Benefits, with Purpose!

HSAs are often a misunderstood benefit by employees, especially when it comes to how these accounts can help save for retirement. Our experts discuss the reality of health care costs in retirement, and how an HSA in addition to a 401(k) can be a highly effective strategy in planning for the future.

This second episode on COBRA subsidies focuses on Department of Labor guidance and model notices. Our experts review administration challenges and compliance strategies for implementing the subsidies and coordinating subsidies with the one-year extensions under previous emergency rules.

On March 11, 2021 President Biden signed the latest COVID-19 relief bill which includes a 100% COBRA subsidy for those who lost coverage due to involuntary termination or reduction in hours. Our experts unpack the many questions that come along with this update and the administrative challenges for employers in implementing these subsidies.

Co-fiduciary arrangements within defined benefit pension plan administration has become an increasing trend for employers. Why? Our experts explain how outsourcing these responsibilities and liabilities to a third-party brings significant value, providing risk mitigation, enhanced compliance results, and more.

Health care accounts such as HSAs and FSAs bring value to employees if the correct actions are taken. Our experts discuss the importance of plan year deadlines and how employers can help employees navigate this important time.

An interpretation of the many legislative changes impacting medical benefits accounts (CARES, HEALS and HEROS Acts) and what employers need to know.

With so many benefit decisions to make, the right technology can help employers meet their employees individual needs at the time in their lives when they need guidance. Does the human factor still play a part?