Benefits
Latest News
Wolters Kluwer Adds Tech and AI Features Across its CCH Axcess Cloud System
KNAV Merges in HLG Netherlands
ZBS Group Acquires Saul Rosenberg CPA in New York
IRS FY 2024 Financial Report Says Longtime Deficiency Resolved
Finance & Insurance Tops All Industries in Employee Benefits
The Finance & Insurance industry has the best benefits, as the industry earned the highest overall score of 92.33 out of a possible 100.
IRS Releases 401(k), IRA Contribution Limits For 2025
The 401(k) contribution limit will increase to $23,500 next year, the IRS says, but the IRA contribution limit will stay at $7,000.
U.S. Workers Want More Support on Financial Well-Being
The survey found U.S. employers are prioritizing support for mental (73%) and physical (50%) well-being.
73% of Employees Want More Education on Company Benefits
HR managers say they spend 12 hours on average, or more than one-fourth of their week, on payroll and benefit-related administrative tasks–with 27% of them spending 20 hours or more.
Unemployment Claims Drop After Increase Due to Storms
Applications for U.S. unemployment benefits unexpectedly fell after jumping the previous week in Southeastern states affected by Hurricane Helene, and data will probably remain volatile in the coming weeks.
SSA Issues 2.5% COLA Increase For 2025
The Social Security Administration's cost of living adjustment for 2025 is the lowest increase recipients have received in years.
Private Assets in 401(k) Plans Pique Investors’ Interest
Over one-third of plan participants would allocate assets in private equity and private debt, a Schroders survey found.
Treasury, IRS Issue Guidance on Long-Term, Part-Time Employees in 403(b) Plans
In addition, the Treasury Department and the IRS announced a delayed applicability date for related final 401(k) regulations.