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Is your 401(k) keeping up with change?
By Steven MarrowPlan sponsors should continuously evaluate whether their programs align with organizational goals, participant needs, and fiduciary responsibilities.
This section is a go-to for updates on employment and labor laws, including the Family Medical Leave Act, paid-leave policies, sexual harassment, pay- and gender-discrimination, unions, overtime and time-keeping regulations. Independent contract workers and gig workers are a hot topic in this area, as are the ACA, GDPR and privacy practices and EEOC decisions. This section also provides guidance on how to interpret and prepare for new regulations.
Plan sponsors should continuously evaluate whether their programs align with organizational goals, participant needs, and fiduciary responsibilities.