As weather-related events continue to occur with great frequency and severity across the country, it’s possible that one of your 401(k) participants might request a hardship distribution to pay for home repairs. Employers that sponsor 401(k) plans … [Read more...]

As mitigation measures related to COVID-19 ease, it will be interesting to see which practices and regulatory changes taken in response to the pandemic remain in place long-term. One of them might be relief from a sometimes-inconvenient requirement … [Read more...]

Many employers have established Health Reimbursement Arrangements (HRAs) as a tax-advantaged way to allow employees to receive reimbursements for out-of-pocket medical expenses. What’s often overlooked is that, under certain circumstances, HRAs can … [Read more...]

Most of us are taught from a young age never to assume anything. Why? Well, because when you assume, you make an … you probably know how the rest of the expression goes.A dangerous assumption that many business owners make is that, if their companies … [Read more...]