Open enrollment communications are pivotal to a successful open enrollment process. Good communications are also a strategic opportunity to boost FICA savings for your company. Most companies do a one-time information blast to their employees about their options, resulting in…
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In today's dynamic business landscape, small business retirement plans are more than just an add-on; they are an investment in the future well-being of your employees and your business. Additionally, small business retirement plans are increasing in popularity due to…
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Retirement plans are highly regulated, and organizations must consider a multitude of variables when it comes to choosing a 401k plan administrator. Choosing the right partner is essential to the success of a company’s retirement plan and can help your…
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Some employees may be able to eliminate more taxes next year and save more money because the IRS has announced new increased contribution limits to Flexible Spending Accounts (FSA), Health Savings Accounts (HSA), commuter benefits, and more for 2024. The…
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Many employers are using total compensation statements, also known as employee benefit statements, to help employees understand the value of their pay and benefits package. An effective total compensation statement increases employee retention, promotes company culture, and increases job satisfaction.…
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The White House announced its plan to end both the national and the public health emergencies on May 11, 2023, which will affect health and welfare extended COVID-19 deadlines. In early 2020, President Trump declared a public health and a…
Read More About Health and Welfare COVID-19 Extended Deadlines to End Soon
On June 24, 2022, the U.S. Supreme Court upheld Mississippi’s restrictions on abortion, a ruling that may lead employers to revise their employee health care benefits to include medical travel benefits. The SCOTUS decision overturns Dobbs v. Jackson Women’s Health Organization,…
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The EBSA Disaster Relief Notice and the American Rescue Plan Act (ARPA) brought 100% COBRA subsidies, an increase in the Dependent Care FSA maximum from $5,000 to $10,500, and a new timeline for benefit extensions. On February 26, 2021,…
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