While the official announcement will come in October, the IRS contribution limit for retirement accounts will likely be a modest $500 increase for 2024, according to a new Milliman report.
The new legislation is a win-win for workers and small businesses, offering access to expanded retirement plan benefits for employees and helping to level the playing field for small businesses competing to retain top talent.
Sen. Bill Cassidy and Rep. Virginia Foxx sent a letter to Acting Labor Secretary Julie Su to “cease further action” on a new fiduciary rule, which has "created unnecessary instability for retirement plans."
Sponsored by New Ocean Health Solutions
If your health & wellness plans aren’t cohesive, don’t include costly aspects of wellness like chronic conditions, or don’t feel tailored to the specific needs of your people, it’s time to consider another solution. Download this white paper to learn how to check all the right boxes and deliver value--for both your people and your bottom line.
Sponsored by HealthComp
This checklist will help you determine which of your clients will benefit most from a TPA and acts as a helpful resource for them to ensure a successful transition from a fully funded model to a self-funded plan.
Sponsored by ArmadaCare
Amidst the evolving HR landscape, benefits brokers face challenges that require creative solutions. Explore how one innovative health benefit can solve key business problems, strengthen client relationships and position you as a valued advisor.
Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!
- Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
- Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
- Exclusive discounts on BenefitsPRO.com and ALM events.
Copyright © 2023 ALM Global, LLC. All Rights Reserved.