Bank of Americas health savings account business rose 34 percent with the addition of 50,000 new accounts last year, the firm announced Monday.

A round-up of the weeks employee benefits news, reports and controversy

Pressure is mounting for Congress to reverse cuts to commuter benefits as part of a major tax package this year.

Although hiring independent contractors can reduce the paperwork, tax burden and hassles associated with bringing on employees, Christopher Ezold, a business attorney and tax partner with the Ezold Law Firm P.C., a Philadelphia-based employment and business boutique, warns that employers can expect contractor classification changes by the IRS in 2012.