The Broker Innovation Lab celebrates brokers and other benefits stakeholders who have embraced the changing marketplace to position themselves and their business for future success
Many companies have started funding wellness programs that enable staff members to keep fit, control their stress, and enhance financial security. Still, the execution of such initiatives calls for careful consideration of crucial legal aspects.
The Biden administration’s agenda, which sought to provide Medicaid-funded emergency services to undocumented immigrants, has cost federal and state taxpayers more than $16.2 billion, according to Congressional Budget Office estimates.
If your employees missed the December 31 FSA deadline, make sure they don’t miss out on this last opportunity to use their tax-free funds to improve their health and make their money go farther.
Employers who don’t offer retirement planning advice should encourage their older employees, particularly those 60-63, to consult with accountants or tax preparers to benefit from the “super” catch-up contributions, recommends Firstrade.
The banking giant has been hit with a class action lawsuit, alleging it used retirement plan contributions from departing employees to “offset its employer contributions” rather than reducing plan administrative fees, violating ERISA.