With such a wide range of opinions about how much money employees need to save for retirement – estimates vary from eight to 25 times final pay – it can be hard for participants to know what to aim for.
The U.S. Securities and Exchange Commission recently adopted amendments to the rules that govern money market mutual funds. Two of the changes could affect how you manage your 401(k) plan.
In this time of increased competition, razor thin margins, and the pressure to out-innovate the next guy, companies would do well to look at the power of their company culture as the unique advantage that it is.
It appears that slackers, not hackers, are mostly responsible for the invasion of health care records - and the overly curious (or bored) employees who are the culprits can cost employers millions in HIPPA fines.
Making the choice between TPAs serving as 3(16) fiduciaries or going with retirement planning advice in a 3(21) or 3(38) can help make financial management of a 401(k) plan go more smoothly.
Employees need disability insurance and most employers are offering a group solution. But what can be done to enhance employees’ 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. It’s 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 Act’s 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.