BLR Pays Tribute to a True Entrepreneur
At the end of the year, BLR’s founder, Bob Brady, will be retiring from the company he started 37 years ago.
Tag: benefits
401(k) Challenges—Audit Focus for the IRS
Yesterday’s Advisor began the Internal Revenue Service’s top 10 401(k) issues; today we hit the rest, again as featured on Compensation.BLR.com®.
Top Ten 401(k) Compliance Issues (Also IRS’s Top 10 Audit Checks)
The Internal Revenue Service (IRS) has published details on the top 10 issues identified during examinations of 401(k) plans. These are the issues that the IRS will be focusing on when conducting an audit.
After Pondering King, SCOTUS Stalls on Reform Subsidies
The U.S. Supreme Court has not yet acted on a request to hear a case that seeks to eliminate health insurance premium subsidies in the states that refused to set up their own health insurance exchanges. The High Court discussed whether to hear King v. Burwell on Oct. 31; however, its Nov. 3 orders from […]
Fewer Exec Compensated with Pensions or SERPs
Nearly three-quarters of newly hired corporate executives are now treated like their rank-and-file when it comes to retirement benefits, with few being offered the traditional “top-hat” defined benefit plan that used to be as common as a company car and stock options for senior managers. In making this transition away from DB plans, however, some […]
Recruiting and Retention—What’s Really Happening?
Recruiting and retention—nothing is more important for any company. What’s happening with recruiting and retention in the real world? What are your competitors up to? Help us find out!
Third EEOC Wellness Lawsuit Draws Industry Ire
An employer group criticized the latest legal challenge to an employee wellness program filed by the U.S. Equal Employment Opportunity Commission. The commission alleges that Honeywell International, Inc.’s biometric testing incentive for employees and their spouses violates the Americans with Disabilities Act and Genetic Information Nondiscrimination Act. “This is an outrageous development, and one that […]
It’s PPA Restatement Time! … Wait, What’s That?
By Brandy Cross, Milliman Have you heard about PPA restatements but aren’t sure what’s required? Let’s start with some background on the process, and then describe steps that retirement plan sponsors should take to implement it. All plans that use a preapproved plan document must be restated before April 30, 2016. Failure to amend by this date will […]
Vehicles Drive Wacky Worker Excuses for Bad Behavior
Vehicles are driving some wacky workers’ comp stories that resulted in fraud charges for a car driver and a bike rider.
Insuring long-term disability insurance
by Richard E. Johnston In Canada, benefit plans are subject to legislation related to income tax, human rights, and employment standards. However, there is little specific regulation of benefit plans other than pension plans. A key exception is the provision of long-term disability benefits that are not funded under an insurance contract—at least for federally […]