Research + Insights
We are keeping score and staying ahead of the industry.
We don’t mean to scare you, but the government is making a push to protect American workers and their retirement savings. That means new rules and stricter enforcement. If you think you’re immune, insured, or otherwise protected, just remember: Many of the plan sponsors in the crosshairs had no idea they were breaking the rules.
New rules for catch-up contributions.
The IRS just finalized new rules under the SECURE 2.0 Act, and they’re going to matter for both employers and employees when it comes to retirement savings. Starting in 2027, catch-up contributions will be made as Roth.
Offering retiree benefits? Here’s what employers should know.
Some employers extend benefits to retirees. Over time, these benefits may be tweaked to accommodate budgets, eligibility changes, or plan redesign. A recent Supreme Court decision has provided more clarity on how far employers can go when adjusting their retiree benefits.
The “Insurance Cliff” at 26: Why employers need to step up.
Young adults turning 26 are focused on making big life moves. But, for some, it’s also when they lose access to health insurance and this “insurance cliff” can mean expensive or confusing choices. But employers can make a difference. Better benefit programs may prevent them from falling through the cracks.
Employers should pay retirement plan fees (then everyone wins)
Employers should pay retirement plan fees instead of deducting them from employee accounts. Not only is this a win for your employees, but it’s a strategic move that benefits you as an employer, too.
AI has its foot on the gas pedal, and it’s changing how employee benefit plans are managed.
Artificial intelligence is not just for tech headlines. It’s transforming many business practices, and employee benefit plan administration is no exception. AI has caught the eye of state lawmakers, regulators, and ERISA litigators, reshaping plans and fiduciary oversight.
Large employers are redefining the future of health benefits
America’s largest employers are leading a shift in how health benefits are designed. They have an enormous influence in re-shaping the market, as these trends will be adopted by small and medium-sized companies. There are several key drivers forcing employers to pay attention.
The real cost of healthcare isn’t your spend.
If you are like most businesses, you look at the health benefits you offer and worry about overspend. But spend isn’t your biggest problem. Instead ask yourself … do you know what health benefits your employees are using or if they even understand what’s available?
The spend is just one small piece.
Employers are learning – Better benefits can be better business.
According to a recent survey from Lincoln Financial, small businesses are looking for better ways to compete for top talent without breaking the bank. Better benefits, which include alternative benefits, are shaping up to be an obvious solution.
The Supreme Court stood with employees in a major ERISA case against Cornell University
The Supreme Court resolved a long-running class action lawsuit brought by over 28,000 Cornell University employees, deciding in favor of the plaintiffs. This means a big shift in how Employee Retirement Income Security Act of 1974 (ERISA) cases will proceed in the future.
What’s wrong with healthcare in America?
RFJ Jr’s confirmation hearing has Capitol Hill asking the same questions Americans have been pondering for years: What’s wrong with healthcare in America?