HRAs, HSAs, and Health FSAs – What’s the Difference?
Health reimbursement arrangements (HRAs), health savings accounts (HSAs) and health care flexible spending accounts (HFSAs) are generally referred to as account-based plans. That is because each participant has their own […]
Innovative Named “Best of the Biz” 2016
Innovative is proud to announce that we were named “Best of the Biz 2016” in South Jersey Biz‘s August issue! Annually, South Jersey Biz complies a “Best of the Biz” list […]
Employment Eligibility: How to Handle Questions about Worker Identity
Reports submitted to the U.S. government that include both names and Social Security numbers (SSNs), such as 1095 and W-2 forms, are filtered through U.S. Immigration and Customs Enforcement (ICE), […]
Compliance Recap- July 2016
During the month of July numerous new regulations were issued or proposed by federal agencies, and existing forms and processes were updated. In particular, penalties for various ERISA violations were […]
Salary Considerations under the New DOL Standards
On December 1, 2016, the Department of Labor (DOL) will implement changes raising the minimum compensation for exempt employees to $47,476 annually. While salary is just half of a two-part […]
