March HR Brief 2019

Workplace Wellness is About More Than Just Physical Health Cultivating a culture of wellness at organizations is a common trend for employers across the country. In fact, according to the Employer Health Benefits 2018 Annual Survey, 82 percent of large firms and 53 percent of small firms offer some sort of wellness program.

March Benefits Buzz 2019

Proposed Notice of Benefit and Payment Parameters for 2020 Recently, the Department of Health and Human Services (HHS) published its proposed Notice of Benefit and Payment Parameters for This proposed rule describes benefit and payment parameters under the Affordable Care Act (ACA) that would be applicable for the 2020 benefit year. Proposed standards included in…

News Brief

The State of the Union Address and the Employee Benefits Market On Tuesday, Feb. 5, 2019, President Donald Trump delivered the 2019 State of the Union Address (SOTU). The SOTU is an annual message delivered by the president to a joint session of Congress at the beginning of each year. At this year’s SOTU, President…

HR Brief February 2019

Retaining Talent: Are Your Leaders the Problem? It’s no secret that bad bosses can send employees running, but what’s considered “bad” these days? To many businesses, it means being unempathetic. Empathy is recognizing emotions in yourself and others, and using that understanding to influence your actions. Lately, companies are seeking leaders who exhibit high emotional…

Benefits Buzz February 2019

It’s That Time of the Year Again for ACA Reporting The Affordable Care Act (ACA) created reporting rules under Code Sections 6055 and 6056 that require certain employers to provide information to the IRS about the health plan coverage they offer (or do not offer) or provide to their employees. Each reporting entity must annually…

January Benefits Buzz

The IRS is Beginning 2016 Pay or Play Enforcement: Here’s What You Need to Know In late 2018, the IRS began issuing enforcement letters related to employers’ compliance with the employer shared responsibility rules under the Affordable Care Act (ACA) for the 2016 calendar year. These letters, known as Letter 226-J, inform employers of their…

January HR Brief

2019 Plan Limits: Everything You Must Know If you offer high deductible health plans (HDHPs), health savings accounts (HSAs), flexible spending accounts (FSAs) or 401(k) plans, your plans are subject to inflation-adjusted dollar limits.

Financial Wellness

Top 10 ways to save for retirement 1. Know Your Retirement Needs: Retirement is expensive. Experts estimate that you’ll need about 70 percent of your pre-retirement income (90 percent or more for lower earners) to maintain your standard of living when you stop working. 2. Find Out About Your Social Security Benefits: Social Security pays…