Under investigation: Crypto in 401(k) plans
In Compliance Assistance Release No. 2022-01, the U.S. Department of Labor (DOL) recently expressed “serious concerns” about the prudence of offering cryptocurrency investments to 401(k) plan participants. The agency advised fiduciaries to use … [Continue reading]
Undertaking a pay equity audit at your business
Pay equity is both required by law and a sound business practice. However, providing equitable compensation to employees who perform the same or similar jobs, while accounting for differences in experience and tenure, isn’t easy. That’s why every … [Continue reading]
2022 – 03/24 – What to do with an overfunded 529 plan on graduation day
Exploding offers have largely fizzled out
Today’s employers operate in a highly competitive hiring environment. One notion that might spring to mind is making what’s sometimes referred to as an “exploding offer.”Under this approach, the employer makes a job offer to a candidate but attaches … [Continue reading]
ERISA and EAPs: What’s the deal?
In recent years, more and more businesses have increased efforts to support the well-being of their employees. This means not only providing health care benefits, but also offering other initiatives designed to help workers cope with challenges such … [Continue reading]
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