Some of your year-end health plan responsibilities have lifted, thanks to eleventh-hour legislation from Congress. Plan sponsors that meet certain conditions -- such as providing notification -- no longer need to send employees the Affordable Care Act (ACA) forms that…
Benefits
Today’s economic conditions have placed most working Americans in a tight spot unlike anything since the Great Depression. And it’s made savings – especially long-term savings – less and less of a priority, putting many in a retirement savings crisis.…
It’s that time of year again: Employer health insurance plans are up for renewal. For finance leaders, this period can feel like a lottery. If your plan only increases by a few percentage points, you’ve won by avoiding catastrophe. But…
Americans use more healthcare services than any other people. So we pay more as a result -- and the cost is going up every year. 2025 won't be an exception. PricewaterhouseCoopers' Health Research Institute (HRI) warns group health plan costs…
Here's a common scenario: An individual leaves one employer for another. The previous employer offered a 401(k) plan. The individual rolls over the money in his or her 401(k) into an individual retirement account (IRA) sponsored by the new employer.…
Layoffs, inflation, AI ... these are just some of the factors making employees feel more stressed about their jobs and career future. Studies show stress isn't unique to ground-level workers and middle management -- chief execs feel the pressure too,…
Believe it or not, more than 80% of workers like their employers' Paid Time Off (PTO) packages. But that doesn't stop a surprising percentage of workers from abusing it. Thirty-seven percent of Millennials (workers in their late 20s, 30s and…
What company wouldn't opt for an employee benefit that helps new families out and pays for itself in various ways? A recent report on companies that expanded child care assistance is an eye-opener for businesses that seek to attract and…
401(k) investment plans remain one of the best ways for Americans who are living well into their 70s and 80s to afford retirement. After all, Generation X and Millennial workers won't be able to count on the same retirement-age benefits…
There's a Great Re-evaluation going on among your peers when it comes to health and well-being program benefits. That's the consensus of industry experts from wellness program provider MOBE, insurance company Willis Towers Watson (WTW) and management consulting company Aon.…
CFOs and benefits professionals can only do so much to influence employees to invest in a company 401(k) plan. So-called influencers are often needed to spur folks to enroll or up their contributions so they're not caught flat-footed in retirement.…
Employer health insurance plan costs are set to spike for next year. All the experts are in agreement on that point. The only question is just how much higher coverage will cost. Employee benefits consulting firms Mercer and Willis Towers…