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Today an aide to House Majority Leader Eric Cantor (R-Va.) announced that the House will vote Jan. 12 to repeal the Patient Protection and Affordable Care Act, the Wall Street Journal reports. The vote is just the first step toward draining the lifeblood from the law through legal, appropriations and other maneuvers Republicans have at their disposal.
More evidence that automatic enrollment succeeds in raising participation rates comes in a new study on South Dakota's Supplemental Retirement Plan.
The Daily Diversion will be on a publishing hiatus for the remainder of the year. We'll be back up and running on Monday, Jan. 3, 2011.
Employers are clearly more optimistic about the economy, for another 40% that had suspended 401(k) contributions will resume them by mid 2011, doubling the 40% that already have resumed suspended or reduced matches, reports the Profit Sharing/401(k) Council of America.
With the 112th Congress preparing to spar with the Obama Administration over health reform, EBN has compiled a list of the 12 most influential players within the Beltway.
Data show that employees are increasingly calling in sick when they aren't truly sick, and such unplanned absences cost employers a 19% net loss in productivity. Some companies are using aggressive surveillance methods to catch employees that are leave cheaters.
U.S. District Court Judge Henry E. Hudson ruled on Monday afternoon that the individual mandate a central component of the Patient Protection and Affordable Care Act is unconstitutional, finding that Congress is not empowered to order individuals to purchase health insurance.
A recent Mercer survey shows that employees are pretty disinterested in Roth rollover options and thus, so are employers.
Contributions to 401(k) plans increased in the last year, Principal Financial found in a survey of 1,159 employees and 529 retirees in October.
Putting a new spin on making house calls, Stat Doctors is a medical e-visit service that uses secure single sign-on, electronic health records, e-prescribing and video conferencing to give patients with 24-7 access to emergency physicians to address common, minor medical issues.
Following up on Department of Labor's recently released ERISA Section 408(b)(2) interim final regulation on fee disclosures by 401(k) service providers, DOL now is seeking disclosures on target-date funds offered in 401(k) plans, EBN sister title Money Management Executive reports.
The average 401(k) participant needs to work until age 73 to be able to afford retirement, according to an analysis of 10,000 accounts by employee benefits consulting firm Nyhart.
Travel accident insurance is seen as an inexpensive and valuable employee benefit tool for recruiting and retaining managers and executives who travel within the U.S. or abroad particularly in a climate marked by international terrorism.
According to the National Retail Federation, Americans are estimated to spend an average of $688.87 each on holiday-related shopping. As a merry and bright holiday reminder about the importance of sound financial planning, I give you the work of Ilene Davis, financial planning expert and poet. Tuck it into employees' mailboxes or with their holiday ham to remind them that $688.87 goes a long way with compound interest.
According to a recent survey by Workplace Options, 51% of nursing mothers say workplace lactation does not make them feel personally uncomfortable or embarrassed, and 90% of respondents say working with someone who pumps or nurses at work does not make them feel uncomfortable. So, then why are employer supports so lacking?
The formula employers use for their matching contributions in their 401(k) plans serves as a strong cue to workers for how much to contribute, analysis by The Principal finds.
It appears, according to recent survey data, that self-directed brokerage accounts are being rediscovered by a whole new generation of 401(k) participants.
Although a good number of employers now offer domestic partner benefits, a smaller slice provide tax equity to domestic partners regarding those benefits. According to Todd Solomon, a partner in the employee benefits practice at McDermott Will & Emery, there recently has been a great deal of public attention about the tax inequities of domestic partner benefits, particularly regarding a practice known as grossing-up.
Skip the Christmas cookies; employees want cash, according to an annual survey from Randstad. According to the survey, 93% of workers would rather receive a bonus than have a holiday party this year.
As you carve your Thanksgiving turkey tomorrow and brave the mall in search of Black Friday deals the day after, be sure to give thanks to your employer for the four-day weekend. According to annual survey results from BNA, not all employees are so lucky.