Benefits

January 7, 2014 

Tax deferred retirement savings accounts, especially 401(k)s, have long been a standard for American workers looking to ensure some savings and income during their retirement years. But the economy and recent changes to healthcare law and insurance premiums are having a negative effect on savings rates.

January 3, 2014 

When the ball dropped in Times Square at midnight on New Year’s Eve, it did more than signal the start of another year. It also officially closed the books on several significant tax breaks for individuals and small business owners. Unless these provisions are resurrected by a bipartisan Congress – no sure bet – they…

January 1, 2014 

All extended federal benefits ended last week because the budget deal reached by U.S. Senate and House negotiators didn't include extension of the federal Emergency Unemployment Compensation program. The added benefits were authorized in 2008 and extended 11 times as the recession and its effects dragged on.

December 24, 2013 

The IRS surprised employers a few weeks back with a rule change that allows flexible spending account participants to roll over up to $500 of their unused account balances into the next year.

James Paille

December 23, 2013 

A "Boomer flight" is coming, as the currently retiring generation of Americans are leaving New York City en masse, carrying with them tens of billions in retirement dollars and lost money to the local economy every year.

December 23, 2013 

After years on the job and endless family responsibilities, baby boomers are ready to redefine what it means to be retired. A composite of Del Webb Baby Boomer surveys completed throughout 2013 found that boomers plan to use retirement to revamp their social lives and focus on their overall physical well-being.

December 12, 2013 

As a lawyer who has represented businesses and professionals in the claims and litigation process of long-term disability insurance benefits for more than 20 years--and a business owner myself--I have learned the importance of long-term disability insurance, as well as the importance of having the right package of long-term disability insurance benefits.

December 11, 2013 

With January only a few weeks away, business owners should already be thinking about year-end tax planning, and there are five significant tax regulations and credits they should evaluate before the New Year, according to Paychex.

Isaac M. O'Bannon

December 8, 2013 

For 34 years, Gwendolyn Beasley worked as a clerk at the Detroit Public Library and paid a portion of her salary into a fund that would someday help pay for her pension.

December 5, 2013 

The Internal Revenue Service (IRS) needs to strengthen systems development controls for the Premium Tax Credit (PTC) Project, the Treasury Inspector General for Tax Administration (TIGTA) concludes in a new report publicly released today.

December 2, 2013 

Deloitte has issued a report showing that employers view the health-care system as wasteful and expensive, and that their keys for improving the system are increased transparency around pricing and performance. The report also reveals that, three years into the implementation of the Affordable Care Act (ACA), many companies do not fully understand the law's…

November 30, 2013 

Health reform expanded Medicaid to those earning less than 138 percent of poverty level. To speed up the application process, Medicaid no longer asks for savings account statements and insurance policy values to determine eligibility.