Regulation

Although it won’t be disclosed until fall, maximum contribution is expected to increase by $50 and employers should know the change is coming.

Advisers with this client base should take note of this ‘significant challenge’ as salary threshold for exempt employees grows.

An adviser needs to be fully aware of features of the ACA that can “help or hurt” a client, explains Alan Schulman, VP of The Meltzer Group.

A much better consumer experience and an end to fragmentation are coming, says Michael Lujan, co-founder of Limelight Health, who recommends interviewing vendors to become an extension of your agency.

States and large cities can more simply establish their own retirement programs for private-sector workers under new rules, which are aimed at expanding the number of Americans with access to tax-advantaged savings accounts.

The upcoming change to salary requirements to the overtime exemptions under the FLSA has garnered a lot of attention. However, even with a strong emphasis on the changes to the salary requirement, employers should not lose focus on the duties portion of the test.

As letters from the U.S. government arrive at benefits departments, the first responses are often uncertainty and suspicion.

The department also proposed a rule to permit cities to create retirement savings plans

Employers who do not offer group health coverage that is affordable as defined under the ACA risk significant penalties, says attorney Stephanie O. Zorn.

Employers need to keep pace with the latest developments impacting health plans. Mercer shares what to watch out for in the coming months.