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401(k) litigation — 2 cases employers must follow

Business Management Daily

If you think you’re immune from an employee lawsuit alleging a breach of fiduciary duty over the investment choices you offer in your 401(k) plan, think again. The takeaway: Defined contribution plans such as 403(b) plans and 401(k) plans don’t run on autopilot. 401(k) plan litigation. Recap: Hughes v.

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How HSAs can transform retirement planning and your common questions

WEX Inc.

That's important considering that a 65-year-old couple retiring in 2020 would need an average of $351,000 in healthcare costs throughout retirement. A variety of recent studies have indicated that: The top issues “addressed through financial wellness initiatives were healthcare costs and retirement preparedness. “

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HRA vs. HSA: What you need to know

WEX Inc.

If you offer an HSA, you’ll save money on your payroll tax bill, while employees see financial gains in a number of ways, including: Lower insurance premiums. HSA funds can be invested in mutual funds as you would with a 401(k), which lets employees grow their dollars. Investment potential.

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Data brokers could be mining employee data, the CFPB isn’t happy

Business Management Daily

The Federal Trade Commission recently dinged a digital healthcare platform for sharing consumers’ sensitive health information for advertising purposes. You can ask your 401(k) record keeper, health plan, payroll provider , etc. And we’re not the only one who thinks there’s a creep factor here. What can you do?

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3 Reasons to Boost Your Employee Benefits Offerings in 2020

Achievers

That’s the case for any employee benefit, from time off to healthcare to flexible work arrangements to workers’ comp insurance. And for 75 percent, a good benefits package would make them take one job over another,” says a recent employee health benefits survey by QuickBooks Payroll. Free healthcare coverage. Childcare support.

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[Infographic] What can a PEO do for your business?

Insperity

This may include: Health insurance 401(k) retirement plans Healthcare FSA/HSA programs Life/disability insurance 2. Relief from payroll and HR administration overload Pass off your daily HR duties – like administering benefits, managing employee paperwork, processing payroll and tax reporting – to a group that specializes in HR.

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OnPay

HR Lineup

OnPay is a cloud-based payroll and HR solution designed to simplify and streamline the process of managing payroll, benefits, and HR tasks for small to medium-sized businesses. With OnPay, businesses can easily track employee time, process payroll, and manage employee benefits all in one place. Automated Payroll Taxations.

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