The Coronavirus, Aid, Relief, and Economic Security (CARES) Act was signed into law last week to help boost the economy with funds available for individuals and businesses. The CARES Act also includes several provisions regarding qualified retirement plans such as...
According to the Centers for Disease Control and Prevention, more than half the people in the United States will be diagnosed with a mental illness at some point in their lives, and one in five Americans will experience a mental illness in a given year. It’s therefore...
Many employee benefits are subject to annual dollar limits that are periodically increased for inflation. The Internal Revenue Service (IRS) recently announced cost-of-living adjustments to the annual dollar limits for various welfare and retirement plan limits for...
A new final rule lets all employers help pay for employees’ individual health plans by offering health reimbursement arrangements (HRAs) to cover their workers’ policy premiums, if certain conditions are met. Currently, many employers are prohibited from...
Employees are the heart of every company. They are entrusted with paving the way for the company’s future through their day-to-day operations. But who is setting up the employees for success? That’s where you, the HR professional, come in. You are the sentry for...