The U.S. Department of Labor published two proposed rules in the Federal Register to make investment advice more flexible for participants of 401(k) plans and IRAs.
The health savings account has already proven to be a relatively flexible account-based benefit in its ability to be layered with other products and double as a retirement vehicle. Now the product can add another feather to its hat. Owners of individual retirement accounts who are enrolled in a high-deductible health plan can shift IRA funds into a HSA, without facing a tax penalty.
Legislators and federal agencies plan to concentrate their efforts on addressing excessive 401(k) fees, and employers can expect to see new guidance on several retirement-related topics soon.
The Internal Revenue Service recently released the maximum contribution levels for health savings accounts and out-of-pocket spending limits for high deductible health plans connected to HSAs.
Not sure if it qualifies as a kiss and make up, but a Valentine's Day settlement worth $38.5 million was reached between CVS Caremark and 28 states.
The Employee Benefits Security Administration recently issued a checklist to help advisers and employers determine whether their wellness and disease management programs comply with the Health Insurance Portability and Accountability Act.
Following up on the Department of Labor's recently proposed amendments to the fee disclosure regulations under Section 408(b)(2) of ERISA, the SPARK Institute, a group representing the interests of the retirement services industry, is recommending changes to the proposal.
Final rules from the Department of Labor specify how contributions may be directed to qualified default investment alternatives.
Advisers may realize their work is not done once a pharmacy benefit plan is selected, but they may not be aware of the extent to which this is the case. Fiduciaries could be breaching their responsibilities under ERISA if the revenue streams going to PBMs are not fully understood by the sponsor.
Final rules from the Department of Labor specify how contributions may be directed to qualified default investment alternatives.
The Equal Employment Opportunity Commission released a final rule that allows employers to revamp retiree health benefits without violating the Age Discrimination in Employment Act.
As health information technology expands, policymakers and employers may have to reevaluate how group health plans and health care providers comply with federal privacy laws.
Principal's latest iteration of its annual "10 best companies for employee financial security" offers advisers and brokers several guideposts for helping their clients get recognition.
New research from a trio of health policy experts questions the commonly held belief that the insured cover the cost of the uninsured through cost shifting.
Alabama's effort to expand its health screening program has taken over the Web recently. And while most outlets pounced on the "fees for fat" angle, the program's steward says the media frenzy got it all wrong.
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