Three Major Differences Between a Broker and Fiduciary Plan Sponsor
For plan sponsors, managing a 401(k) plan can be complex and time consuming. Some plan sponsors hire outside advisors to help the plan stay compliant with the various IRS and […]
9 Things to Consider About Your Advance Directive
It is no surprise that Stress Awareness Month and National Healthcare Decisions Day fall on the calendar simultaneously. If you are caring for a parent, spouse, or other family member, […]
Proposed Rule Would Fix the “Family Glitch”
Under the current Affordable Care Act (ACA) regulations, employer-based health insurance is deemed “affordable” if the employee’s contribution for self-only coverage does not exceed the affordability threshold in a given […]
House Passes Secure Act 2.0 Bill
In a 414-5 bipartisan vote, the House of Representatives has passed a bill that, if enacted, is said to improve the retirement savings system in the United States by expanding […]
Temporary Flexibilities for Expired List B Identity Documents to End
In May 2020, the Department of Homeland Security (DHS) instituted a temporary policy which allowed employees to present expired List B identification documents for I-9 purposes. As a reminder, Form […]
Innovative Announces the 3rd Annual Well-Being @ Work Summit
Innovative is excited to announce the date for our 3rd annual Well-Being at Work Summit. Join us on Thursday, May 12th, from 9:00am-3:00pm, at Adventure Aquarium in Camden, New Jersey. […]
Government Funding Bill Extends CARES Act Relief for HDHPs
President Biden recently signed The Consolidated Appropriations Act, 2022 (CAA) into law. As part of the 2022 CAA, COVID-related telehealth coverage can be covered at no cost-share for High Deductible […]
The DOL’s Compliance Assistance Release No. 2022-01 401(k) Plan Investments in “Cryptocurrencies”
As plan advisors, we’ve had increasing questions from plan sponsors and committees about the availability and merits of Crypto backed investment options. With their release last week, the DOL has […]
Tax Planning Opportunities Through Proper Retirement Plan Design
Many business owners, principals, and executives are not aware of the tremendous personal and corporate tax benefits that can be achieved through the proper retirement plan design. Most retirement plans […]
Four Steps to Create a Stable Renewal Environment
Large renewal rate increases frustrate employers and plan sponsors each year. They might experience significant, double-digit rate hikes one year; a smaller uptick the second; and another large increase the […]
