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
Advisors sometimes ask me what defines a key employee. Now that Charlie Sheen quotes are pass, its not enough to respond that a key employee is one who is winning. We need to offer more meat to the definition.
All it took was a popular Time magazine cover story to crucify the 401(k) and label it null for anyone making less than $100,000. Any incentiveeven if it's last minute before tax deadlinefor low-income workers to sock away just a little bit more should definitely be noted.
The most daunting certainty of the Department of Labor's new 401(k) fee disclosure regulations may not be the rules themselves, but the aftermath of employee confusion and/or outrage.
The Form 5500, Annual Return/Report of Employee Benefit Plan, is the form used to file an employee benefit plans annual information return with the Department of Labor (DOL).
While employees may see the benefits to the company for moving to an HSA-qualified plan, many business owners worry workers wont see the value in a plan where theyre responsible for most of their up-front expenses.
Death, taxes and now health insurance? Having a medical plan or else paying a fine is about to become another certainty of American life, unless the Supreme Court says no.
The DOL is seeking specific data from financial services companies that the companies say do not exist, so it will be hard to adhere to the June timeline.