Wellness

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.

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.

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.

Employers need to understand demographics, select a strategic partner and offer HSAs, FSAs and wellness programs.

Those who left the workforce can open HSAs, which offer tax breaks on contributions and qualified distributions, and tax-free growth on investments.

They need to act by Sept. 30 to use a fast-track procedure that prevents Democrats from blocking it, but the deadline doesn’t leave enough time to get a full analysis of the bill’s effects from the Congressional Budget Office.

At least 60% of employees suffer from illnesses such as depression, anxiety and stress at work, and employers are losing almost $225.8 billion each year as a result.

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