Category: Employee Retirement Plans

  • Supporting Employee Financial Resilience through Emergency Savings

    Financial emergencies, whether unexpected medical bills, job loss, or even day-to-day expenses like groceries or gas becoming unaffordable, can significantly impact an employee's financial stability and long-term savings goals. The importance of having accessible emergency savings has never been more apparent, especially as recent world eventsโ€”from the pandemic to inflationโ€”have brought to light the challenges [...]

  • Achieving Mental Health Parity Compliance: A Strategic Approach

    The landscape of group health plan administration is evolving, particularly in the realm of mental health parity. The issuance of new federal guidance in July 2023 by the Departments of Labor, Treasury, and Health and Human Services marks a significant step towards enhancing the clarity and enforcement of mental health and substance use disorder benefit [...]

  • Enhancing Competitive Edge and Employee Well-being

    As a small-business owner navigating the post-pandemic labor market, you're tasked with making decisions that significantly impact your business's growth and sustainability. One pivotal choice in todayโ€™s environment is whether to offer a retirement savings benefit as part of your comprehensive employee benefits package. Here's why this decision is crucial: In the competitive landscape for [...]

  • Enhancing HIPAA Compliance: Proactive Measures for Health Plans Amid Increasing Data Breaches

    The spotlight on HIPAA compliance for health plans has intensified significantly, primarily due to the surge in data breaches exposing the vulnerabilities of health plan data. The Office for Civil Rights (OCR) mandates immediate breach reporting, providing it with an instantaneous insight into the security measuresโ€”or the lack thereofโ€”within health plans. Such breaches not only [...]

  • Elevating Employee Benefits: A Strategy for Engaging Young Talent

    In today's evolving workplace, employees are looking beyond the paycheck, seeking benefits that cater to their financial, emotional, and physical well-being. This shift is especially pronounced among younger workers, who believe that employers play a crucial role in supporting their overall wellness. Despite employers recognizing the importance of meeting these expectations, a significant gap persists [...]

  • 2025 Small Business Retirement Plans: Best Essential Guide

    In 2023, employee retirement plans faced market volatility and regulatory changes, benefiting from tech integration and a focus on ESG investing.