Healthcare

Variable hour and other part-time employee determinations are tough. Here’s how to advise your employer clients on what to do and what not to do.

The Internal Revenue Service has threatened employers with Affordable Care Act penalties of $36,500 per employee, per year, nondeductible. Makes those $2,000 and $3,000 penalties look like small potatoes, right?

After the exchange board moved this week to switch their state-run marketplace to the Feds’ model, brokers were cautiously optimistic about the next step because the last open enrollment experience was a “nightmare” and “fiasco.”

Public sector employers in Oklahoma are one step closer to creating a defined contribution retirement plan for workers with the passage of House Bill 2630, also known as the Retirement Freedom Act. The bill was approved this week by a majority in the state’s House of Representatives.

A recent revenue ruling from the Treasury Department and the IRS eases the administrative burden for 401(k) plan sponsors wanting to accept rollovers from other employers’ plans, but the fiduciary risk posed by inactive accounts still remains.

In follow-up to two broker-friendly bills introduced in late March, a group of five U.S. Democratic senators are asking the agency again for changes that will help ACA-certified agents better enroll consumers.

UBA’s chief executive officer Thomas Mangan has left his position with the industry group to serve as president of employee benefits for the Market Financial Group.

Three of the top five employee-reward issues employers faced in 2008 remain consistent with current challenges, a recent Mercer survey reveals.

The life insurance and annuities market continues to grow, but advisers hoping to capitalize on that will first need to meet the challenges of a diversifying U.S. population.

While certain health and wellness campaigns lend themselves to gender-specific messaging – mammograms or prostate cancer, for example – positioning health and benefits communication to male and female employees differently isn’t commonplace.