Beware this one downside to automatic escalation
There’s no shortage of benefits from adding an automatic enrollment feature to your 401(k). But be aware of this one pitfall.
Employee Contribution
Do stop-loss policies qualify as assets? The DOL weighs in
When employers go the self-insurance route, many also purchase stop-loss insurance to protect themselves from staggering health claims. So do stop-loss policies count as plan assets?
Finally, some good news: Employers contributing to 401(k)s again
A sign of recovery is here: 401(k) programs are now returning to their pre-crisis levels, thanks to an increase in company matching.
Major Obamacare deadline sneaking up on us — do you have a plan yet?
We’re almost halfway through 2015 … has your company been keeping track of employee healthcare expenses?
New federal payroll tax holiday a go, confirms IRS in new notice
Mere days before the new payroll tax holiday was set to kick in, IRS finally weighed in. IRS Notice 2020-65 gives employers their marching orders … well, sort of. You’re responsible for collecting – and ultimately paying back – any deferred payroll taxes established by President Trump in a presidential memorandum. Unfortunately, the notice came […]
The 401(k) facelift: Has your plan made these tweaks?
It’s no longer about simply getting workers to enroll in the company’s 401(k) plan. These days, an increasing number of firms are altering plan options to help workers ramp up contribution levels.
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