Expert Opinion

Some of the world's largest asset managers are warning that markets are underestimating inflation, just like a year ago – and offer little hope that a recession will spur the Fed to cut rates.

Whether via audit or some other review process, it's not uncommon for employers to discover that a plan failure has occurred, however, most errors are resolvable — and potentially without fees or penalties — under the right circumstances.

As the job market remains hot, the pressure is on to promote a company's unique set of rewards and benefits in order to position itself as a great place to work.

The question is not whether the new legislation impacts plan sponsors, it's which of the more than 90 provisions apply to them and when do they take effect.

With the recent passage of SECURE Act 2.0 and the IRS' release of substantially higher contribution limits for 401(k)s, small employers are only just beginning their journey to design and offer robust retirement benefits.

The future of work requires that all leaders make learning and development a top priority in order to develop employees for meeting the ever-changing "new normal" of the business world.