Although Congress isn't famous for cooperation, there was enough bipartisan support for the Secure 2.0 Act of 2022 (pages 817-946 of the Consolidated Appropriations Act of 2023) to get it signed into law. The intent is to make it more…
Benefits
Now that you have a feel for what positions at your firm should be hybrid, you might be considering giving employees the ultimate work schedule flexibility - the ability to autonomously choose the days and hours that they work. Many…
There's no need to panic if you or one of your staffers discover they've made mistakes with your company's 401(k) plan. No one is going to jail, and in almost every case you won't be paying a penalty, so long as…
More than half of employees say they'd like to receive a financial reward of some kind as the Christmas and New Year's holidays near. The reality is, many won't be seeing a bonus of any kind as employers tighten their…
Give your team a heads up: The informational copies of the 2022 Form 5500, Form 5500-SF, IRS Form 5500-EZ and form instructions have been released by IRS, the Dept. of Labor’s (DOL) Employee Benefits Security Administration and the Pension Benefit…
Thanks to a final rule issued November 22 by the U.S. Department of Labor (DOL), ESG retirement investment restrictions put in place back in 2020 by the Trump administration are being lifted. ESG stands for environmental, social and governance. Because…
As you prepare your salary budgets for 2023, it’s important to know employees’ expectations in terms of pay and perks so you can avoid having to replace your best people in the new year and retain those you bring on…
When a person asks, "How much money will I need in retirement?" the only honest way to answer is with, "It depends." What's most helpful is steering the person's thinking in another direction so they can take honest stock of…
New data shows the Great Resignation and war for talent is leading to C-suite burnout. The pressure your peers are feeling to keep employees from walking out is taking a toll on their mental health. Nearly 70% of C-suite executives…
The cost of everything’s projected to go up next year – including the healthcare plans you fund for your employees. A recent analysis from Aon can give you an idea of just how much you should expect to shell out…
Your peers feel there's a return on investment (ROI) for investing in family-friendly benefits that contribute to employees' work/life balance. That's according to an employer health and benefits strategies survey by Mercer. In this case, "family-friendly" means perks designed to…
Even if your A/P team's composed of Microsoft Office wizards, they could use some help with recording and reimbursing your employees' business travel expenses accurately, on time and on-policy. In the ResourcefulFinancePro webinar, “Bleisure Travel: How to Avoid Expense Management…
