Only 11 percent of employers take advantage of Roth 401(k) options. Why this is a missed opportunity for employees to maximize their retirement income. A Roth 401(k) can be a great way for employees to save for retirement, but few employees take...

How to improve life insurance benefits for employees. According to the U.S. Bureau of Labor Statistics, 60 percent of non-government employees have access to employer-provided life insurance, and 98 percent of employees who have access to plans...

What We’ve Learned About Keeping Essential Businesses Operating During a Pandemic Coronavirus COVID-19 has scared everyone and changed the way businesses operate — including sick leave policies. The coronavirus, and COVID-19, the disease caused...

If you offer your employees health benefit coverage, your substance abuse and mental health benefits should be comparable to the other medical benefits in your plan. The Mental Health Parity and Addiction Equity Act (Parity Act) of 2008 is a federal...

To help avoid an audit, or to be prepared in case an audit is ordered, it’s best to conduct a self audit. The Consolidated Omnibus Budget Reconciliation Act (COBRA) offers employees who lose health coverage due to certain life events an opportunity...

Here’s a review of the changes that affect small employers and some large ones. ERISA became law in 1974 and is intended to safeguard participants’ pension and welfare benefits. With the passage of the Affordable Care Act in 2010, more...

Here’s a review of the changes that affect small employers and some large ones. Most of the provisions of the new Setting Every Community Up For Retirement Enhancement Act (SECURE) went into effect Jan. 1, 2020. Part of a federal government...

Does your health benefit plan have a pharmacy benefit manager (PBM)? If so, it’s important you understand how a PBM affects your and your employees’ access to prescription drugs, as well as controlling your out-of-pocket costs. PBMs...

As telecommuting continues to gain popularity with it comes a new set of compliance challenges for businesses. Telecommuting occurs when employees do some or all of their work away from the company’s main office. Computers, laptops and cell...

Background checks allow employers to get a clearer picture of an applicant’s job and personal history. So, what happens if you find out that the applicant has a criminal background or has been convicted of drug use? Denying an applicant a...