Employees need disability insurance and most employers are offering a group solution. But what can be done to enhance employeesí adoption of their available coverage?
The move to a private exchange could be difficult for employees who generally are not accustomed to making benefits plan decisions for themselves, or who balk at the potential of an increased out-of-pocket burden. Itís incumbent upon employers to guide them through the transition to help them accept the idea that having more power and choice is a good trade-off to taking on more risk.
The immediate take-away for employers in the Halbig v. Burwell ruling is uncertainty about what the future brings for the Affordable Care Act. If the Halbig majority prevails, Obamacare has been dealt a serious, if not lethal, blow.
Confusion is still circling the Affordable Care Actís excise tax. But now, legal interpretation following Hobby Lobby says the Internal Revenue Service may literally need an act of Congress before it can collect these excise taxes.
Opinion: While some thought that expensive, broad-based health screening programs were a thing of the past, the AHA's policies may support practices that should have been abandoned long ago.
Having recently gained momentum in the investment world, exchange-traded funds carry a large amount of excitement. They commonly offer lower expense ratios and higher liquidity when compared to mutual funds while still providing diversification through broad exposure to all asset classes.
Employment education sessions are a critical way to get plan participants more involved in the personal choices they need to make to maximize their retirement account returns.
Most workers know that they have rights that entitle them to be free of illegal discrimination and from retaliation for reporting concerns of illegal discrimination in the workplace. However, many workers do not realize that they have rights to be free from discrimination even prior to being hired.
Wondering if your wellness program is delivering the goods or just delivering good profits to your vendor? Intel and GEís joint venture Validation Institute will tell you. Think of it as a new sheriff in the wild west of wellness ROI, armed with science and a calculator.
Many employees who change jobs choose to roll their 401(k) accounts into IRAs rather than leaving them in place or rolling them into their new employers 401(k) plan. Rolling a 401(k) account into an IRA is generally a really bad idea, for the following reasons.
Recently, the Internal Revenue Service has focused enforcement activity on examining the implementation of a strong internal control system. The IRS has publicly stated that if a plan is selected for audit the agent will use their evaluation of the planís internal controls to determine whether the scope of the examination will be focused or expanded.
Will virtual currencies supplant the dollar as the currency of choice for international transactions? Probably not any time soon. Recently the Securities and Exchange Commission, Financial Industry Regulatory Authority and the Internal Revenue Service issued statements designed to strongly discourage the use of virtual currencies.