clear documentation of separate pre-tax and after-tax premium streams
Compliance Protection Insurance covering defense costs, penalties, and potential back taxes
Track Record Years in operation; no adverse IRS rulings; references from similarly-sized employers

Complete Compliance Framework

The PTE Gold Book provides a comprehensive compliance framework including documentation checklists, vendor evaluation criteria, and detailed analysis of all relevant IRS guidance.

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