For Majority of Professionals, Work Gets in the Way of Good Health
A recent survey finds more professionals are struggling with work-life balance, and are having a difficult time taking care of their overall health.
Tag: benefits
State-Law Privacy Lawsuit Preempted by ERISA, Court Rules
A disability plan participant’s state-law privacy lawsuit against the plan’s claims administrator was dismissed by a federal district court, which found it was preempted by the Employee Retirement Income Security Act (ERISA).
New Federal Budget Relaxes Hardship Withdrawals for Retirement Plan Participants
The Bipartisan Budget Act of 2018 passed by Congress on February 8 and signed the next day by President Trump didn’t change retirement savings taxation or contribution limits, but it did bring good news for some plan activities.
Finally, an Answer to Your Employee Benefits Package Woes
Employee well-being and wellness programs are more than just trendy buzzwords. In fact, many employers are integrating wellness into their culture and seeing great results. No matter the size of your budget, wellness programs are possible for all businesses—big and small.
Trump’s New Tax Law Contains Important Implications for Employers
On December 22, 2017, President Donald Trump signed the highly touted Tax Cuts and Jobs Act (TCJA) into law. Among other things, the TCJA is intended to reduce tax rates for businesses and individuals and simplify income tax preparation by increasing the standard deduction and family tax credits, reducing the alternative minimum tax for individuals, […]
Today’s Generation is Changing Employee Benefit Packages of the Future
I try not to use the “Millennial” label. It feels wrong to generalize about groups that include millions of people and I can’t help but detect some age discrimination, even if subtle or unintentional, in pronouncements about behavioral differences in various age groups. Evolution took hundreds of thousands of years; I don’t think we’ve drastically […]
Is Your Business Too Family Friendly?
The neighborhood mom and pop shop is an American tradition. But what happens when mom and pop expand beyond their original storefront, and employ others, in addition to family members?
Tax-Reform Changes Lead Some Employers to Raise 401(K) Matches
A handful of large U.S. corporations announced they are raising the employer match for their 401(k) retirement plans or are making other changes in their benefit plans in the first month after a tax reform law was signed by President Trump. And nearly half of companies surveyed said they are considering taking such an action […]
Repeated Breaches Result in $3.5M HIPAA Settlement
A major renal care provider agreed to $3.5 million to resolve Health Insurance Portability and Accountability Act (HIPAA) privacy and security allegations arising from a series of data breaches at five different facilities over a 5-month span in 2012.
Are Unpaid Internships Now Acceptable?
The U.S. Department of Labor (DOL) recently updated its internship fact sheet, in effect changing the guidelines for internships. The move has prompted many employers to wonder: Do we still have to pay interns?