Finance News & Insights

New overtime rules coming up fast: Your best ways to prepare now

Get ready: Your company will soon be working with a new salary threshold for overtime eligibility. [Read more…]

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Feds delay upcoming 401(k) fee deadline

Good news: Employers have been granted another compliance delay. This one involves 401(k) fee disclosures and comes courtesy of the Department of Labor (DOL). [Read more…]

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What firms can learn from Walmart’s $5 million OT settlement

The world’s largest employer is no stranger to run-ins with the government over its employment practices, but the DOL came down especially hard on the retail giant recently. [Read more…]

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Feds look more closely at firms that handle employers’ 401(k)s

You and your peers aren’t the only ones who are under increased scrutiny when it comes to managing retirement plans. [Read more…]

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Firm on the hook for massive amounts of unpaid overtime

It’s one thing to mistakenly fail to pay workers for an hour or two of overtime they put in, but when employees put in almost 80 hours each week without any overtime, its bound to set off some red flags. [Read more…]

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2 more states team up with Department of Labor

The DOL just enlisted the help of two more states to help it root out employee misclassification. Will your state be the next one to join the growing list? [Read more…]

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Feds say no deadline extension for 401(k) regs

If you thought the Department of Labor (DOL) would be swayed by recent requests to push back the deadline for compliance with the 401(k) fee disclosure regs, you’re not going to like this one bit. [Read more…]

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New rules aim to shield small biz from healthcare fraud

Small organizations will want to keep a close eye on what happens with this recent proposal by the Department of Labor (DOL). [Read more…]

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Execs ordered to repay more than $600K to retirement plan

Here are two hospital executives who found themselves facing harsh penalties after a Department of Labor (DOL) investigation uncovered some very serious retirement-plan violations. [Read more…]

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Misclassification errors could cost cable company $1.6M

Here’s yet another example of just how serious the feds are about taking action against companies it believes incorrectly classified full-time employees as independent contractors (ICs). [Read more…]

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