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 […]
Innovative’s CEO Honored at 2016 Brava Awards
Last night, the Innovative team gathered at the Crystal Tea Room in Philadelphia to celebrate Innovative’s CEO, Terriann Procida, as she was presented with SmartCEO‘s 2016 Philadelphia Brava Award. The […]
June 2016 Compliance Recap
June was another quiet month for federal agencies in relation to employee benefits. A tri-agency proposed rule regarding expatriate health plans, excepted benefits, and essential health benefits was released. UBA […]
Interim Final Rule Updating the Penalties for Certain ERISA Violations
In the beginning of July, the Department of Labor (DOL) issued an interim final rule, effective August 1, 2016, adjusting the amounts of civil penalties as required by the Federal Civil Penalties […]
Proposed Rule Offers Guidance on Expatriate Health Plans, Excepted Benefits and Essential Health Benefits
In a tri-agency proposed rule, the Department of Labor (DOL), Department of Health and Human Services (HHS), and Department of Treasury (Treasury) have published guidance discussing expatriate health plans (expat […]
Innovative Presents at the BPAS Annual Conference
The Innovative team spent June 6, 7 and 8, 2016 at the Benefit Plans Administrative Services (BPAS) Annual Partner Conference in Philadelphia. The annual conference draws financial intermediary partners from across […]
Terriann Participates in SmartCEO’s “Think Tank” Discussion
On June 7th, Innovative President, Terriann Procida, joined a group of fellow Philadelphia-area Brava winners to participate in SmartCEO‘s “Think Tank” discussion hosted by Comcast Business on Corporate Social Responsibility and […]
OSHA Issues a Final Rule on Electronic Tracking of Workplace Injuries & Illnesses
Is your organization tracking workplace illnesses and injuries in accordance with new laws? Beginning in 2017, certain employers with as few as 20 employees at a single site will be required […]
Ryan Kastner Selected as “20 Under 40!”
More great news! We are proud to announce that Innovative’s Employee Benefits Consultant, Ryan Kastner, was named one of South Jersey Biz‘s “20 Under 40!” Annually, South Jersey Biz honors the […]
