Employees will be able to contribute up to $2,650 to a health flexible spending account (FSA) in 2017, a $50 increase from the 2017 amount, the Internal Revenue Service (IRS) announced in Revenue Procedure 2017-58.
From 401(k) plans to vacation policy, this topic gives HR and Compensation professionals specific strategies on how to handle benefit plans. Articles also provide guidance to brokers, advisers and consultants.
Both enrollment in health savings account (HSA)-eligible health plans and the number of HSAs have grown significantly since HSAs first became available in 2004; as a result, HSAs have become a significant part of employment-based health plans, according to an issue brief from the Employee Benefit Research Institute (EBRI).
With ongoing changes in the threat ecosystem and regulatory climate, employers need to be looking beyond the Health Insurance Portability and Accountability Act (HIPAA) and other traditional breach laws to prioritize the organization’s critical knowledge assets, according to data security attorneys who spoke at a recent American Bar Association (ABA) conference.
A recent Executive Order from President Donald Trump aims to give employers greater latitude in banding together to purchase health coverage, and in subsidizing employees’ coverage through health reimbursement arrangements (HRAs).
The Internal Revenue Service (IRS) has issued detailed guidance on the qualified small employer health reimbursement arrangement (QSEHRA) program established by Congress last December.
Disqualification is a concern for athletes in many competitions, before (a false start), during (a soccer red card), and after (a failed drug test) the event.
Creating an effective pay program is challenging enough. It’s even more so with the emotion that comes into play when a company makes the decision to part ways with an employee. If your company is facing a reduction in force due to new technology, a merger, or another business reason, severed employees won’t be alone […]
Earlier this year, the Internal Revenue Service (IRS) clarified what type of coverage is needed to make an individual eligible for a health savings account (HSA).
It isn’t the sexiest benefit on the menu, but life insurance might be the most heroic. Unfortunately, its value is often unappreciated until tragedy strikes.
While over 8 out of 10 employees (81.9%) would feel comfortable asking their supervisor for time off for a physical medical issue, just 16.9% would feel comfortable requesting time off for a mental health issue. That’s among the significant findings of a recent survey by TAO Connect, which explore the current state of mental health […]