While the official IRS announcement will come later this year, the contribution limit for retirement accounts will likely increase from $23,500 to $24,500 in 2026, according to a new Milliman report.

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 Paperwork Burden Reduction Act will eliminate the need for employers to send coverage statements to all full-time employees.