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Learn MoreYour company's retirement plan poses serious cybersecurity risks. So says the Government Accountability Office (GAO). It just released a new report on defined contribution plans. First, think of all the sensitive info needed for a 401(k). Then that data travels…
IRS Notice 2021-15 spells out new extensions for flexible spending accounts (FSA) and dependent care assistance programs. So your company can continue to be a bit more flexible with its cafeteria plan. And it comes courtesy of the Taxpayer Certainty…
Now your company will need to accept telemedicine visits as certification for employees' Family and Medical Leave Act (FMLA) requests. A new Wage and Hour Division Field Assistance Bulletin clarifies that a virtual doctor's visit counts as an “in-person” doctor’s…
Your employees will soon be equipped with an online health shopping tool to make smarter, more informed healthcare choices … and save your company money as a result. Starting Jan. 11, 2022, health insurers must provide a publicly available, updated…
The feds have issued new guidance on COVID-19 screening for workers as you try to return employees safely to the office. And it's good news for employers. Health insurers must cover return-to-workplace testing for the duration of the pandemic, according…
The Department of Labor’s (DOL's) proposed fiduciary rule replacement has arrived. The rule replaces the Obama-era fiduciary rule vacated in 2018. Its aim: to help employees get better investment advice about their retirement plans. The new rule will likely include…
Your company can now tap email or even text to pass along key retirement plan disclosures. The Department of Labor recently released a final rule, effective July 27. And seeing how your workforce may be more fractured than usual, thanks…
Just halfway through 2020, IRS has already pushed out the limits for high deductible health plans (HDHPs) and health savings accounts (HSAs) for 2021. And we can tell you that you’ll be able to let employees sock away some extra…
Your company can now allow for a slew of mid-year changes to your Section 125 cafeteria plan. And it's because of the current coronavirus pandemic. IRS just issued two pieces of new guidance to account for the COVID-19 chaos and…
Health plans that otherwise qualify as high-deductible health plans (HDHPs) won’t lose that status merely because they cover the cost of COVID-19 testing or treatment before plan deductibles have been met. That’s the word straight from IRS. And employees in…
The feds passed a $1.4 trillion spending bill in the last days of 2019, and it will drastically change the way you administer your company’s retirement plan. The SECURE Act (Setting Every Community Up for Retirement Enhancement Act) has been…
Resourceful Finance Pro, part of the Rover Insights Network, provides the latest Finance and employment law news for Finance professionals in the trenches of small-to-medium-sized businesses. Rather than simply regurgitating the day's headlines, Resourceful Finance Pro delivers actionable insights, helping Finance execs understand what Finance trends mean to their business.
