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Medicare Part D Changes May Impact Creditable Coverage Status of Employer Plans

The Inflation Reduction Act of 2022 (IRA) includes several cost-reduction provisions affecting Medicare Part D plans, which may impact the creditable coverage status of employer-sponsored...

The Trendiest Benefits for 2024

There’s no denying that employees’ needs have changed over the past few years. As such, employers can offer benefits to meet evolving worker needs shaped...

Improving the Utilization of Employee Assistance Programs

Employee assistance programs (EAPs) are employer-sponsored programs that offer services or referrals to help employees deal with personal problems. These programs can boost employee well-being...

8 Tips for Modernizing Hiring in 2024

As talent acquisition continues to evolve, staying ahead of the curve is crucial for organizations aiming to attract and retain top-tier talent. Last year highlighted...

Supporting Caregivers in the Workplace

In 2023, 38 million people across the U.S. provided unpaid care for their loved ones, according to AARP. Another study fromHarvard Business School estimated that...

ACA Reporting: Most Employers Must File Electronically Beginning in 2024

The Affordable Care Act (ACA) created reporting requirements under Internal Revenue Code (Code) Sections 6055 and 6056. Under these rules, certain employers must provide information...

Mental Health Benefits

More than 1 in 5 Americans have diagnosable mental health conditions at some point in their lives, yet only about half of those individuals receive...

Common Mistakes with 401(k) Plan Loans

IRS section 401(k) plans are the most popular retirement plan in the United States, with over 60 million employees opting to receive coverage. Despite this...

7 Key Employee Benefits Trends in 2024

Attracting and retaining employees has challenged employers since the onset of the COVID-19 pandemic and as employee benefits trends evolve. In 2024, the labor market...

Choosing the Right Wellness Program

According to a RAND survey, approximately half of U.S. employers with 50 or more employees sponsor some type of workplace wellness program. As the issues...