The Consolidated Omnibus Budget Reconciliation Act (COBRA) is a federal law that enables employees to remain on the employer’s health insurance plan but requires certain eligibility, such as the event of an employee losing their job. To best answer specific questions about these subjects, consider...
Benefit plan administrators perform duties related to the operation of a company’s employee benefits plan or retirement plan. The business or organization that offers the benefits or retirement plan to its employees or members is the plan sponsor. Plan administrators essentially operate the same for ...
Hodges, the same federal pension rules now apply to all married couples, whether they are same-gender or opposite-gender. So all spouses are now covered under the same survivor benefit rules for defined benefit and defined contribution plans. For example, a same-gender spouse of an employee ...
Moreover, TPAs offer more personalization, tailoring the health plan to the company’s and employees' specific needs. This fosters an enhanced employee health and wellness environment, leading to improved employee benefit packages. However, drawbacks include potential increase in the next year's ...
根据第一段The new federal(联邦的) physical activity guidelines were updated for the first time since 2008 ,and they still urge adults to do 75 minutes of intense (or 150 minutes of moderate) aerobic (有氧的) exercise each week,plus muscle-strengthening activities like weightlifting...
Self-employed individuals are not eligible to have an account, and highly compensated employee restrictions also exist. An FSA is a qualifying benefit under a Section 125 plan, or cafeteria plan. Health FSAs are the most common type of flexible spending arrangement. You can offer FSA plans to ...
A global benefits plan, however, empowers multinational companies to deliver all of these same tools to employees around the world. Different countries have various requirements and regulations regarding employee benefits. In the UK, for example, healthcare is free and provided by the government, ...
Is there a way to monitor GDP in real time, making it more actionable by reducing the lag time of the quarterly data? Officially, no; unofficially, yes. The Federal Reserve Banks of Atlanta and New York offer their own respective tallies of GDP factors. ...
TheEmployee Retirement Income Security Act of 1974 (ERISA)is a federal law designed to protect retirement assets. The law establishes guidelines that retirement plan fiduciaries must follow to protect the assets of private-sector employees.9 Companies that provide retirement plans are referred to as p...
Employee contributions may or may not be mandatory depending on the company plan, although individual elections are not permitted.2However, employees must be covered by an employer-sponsored health plan to be eligible for VEBA membership. Additionally, the company must observe rules established by the...