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Demand has soared for mental health services as bank employees put in long hours, supervise kids while working at home and endure personal crises. Citi, BofA, Fifth Third and others are getting creative to help them decompress during the pandemic.

If Democrats win in November, single-payer healthcare could still be on the agenda. Its adoption would shake up the benefits industry.

Leave-sharing programs make sense for employers seeking tax-efficient opportunities to financially assist employees impacted by the pandemic.

Right now, access to affordable credit is crucial for many, as 1 in 5 American households has lost income due to the pandemic, and unemployment offices are overwhelmed with claims.

As many traditional benefits including gym memberships and commuter stipends are no longer available to employees, companies need to change their benefit offerings as well.

The Department of Labor issued a new rule that allows companies to distribute retirement benefit information electronically.

Since efforts to the contain COVID-19 pandemic rapidly shut down the U.S. economy in mid-March, about 38.6 million initial unemployment insurance claims have been filed under state programs.

Employees who are concerned they might expose an at-risk member of their household can sign and submit a document to take leave until May 31.

The lack of seamless plan-to-plan asset portability prevents participants from easily moving and consolidating their 401(k) savings, leaving them open to the temptation to prematurely cash out their 401(k) accounts from prior employers’ plans.

Companies who had already adapted to a culture of digital innovation technology have proven more successful during this sudden and dramatic shift.