Only a little over half of small businesses understand and are prepared for the changes required by the Affordable Care Act, according to a new survey.
Financial concerns and readiness for retirement remain top worries for Americans, even as many employers are trying to help by offering financial education benefits.
IRS issues annual health spending account contribution limits and out-of-pocket maximums.
Effective in 2015, the Affordable Care Act requires that employers report information about the health coverage they offer to employees. As you plan for ACA compliance, be reminded that you have this reporting obligation, not just to the Internal Revenue Service but to employees as well.
Industry musings about how fast this employee benefit selection tool will grow and in what format are plentiful.
By getting employees more directly engaged in their own financial well-being educating them on their benefits, helping them make the right retirement planning decisions and learning how to tackle financial stress by addressing their own debt and their worries over health care costs employers are seeing lower turnover and increased productivity.
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