Employee benefits

Requirements can be difficult to follow, but mistakes can cost a broker and their client big money in fines, penalties, civil lawsuits, audits and more, says Word & Brown’s Marc McGinnis.

By identifying and then treating issues that are hindering a variety of savings goals, advisers can help clients feel more secure in purchasing a new home, funding college education, acquiring emergency funds and more.

Employers need to understand demographics, select a strategic partner and offer HSAs, FSAs and wellness programs.

Those who left the workforce can open HSAs, which offer tax breaks on contributions and qualified distributions, and tax-free growth on investments.

Younger employees will put more weight on workplace flexibility than healthcare benefits, and leverage technology in different ways than previous workers, says Randstad chief human resources officer Jim Link.

At least 60% of employees suffer from illnesses such as depression, anxiety and stress at work, and employers are losing almost $225.8 billion each year as a result.

Employers need to make sure they are using the new summary of benefits and coverage template and comply with reporting requirements, benefits attorneys warn.

Younger employees will put more weight on workplace flexibility than healthcare benefits, and leverage technology in different ways than previous workers, says Randstad chief human resources officer Jim Link.

How to overcome five common barriers to purchase, such as cost miscalculations and demographic needs for the product.

Employers need to understand demographics, select a strategic partner and offer HSAs, FSAs and wellness programs.

Employers can use technology to allow workers to pick and choose savings account options and to see the value of their savings.

Retirees can consider a Roth IRA if they want to leave assets that would not be taxed once inherited.

The technology company recently announced a partnership with benefits consulting firm Willis Towers Watson to expand its reach.

Rolling back ACA taxes, improving HSAs and modifying the definition of full-time work are among the biggest legislative priorities for organizations this fall.

More states such as New York are implementing their own mandated regulations for businesses, but some employers may want to plan ahead before it becomes mandatory.

Torchlight service helps advisers build client conduit to EAPs or behavioral health providers.

The IRS is relaxing some rules to make pulling money from retirement plans easier after hurricanes Irma and Harvey, but clients should remember the taxes and penalties associated with withdrawals are unchanged,

Three ways advisers can effectively communicate to employers the perks of beefing up a benefit package.

Employers can use technology to allow workers to pick and choose savings account options and to see the value of their savings.

Google Inc. was accused in a class-action lawsuit of systematically paying male employees more than their female counterparts, adding the internet giant to a growing list of technology companies sued for gender discrimination.