Best Practices

As HR teams attempt to navigate yet another series of workplace transformations, it's their responsibility to help employees prepare for whatever 2024 will bring.

Does it need an overhaul? Along with benefit plan amendment deadlines and implementation requirements, the turning of the calendar is a good time to reassess if benefits are robust enough to recruit and retain the best talent.

PEPs are a compelling option for employers and advisors seeking efficient, cost-effective recordkeeping solutions – and by entering a PEP, the employer reduces its fiduciary responsibilities.

Most of the new retirement legislation's 92 provisions will kick in for plan sponsors in 2024 and beyond – meaning many companies relying on Excel and similar legacy software are at a crossroads.

Making the decision to divert from a traditional health plan to a RBP plan is not for every firm: Good communications - and how well an employer uses their "concierge"- are the key to success, according to Imagine360 experts.

For employees to take advantage of their FSA accounts, they need to understand the benefits of doing so.