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Artificial intelligence (AI) bots have flooded the Internet. Since the release of ChatGPT, AI’s potential to revolutionize the workplace has become apparent, especially in the field of HR. With the ability to create e-mails and even lengthy articles, AI can streamline HR tasks like drafting employee communications, writing job descriptions, and analyzing data. That being […]
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.
In yesterday’s Advisor, we covered a variety of types of communications with employees; today, we’ll look at employee hotlines.
As you’ve perused coverage of the new requirements placed on 403(b) plans, you may have experienced mixed feelings. Even though the requirements to maintain a written plan document and to file a Form 5500 are no more burdensome than those placed on sponsors of other qualified plans, 403(b) plan sponsors are starting from a deficit […]