Tag: benefits

retirement

Pension Buyout Sales Reached Nearly $6 Billion for Q3, Says LIMRA

Corporate pension buyout sales in the United States leaped to nearly $6 billion in the third quarter of 2016, rising to the highest level for the that quarter since 1990, according to the LIMRA Secure Retirement Institute. Sales of pension liabilities by employer plans were greater than $1 billion for each of the last six […]

Employer Fails to Accommodate Temporarily Disabled Nurse

by Maggie Spell LeBato A recent decision by the U.S. 5th Circuit Court of Appeals—which covers Louisiana, Mississippi, and Texas—offers a reminder about your obligation to provide a reasonable accommodation for an employee with a disability if it will permit her to perform the job. The ruling is also a reminder of what it takes […]

What is Benefit Optimization?

Benefit optimization, as the name implies, is the process used by HR professionals to critically assess the organization’s benefit structure and determine what changes can be made to make the benefit package on offer best serve the organization and the employees.

IRS Issues Employee Reminder on FSAs

The Internal Revenue Service is passing along a reminder to eligible employees that now is the time to begin planning to take full advantage of their employer’s health flexible spending arrangement (FSA) during 2017.

To Lump Sum or Not to Lump Sum: What to Consider When Choosing a Relocation Compensation Package

by Lisa Johnson, global practice leader for consulting services at Crown World Mobility After years of staying put due to the stagnant economy, the improved current economic conditions have resulted in more and more workers—confident in the job market and willing to move to new places and take chances—happily relocating for new jobs. With this […]

Roth 401(k) Accounts Add Value Through Tax Diversification

by Lisa Higgins, Contributing Editor Have you given your employees every opportunity to reach a secure retirement? There is one simple strategy you may not be using that could make a real difference: the Roth account. According to a survey from Willis Towers Watson, Capturing the Opportunity of Roth 401(k) Contributions, What Employees Are Missing […]