"ICHRAs allow employers to offer a spendable allowance to employees to shop for individual health insurance from the entire marketplace of options," says Annie Bushey, client executive at Holmes Murphy & Associates.

Most employers offer traditional benefits like health care, however, benefits advisors think new benefits will gain popularity within the year.

Since failure to comply with the regulations pertaining to 401(k) administration can lead to significant financial penalties, business leaders need to familiarize themselves with the new retirement plan rules starting with 2023.

The number of gig workers continues to increase. Here's what to expect in 2023.