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
The plan for the 2012-13 fiscal year that begins Sunday would increase spending by about 1.5 percent, largely for debt, pensions, health care for the poor and to help fill a shortfall in the almost-finished fiscal year.
The cost of pensions and retiree health benefits are soaring at the University of California, increasing pressure to raise tuition and cut academic programs at one of the nation's leading public college systems.
While adoption rates are increasing for health savings accounts, Dennis Triplett, CEO of UMB Healthcare Services, says few realize the full financial potential of these tax-advantaged accounts
The Internal Revenue Service (IRS) says the new $2,500 cap on workers' annual flexible spending arrangement (FSA) contributions may make the much-hated use-it-or-lose-it rule obsolete.
The "use-or-lose" rule is open for comments. That's good news for the millions of Americans who use tax-advantaged accounts to cut down expenses on health care as well as for benefits managers and administrators of tax-advantaged accounts.
The Internal Revenue Service issued some guidelines on the $2,500 cap imposed on health care flexible spending accounts as part of the Patient Protection and Affordable Health Care Act.
It seemed like a good idea at the time.But a health insurance tax credit for small businesses, part of President Barack Obama's health care law that gets strong support in public opinion polls, has turned out to be a disappointment.
For those of us who are currently employed, the answer may be as easy as learning more about our employers retirement plan(s), including several tax breaks Uncle Sam affords.