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Most 401(k) Plan Participants Will Invest in TDFs by 2017, Vanguard Says

Target-date funds’ popularity over the last 10 years has soared, among both plan sponsors and participants, so odds are your plan offers these as an investment option. Their wide acceptance after being designated an eligible qualified default investment alternative for automatically enrolled new participants seems likely to guarantee their ultimate presence in most plans. A […]

Billions Spotlights Boomerang Employee Trend

Even with the seemingly endless amount of TV shows to watch, finding a series to view with one’s significant other can sometimes prove a difficult task for a couple. After watching eight seasons of The Office together, it was challenging for me and my wife to find a show that fell somewhere in between Real Housewives of Orange […]

Learning from Orlando: addressing potentially violent employees

In the nine days since Omar Mateen opened fire in the Pulse nightclub, killing 49 individuals and injuring several others, a report surfaced that Mateen’s violent nature and potential to do harm to others was readily apparent to at least one of his co-workers. According to the Los Angeles Times, Daniel Gilroy, who worked with Mateen for about a year as […]

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Drug testing does not always violate fundamental rights

by Marie-Gabrielle Bélanger In Canada, the criteria for allowing random drug or alcohol testing in the workplace are very limited because these tests are regarded by our courts as an invasion of an employee’s privacy. But what about requiring targeted testing of an employee suffering from an addiction?

DOL to address overtime rules by June 30

A federal court of appeals has granted the U.S. Department of Labor (DOL) its third extension in defending a lawsuit challenging new Fair Labor Standards Act (FLSA) overtime regulations. A lower court temporarily enjoined the rules last year, and the Obama administration appealed that order. Now the Trump administration must decide whether to continue with […]

Special Foods? Hearing Aid Repairs? Now They’re Deductible

If a plan participant needs a special diet that costs more than an ordinary, everyday diet, or had to have a hearing aid repaired, he or she can deduct those expenses. Specially Prepared Foods In Information Letter 2011-0035, the IRS said that if an individual consumes a special diet for medical reasons, the amount by […]