Benefits advisors can elevate these concerns and be problem-solvers for struggling SMBs at the open enrollment table this year.
With this significant bump from the current threshold of $35,568, more than 3 million workers would be newly eligible for overtime pay when they work more than 40 hours a week, under a new proposal from the DOL.
Employee Fiduciary, a small business retirement plan advisory, called on the DOL to make fees more transparent for plan participants, in response to a feedback request on its new SECURE 2.0 Reporting and Disclosure requirements.
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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.
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