Healthcare

Most brokers see themselves contending with ben admin platform vendors and outsourcers for business.

As the labor market tightens, annual frontline rates have soared over 100%, costing business leaders more than $10 billion per year.

Employers need to make sure they are using the new summary of benefits and coverage template and comply with reporting requirements, benefits attorneys warn.

With a number of ways employers can make a mistake, one expert reviews everything from employee misclassification to overtime calculation errors that can help avoid wage and hour problems.

The digital marketing firm implemented the benefit earlier this year after employees complained education debts were stopping them from contributing to their 401(k).

The financial giant tries to ease new parents’ concerns by providing guidance on its leave program and working with managers to help them understand the challenges those workers face in their new roles.

The cost of buying health coverage at work has increased faster than wages and inflation for years, pressuring household budgets.

Retirees can open health savings accounts, which offer tax breaks on contributions and qualified distributions, and tax-free growth on investments.

Requirements can be difficult to follow, but mistakes can cost a broker and their client big money in fines, penalties, civil lawsuits, audits and more, says Word & Brown’s Marc McGinnis.

By identifying and then treating issues that are hindering a variety of savings goals, advisers can help clients feel more secure in purchasing a new home, funding college education, acquiring emergency funds and more.