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Tell the IRS What You Think of Changes Affecting LTC Insurance

Do you offer long-term care (LTC) insurance to your employees? If so, and the changes the Pension Protection Act of 2006 (PPA) made to the tax and information reporting requirements affecting some LTC coverage apply, you can offer your two cents’ worth to the IRS. The PPA amended the tax rules for qualified LTC insurance, […]

Small Favors

Thank goodness for small favors!  With The Office on summer break, we didn’t have to face Thursday night with trepidation, fearing that Michael would, in his affable way, fling impertinent comments about the Iranian election crisis around for all to hear. We are probably not the only ones breathing a sigh of relief either. After […]

EBSA: Deficient Work Tied to Auditors’ Size, Experience

Hiring an auditor with limited experience auditing benefit plans, or experience auditing only small plans … may cost plan sponsors. That conclusion can be drawn from a new assessment by DOL’s Employee Benefits Security Administration of audit quality after reviewing annual reports from 400 sample retirement plans of various sizes. The agency found a nearly […]

tax

ACA’s ‘Cadillac tax’ is looking more like a ‘Toyota tax’

by Brandon Long For several years now, employers have spent a great deal of time focusing on the Affordable Care Act’s (ACA) play-or-pay mandate. Numerous articles have been written and numerous educational seminars have been given discussing issues such as who is subject to the mandate, what the definition of a full-time employee is, and how […]

Make the World A Better Place by Focusing On and Sharing Good Deeds

In the 2000 movie Pay It Forward, a seventh grade social studies teacher gives his students an assignment to create and put into action a plan that will change the world for the better. Young Trevor McKinney, played by Haley Joel Osment, comes up with a plan in which the recipient of a good deed […]

Hawaiian Airlines Responds to Pilots Union Media Campaign

The Air Line Pilots Association International (ALPA) and Hawaiian Airlines have been negotiating toward a new pilots’ contract for approximately two years. Recently, ALPA has engaged in an extensive media campaign alleging that Hawaiian Airlines hasn’t made up for past wage cuts during the period the company was in bankruptcy several years ago. Contrary to […]

Free Retirement-Planning Resource from DOL

The U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) has published a new resource to help workers calculate the financial resources they’ll need to ensure a secure retirement. The new publication, “Taking the Mystery Out of Retirement Planning,” is specially designed to assist workers who are within 10 years of retirement to calculate their […]

Tips for leveraging inclusiveness for a more productive workforce

Employers are always searching for ways to empower their employees to do their best work. They invest in training to help workers gain skills, and they develop policies designed to keep the workplace running smoothly, but other components—cultivating cultural intelligence and fostering an environment of inclusiveness—may be overlooked.   Simma Lieberman, a diversity and inclusion/culture change […]