Even at a 4–5% trend, healthcare costs continue to grow faster than wages and salaries. Learn tactics to contain healthcare costs in this first of Findley's three-part article series.
Pension plan sponsors may have a new tool available to use in de-risking their pension plans – paying lump sums to retirees currently in payment status.
The DOL proposal would raise the salary level requirements to $35,308 per year for white collar exemptions with the proposed threshold up from the current $23,660.
The DOL and IRS periodically publish lists of the most common compliance issues they find when reviewing retirement plans. Check out the list and be proactive to avoid added costs and liabilities down the road.
Findley Focus is published by Findley to provide general information about recent developments and current topics in employee benefits and HR. The information provided is a summary and should not be relied upon in lieu of the full text of a particular law, regulation, notice, opinion, legislative proposal or other pertinent information, and the advice of your legal counsel. Findley does not practice law or accounting, and this publication is not legal or tax advice. Legal issues should be discussed with your legal counsel.
