Banco Popular de Puerto Rico

Having an account manager dedicated to the success of your company’s employees is an important part of any program.

Many plan sponsors and participants don’t trust the federal government to keep its vow to allow tax-free distribution of Roth 401(k) balances. But taxing balances would not produce enough revenue, so the government is unlikely to go that route.

Why legal experts say the recent SCOTUS decision on state healthcare database laws relieves plan sponsors from burdensome reporting requirements.

But don’t expect any of the presidential candidates to advocate these changes. More knowledgeable stakeholders like advisers are going to have to take a run at this.

Some organizations are deploying a strategy that reduces their HSA contributions in favor of employer-funded indemnity products, such as accident and critical illness insurance.

Putting the sales process in perspective and getting these steps right will improve your business, says Wendy Keneipp.

Brokers can help employers equip themselves with best practices to manage FMLA administration, employee productivity at work.

Automatic rollovers are better than cash-outs for cleaning up small 401(k) accounts, but the ideal long-term solution is for sponsors to enable seamless, automatic plan-to-plan portability.

Presidential candidates are unlikely to advocate for any of these changes so it’s up to employers and their advisers to take a run at them.

When hiring a benefits broker or adviser, check if they’ve completed programs such as the Certified Employee Benefits Specialist offered by the International Foundation of Employee Benefit Plans.