Employer health tax exclusion to cost Treasury $296B this year

By Allison Bell

News April 06, 2026 at 12:46 PM

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What You Need To Know

Tax exclusions may help taxpayers avoid $2 trillion in tax payments in 2026.
Employee health benefits account for 15% of the so-called tax expenditures.
The cost of 401(k) plans and similar plans account for another 7.7% of the total.

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