Compliance

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  • Revamped immigration system could help employers in war for talent

    November 21, 2014

    President Barack Obama outlined steps Nov. 20 that would revamp the nation’s “broken immigration system” by allowing undocumented immigrants to play by the rules and gain work authorization – potentially changing the rules for benefit managers.


  • Review workplace drug policies in light of new state laws

    November 19, 2014

    The 2014 midterm elections did more than just make paid sick leave benefits mandatory and increase minimum wage; ballot measures also approved recreational use of marijuana in various states and regions.


  • How to achieve ACA compliance with a ben admin system

    VIDEO | November 11, 2014

    There are many Affordable Care Act requirements that employer clients must keep track of, and a benefit administration system can be the answer. But how exactly do they help, and what role does an adviser play in the process? Watch as Beverly Beattie, CEO of Selden Beattie Benefit Advisors, and Jamie Hawkins, CEO of Benefit Technology Resources LLC, share why an adviser is the ‘quarterback’ in this process and how to pick the right system.


  • Retiree health benefits case goes before Supreme Court

    November 10, 2014

    The Supreme Court is set to decide the question of whether plan sponsors bound by a collective bargaining agreement have to provide medical benefits for the duration of a retiree’s lifetime, even after the collective bargaining agreement expires.


  • 6 open enrollment trends to watch

    November 6, 2014

    Open enrollment season is designed to not only allow employees to make changes to their plans, but also to educate them. Likewise, employers and advisers should use the fourth quarter as an opportunity to stay abreast of the latest changes in health care plans. Here are six trends to watch for during the 2014-2015 open enrollment season.


  • IRS announces cost of living adjustments for qualified retirement plans

    October 31, 2014

    The IRS last week announced new adjustments for retirement plans, including for 401(k) deferrals, contributions and benefits, and the amount of compensation counted for plan purposes beginning in 2015. Here’s what you and your employer clients need to know.


  • 5 ACA issues employers should be following

    October 29, 2014

    With the Affordable Care Act’s new reporting requirements fast approaching, employers and their benefit advisers need more than ever to keep abreast of what’s happening with the ever-changing health care reform law. Here are five ACA issues the national law firm Epstein Becker Green says employers need to be following.


  • Understanding the national implications of CA's controversial Prop 45

    October 27, 2014

    A controversial ballot measure in California is getting national attention from the benefits industry. Here’s what it is and why it matters.


  • Health care data breaches impact employers, benefits security

    October 14, 2014

    Given the past high-profile data security breaches at large retailers Target and Home Depot, legal officials maintain there may be more at stake for employers and benefit managers when lapses occur in health care provider systems.


  • Why benefit administration systems are crucial for ACA compliance

    September 29, 2014

    With the Affordable Care Act’s employer shared responsibility reporting requirements for 2015 quickly approaching, benefit advisers should already be working with employer clients to implement benefit administration systems to ensure compliance with the law, industry experts say.


  • Employers face crackdown over worker misclassification

    September 29, 2014

    Since the onset of the recession, there has been a surge in worker misclassification litigation and enforcement against employers that are trying to effectively manage their finances, but are incorrectly classifying their workforces.


  • 8 major takeaways from ERISA litigation in 2014

    September 25, 2014

    This has been a busy year in the courts, with litigation challenging a variety of issues in the employee benefits arena. Here are the eight major takeaways from 2014 litigation and impending cases with key lessons for fiduciaries, employers and benefit advisers and brokers from Davis Wright Tremaine LLP, a full-service international law firm.


  • Time to review benefit denial letters

    September 16, 2014

    The Sixth Circuit’s ruling in Moyer makes clear that administrators of ERISA-governed plans with contractual time limits on when a participant must initiate judicial review of a denial of benefits should err on the side of caution.


  • 3 steps to take when reviewing fee disclosures

    September 9, 2014

    Commentary: Open enrollment time means employer clients will be reviewing fee disclosures. Columnist John Ludwig discusses several steps plan sponsors should take when reviewing the disclosures for accuracy and to determine if fees are fair and reasonable.


  • 11 ERISA milestones

    September 2, 2014

    Happy birthday ERISA! The Employee Retirement Income Security Act of 1974 turns 40 on September 2. Here’s a look at 11 important milestones, modifications and case law in the legislation’s 40-year history.


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