News Feed

Employers can stay on the right side of regulators by complying with laws and regulations governing employee benefits. As the regulatory landscape changes, plan sponsors and administrators who keep pace with new requirements and filings prevent errors and problems down the road. CliftonLarsonAllen LLP offers these Top 10 Employee Benefits Compliance and Reporting Concerns as a tool or aid for keeping plan administration on the straight and narrow.

Plan participants choose to insure their beautiful legs, the threat of paranormal encounters or even their perfectly coiffed mustache. Amy Bell of WritePunch Inc. shares five of the weirdest insurance policies, ranging from interesting to shocking to downright bizarre.

Employers pay people to meet sales goals, hit productivity targets, put in overtime. It works. By that logic, paying people cash incentives to lose weight or engage in other healthy behaviors also should “work”. But it doesn’t. Or at least, not in the long run.

On January 3, 2012, the Internal Revenue Service issued Revenue Procedure 2012‑6, which formally changes and eliminates certain features of its determination letter program for qualified retirement plans. According to an earlier announcement of these changes (in IRS Announcement 2011-82), the IRS concluded that the features being eliminated are “of limited utility to plan sponsors in comparison with the burdens they impose.” However, the changes will significantly restrict the determination letter service on which plan…

As the economy continues to falter, employers have become increasingly reticent about their employees' ability to successfully save for retirement, according to a new survey by Aon Hewitt. In response, employers are creating solutions to help rethink their retirement benefits plan strategies and assist their employees in better preparing for retirement.

Baby boomers appear to be taking a second look at their life insurance policies as an alternative financial solution to paying for retirement, where they sell an unneeded life insurance policy for a portion of the face amount. These transactions, known as life settlements, have become a mainstream practice in the past several years, particularly as baby boomers begin exploring all financial options to paying for retirement, including previously unconventional alternatives.

Device manufacturers are pushing the government and health insurers to cover weight-loss surgery, an effort that could give millions more obese Americans access to the treatments.

Something is costing your health plan a whole lot of money, and it's largely due to uninformed choice: early induced deliveries.

On the last day of the National Association of Health Underwriters’ 2012 Capitol Conference hundreds of attendees received exciting industry news that made the ballroom erupt with a roar of applause and cheers.

Do you have an action plan for complying with the Wage Theft Protection Act by February 1? Read in today’s BeAdvised as EBA contributor Ken Moyle shares three areas New York employers must comply with under the WTPA.