Even if the DOL acknowledges a company made a minor, "common" mistake regarding overtime calculations, it doesn't mean the agency will let that company off the hook. (more…)
Benefits
When the Tax Cuts and Jobs Act (TCJA) killed the penalty on the ACA’s individual mandate, most employers believed Obamacare was effectively dead. But some states didn’t think killing the mandate was such a great idea and put forward legislation…
Congress recently passed two bills that could have a major impact on the usage of HSAs. (more…)
CFOs take note: If this bill passes, Congress will become heavily involved with improving the retirement-savings programs for private sector workers. (more…)
After years of meager pay raises that barely keep pace with inflation, it looks like employees would be willing to take some desperate steps to achieve a significant pay bump. (more…)
For the third time this year, the IRS is changing a key HSA contribution limit. (more…)
Heads up: A recent lawsuit puts employers in a very tricky spot regarding health plan compliance. (more…)
You probably have at least a few employees who recently looked at their paychecks expecting to see a specific number and were surprised to see a higher one. And that presents a golden opportunity for finance pros. (more…)
Just when you thought the fight to kill the ACA was finally over, a brand new chapter of the Obamacare-repeal saga has emerged. And on the surface, this chapter looks like it could potentially be the last for the controversial…
When the DOL first delayed the new disability claims procedures regs (from Jan. 1 to April 1, 2018), there was hope that the burdensome regs would be scraped altogether. (more…)
Employers have a lot of freedom to determine how their 401(k) plan fees are allocated. The flip side of that freedom: A tremendous responsibility to make sure everything fee-related is done "solely in the best interest of participants." That last…
No doubt, the cutting-edge technology specifically geared toward banks and financial service providers can greatly benefit employers in those industries. But those tech advancements can also lead to a fragmented data infrastructure. In this post, guest author Sai Gundavelli, the…
