IRS Issues 2023 HSA and HRA Limits
The IRS issued Revenue Procedure 2022-24, to announce the 2023 inflation adjusted amounts for health savings accounts (HSAs) under Section 223 of the Internal Revenue Code (Code) and the maximum amount […]
Utilizing Pulse Surveys and Stay Interviews for Retention and Culture
Keeping your employees engaged in their work is an ongoing component in the employee life cycle. This directly leads to their retention and success in the organization. Retaining your employees […]
37% of Employees Cite Stress for Leaving Their Job: Learn How You Can Prevent This
Employers who are already challenged to find and keep top talent amidst a tough job market may find that high levels of workplace stress are making it more difficult to […]
Innovative is Featured in SJ Magazine for Creating a Culture of Giving Back
Innovative Benefit Planning LLC was proudly featured this month in SJ Magazine for our culture of “giving back” to our community. We are grateful to have been recognized for our […]
2021 EEO-1 Component 1 Data Collection Portal is Now Open
The U.S. Equal Employment Opportunity Commission (EEOC) has announced that the 2021 EEO-1 Component 1 data collection portal is now open. Eligible employers have until May 17, 2022, to submit […]
Are You Leveraging Population Health Management Correctly to Mitigate Claims Risk?
While all health plans face the possibility of higher claims, properly managing your employee’s risk pool and population health can help mitigate claims risk and reduce costs in your plan. […]
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 […]
