401(k), Blog and Employee Benefits - Comp and Benefits Today

2025 employee benefits trends: What employers need to know

WEX Inc.

NOVEMBER 21, 2024

When it comes to 2025 employee benefits trends , many companies are seeking innovative solutions to meet the changing needs of their workforce. Shaped by changing work environments, economic pressures, and technological advancements, the following trends are emerging as essential components of a competitive benefits package.

Employee Benefits

Employee Benefits 401(k) Employment Health Savings Account

3 Reasons to Boost Your Employee Benefits Offerings in 2020

Achievers

DECEMBER 16, 2019

“I don’t really care about my employee benefits,” said no employee ever. When it comes to employee benefits, if your business can offer it, employees want it. That’s the case for any employee benefit, from time off to healthcare to flexible work arrangements to workers’ comp insurance.

Employee Benefits

Employee Benefits 401(k) PTO Benefits Package

Tenth Circuit Adopts “Meaningful Benchmark” Pleading Standard in Dismissing Challenges to 401(k) Plan Fees

Proskauer's Employee Benefits & Executive Compensa

SEPTEMBER 13, 2023

In a case of first impression in the Tenth Circuit, the Court recently joined the chorus of circuit courts in holding that a 401(k) plan participant alleging excessive investment management or recordkeeping fees must assert a “meaningful benchmark” in order to survive a motion to dismiss. The case is Matney v. Barrick Gold , No.

401(k)

401(k) Retirement Plan Government Management

Ninth Circuit Revives Fee Challenge to Salesforce.com 401(k) Plan

Proskauer's Employee Benefits & Executive Compensa

APRIL 11, 2022

On Friday, the Ninth Circuit became the first circuit court to rule in a 401(k) plan fee and investment litigation following the Supreme Court’s January 2022 decision in Hughes v. A discussion of Hughes can be found on our blog here. Northwestern University , 142 S. 737 (2022). In Davis v. Salesforce.com, Inc.,

401(k)

401(k) Management IT

New HSA, FSA, 401(k) Contribution Levels Set

InterWest Insurance Services

NOVEMBER 25, 2022

You’ll want to make note of the changes when discussing your employee benefits during annual open enrollment. The changes, which the IRS releases in November each year, will affect contribution limits for HSAs, FSAs and 401(k) and other retirement accounts. 7,750 for family coverage (up $450).

401(k)

401(k) Deductible Deductions Flexible Spending Account

Cryptocurrency in 401(k) Plans? Might be More Like “Crypto-nite,” Says the DOL in Its Latest Release

Proskauer's Employee Benefits & Executive Compensa

MARCH 14, 2022

Department of Labor Employee Benefits Security Administration (“DOL”), cryptocurrency might carry similar dangers for otherwise strong and healthy 401(k) plan accounts. Kryptonite is a fictional substance that causes the mighty Superman to lose all his strength. According to a recent release from the U.S.

401(k)

401(k) IT Retirement Plan Government

Best Of 2021: Employee Benefits Blog Posts and Downloads

Griffin Benefits

DECEMBER 30, 2021

Thousands of companies turned to JP Griffin Group for guidance on employee benefits topics in 2021. With nearly a half-million blog post views and tens of thousands of content downloads, here is some of our most popular content for the calendar year. TOP TEN BLOG POSTS OF 2021. Do consumers even have a chance?

401(k)

401(k) Employee Benefits Healthcare Media

Besides Health Insurance and 401(k)s, These Are the Benefits Employees Value Most

InterWest Insurance Services

JANUARY 17, 2023

Besides health insurance and a 401(k) plan, other benefits that employees value highly are generous paid time off and flexible or remote work, according to a new survey.

401(k)

401(k) Health Insurance Insurance Voluntary Benefits

Why employee wellness matters – and how it’s good for business

Insperity

OCTOBER 1, 2024

Therefore, a major priority of your human resources (HR) function is to: Learn how to enhance employee wellness Commit to employee wellbeing for the long term, as part of your workplace culture Whether your HR team accomplishes this speaks to how well your company does HR. This impacts the vast majority of employees.

