1.5 minute read
For the 10th year in a row, child care costs have risen, according to the Cost of Care Report. Of 3,000 parents surveyed, 67% are spending 20% of their annual income or more on child...
3.5 minute read
Employers should be providing certain benefit notices to their employees at open enrollment time. This includes the summary of benefits and coverage (SBC). Other notices must be...
3 minute read
The first part of 2023 was a roller coaster ride for employers, with a record number of employees quitting, a rise in talent shortages, and increased workplace demands from employees....
3 minute read
Many employees need help with open enrollment, but this can especially be true with younger workers. They typically have less experience choosing benefits than their older workforce...
1.5 minute read
A recent report shows that workforce changes impacting organizations in 2023. It showcases a shift in employer practices, with a decrease in job openings and offers, and a heightened...
1.5 minute read
Fewer employees understand how their health care plans work this year than last year, according to the 2023 Healthcare Literacy Report. This confidence is directly linked to overall...
1.5 minute read
The Biden administration released a beta website for its new student debt loan repayment plan, the Saving on a Valuable Education (SAVE). Eligible borrowers can submit their...
1 minute read
The IRS released updated penalty amounts for those who don’t comply with the Affordable Care Act’s requirements under Internal Revenue Code Sections 6055 and 6066. The increased amounts...
.5 minute read
The U.S. Citizenship and Immigration Services (USCIS) published a new version of its I-9 form, also known as the Employment Verification form. This form is to be exclusively used...
1 minute read
For plan years beginning on or after January 1, 2024, employers should be aware of legal changes affecting the design and administration of their plans. It’s important to communicate...
