Benefits Think

All three entities have a long-term profit focus, which makes them incentivized to tackle drug price transparency, behavior incentives, technology improvements and more.

HR professionals must embrace technology in their learning and development initiatives so that unique worker needs can be met.

Employers will be relying on brokers to know the ins and outs of each benefit account as they take a larger role in their employees’ health benefit plans.

Plan sponsors should end automatic cash-outs, offer roll-ins as part of a financial wellness program and engage all participants on crucial decision-making.

Collective Investment Trusts can have cost-saving advantages, are increasingly accessible and provide a long-term investment perspective.

Brokers must move away from typical carrier negotiations and bring real cost-saving strategies to clients.

HR professionals must embrace technology in their learning and development initiatives so that unique worker needs can be met.

Build an education program, perform an objective review of investments and benchmark features are a few of the activities advisers should encourage now.

Using lowest-cost share classes, performing an annual investment fund review and distributing required fee notices are among best practices.

Form 1094 and 1095 series returns for 2017, due in the early months of 2018, are not included in tax filing and penalty relief that the IRS has extended to individuals.