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Protecting retirement benefits is a hot-button issue, especially when the news cycle periodically tells us about the risks of a shortfall in the Social Security Administration’s ability to pay out benefits over the long term. These headlines serve to highlight the fact that employees and employers alike are faced with risks in where we put […]
President George W. Bush recently signed into law the Heroes Earnings Assistance and Relief Tax (HEART) Act of 2008, which provides the following employee benefit-related advantages to eligible military personnel and their families. Keep up with the latest changes in federal employment laws and regulations with the Federal Employment Law Insider Retirement plan requirements The […]
With the enactment of the Pension Protection Act of 2006 (PPA), plan sponsors were given a freedom they didn’t have before. The legislation, which William Arnone of Ernst & Young calls “the most far-reaching legislation impacting benefits since ERISA,” enables plan sponsors to offer employees investment advice without exposing themselves to liability for the outcome […]