House Passes SECURE Act 2.0

There will be fundamental changes to retirement legislation if the Senate passes the SECURE Act 2.0, which the House of Representatives overwhelmingly passed by a vote of 414 to 5 in March.

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How to Fight the Employee Exodus

Officially, the COVID-19 pandemic may have started two years ago, but its side effects are still wreaking havoc in the workplace. According to the Bureau of Labor Statistics, more than 38 million workers quit their jobs in 2021. With employee resignations rising to record numbers, employers are looking for ways to curb the exodus. First,…

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No Surprises Act Fails to Remove All Surprises

A new document designed to clarify the No Surprises Act regulations addresses some medical billing issues but leaves other important guidance to be determined later. The No Surprises Act (NSA) is a part of the Consolidated Appropriations Act of 2021 (CAA). It provides federal protections to patients who get bills for receiving care out of…

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Pre-Tax Flexible Benefits – The Pros and Cons of Cafeteria Plans

A cafeteria plan, also known as a Section 125 plan, is a way for employers to provide multiple benefits while lowering taxes for themselves and their employees. While more choice is always welcome, there are some drawbacks to cafeteria plans. Here’s what you should know if you’re considering offering this benefit. Background A cafeteria plan…

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How the Pandemic Is Making Employer- Sponsored Life Insurance More Attractive

COVID-19 has driven up mortality rates, so it’s no surprise that life insurance companies are taking note. Currently, they are reevaluating their requirements for offering coverage, making it harder to get coverage — especially if someone has COVID-19. There are two ways to buy insurance, as an individual and in a group. While individual policies…

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