Employee Wellness

Employee Wellness 401(k) PTO Retirement Plan

Last-Minute Guidance Leaves Little Time for Long-Term, Part-Time Employee Changes

McDermott Will & Emery Employee Benefits

DECEMBER 20, 2023

The Internal Revenue Service (IRS) recently issued new guidance clarifying key aspects of the broadened retirement plan eligibility rule for long-term, part-time employees under the SECURE 2.0

401(k)

401(k) Retirement Plan Employee Benefits Employment

IRS Guidance on Qualified Student Loan Payment (QSLP) Match Programs

International Foundation of Employee Benefit Plans

SEPTEMBER 11, 2024

Act of 2022 allows employers to make matching contributions toward employees’ qualified student loan payments (QSLPs) to 401(k) plans, 403(b) plans and governmental 457(b) plans (and SIMPLE IRAs plans not summarized in this blog). Section 110 of the SECURE 2.0

401(k)

401(k) Employment Employee Benefits

A Long-Term, Part-Time Employee or Not a Long-Term, Part-Time Employee, That Is the Question

McDermott Will & Emery Employee Benefits

JANUARY 25, 2024

Act, employers must provide long-term, part-time employees the opportunity to make elective deferrals under their 401(k) plans and, beginning in 2025, their 403(b) plans. Under the SECURE Act and the SECURE 2.0 This new rule is fraught with complexity and has generated numerous questions about how the requirements apply.

401(k)

401(k) Employee Benefits Employment Retirement Plan

IRS Confirms Same Hours-Counting Rules Still Add Up for Long-Term, Part-Time Employees

McDermott Will & Emery Employee Benefits

FEBRUARY 6, 2024

Act, employers must now offer employees who work at least 500 hours within three (reduced to two beginning January 1, 2025) consecutive 12-month periods an opportunity to make elective deferrals to their 401(k) plans and, beginning in 2025, their 403(b) plans. Following the SECURE Act and the SECURE 2.0

401(k)

401(k) Employee Benefits Employment Retirement Plan

A Long-Term, Part-Time Employee or a Former Long-Term, Part-Time Employee, That Is the Question

McDermott Will & Emery Employee Benefits

JANUARY 30, 2024

Act, employers must provide long-term, part-time employees the opportunity to make elective deferrals under their 401(k) plans and, beginning in 2025, their 403(b) plans. Under the SECURE Act and SECURE 2.0

401(k)

401(k) Employee Benefits Employment Retirement Plan

New Rules Make Tracking Long-Term, Part-Time Employee Service a Full-Time Job

McDermott Will & Emery Employee Benefits

FEBRUARY 15, 2024

Under the SECURE Act and the SECURE 2.0

401(k)

401(k) Employee Benefits Employment Retirement Plan

When It Comes to Vesting, IRS Says Once a Long-Term, Part-Time Employee, Always a Long-Term, Part-Time Employee

McDermott Will & Emery Employee Benefits

FEBRUARY 8, 2024

Under the SECURE Act and the SECURE 2.0

401(k)

401(k) IT Employee Benefits Employment

Under Long-Term, Part-Time Employee Rules, Some Things Change, and Some Things Stay the Same

McDermott Will & Emery Employee Benefits

FEBRUARY 2, 2024

Act require employers to offer employees who work at least 500 hours within three (reduced to two beginning January 1, 2025) consecutive 12-month periods an opportunity to make elective deferrals to their 401(k) and, beginning in 2025, their 403(b) plans. Together, the SECURE Act and the SECURE 2.0

401(k)

401(k) Employee Benefits Employment Retirement Plan

What Happens to My 401(K) if I Quit

HR Digest

FEBRUARY 8, 2023

If you’ve ever wondered what happens to your 401(K) when you leave a job, you’re not alone. In fact, it’s one of the most common questions employees ask when they intend to leave their jobs and make a 401(K) withdrawal. So what happens to your 401(K) when you quit or are fired?

401(k)

401(k) Retirement Plan Taxes Employment

Webinar Replay: What to Know About SECURE 2.0

McDermott Will & Emery Employee Benefits

FEBRUARY 1, 2023

In this webinar replay, McDermott’s Employee Benefits team discusses the many changes to retirement plans and individual retirement accounts, including the key changes for 401(k), 403(b) and defined benefit plans as well as other changes impacting […] The post Webinar Replay: What to Know About SECURE 2.0

401(k)

401(k) Retirement Plan Employee Benefits

JOIN US: SECURE 2.0 Takes Second Bite at Retirement Security

McDermott Will & Emery Employee Benefits

JANUARY 24, 2023

Join partners from McDermott’s Employee Benefits team on Wednesday, January 25, 2023, as they discuss the impact of the recently passed SECURE 2.0 Takes Second Bite at Retirement Security appeared first on EMPLOYEE BENEFITS BLOG. Takes Second Bite at Retirement Security appeared first on EMPLOYEE BENEFITS BLOG.

401(k)

401(k) Retirement Plan Employee Benefits

Fidelity’s Bitcoin 401(k) Makes the Labor Department Frown. Hard.

HR Digest

APRIL 30, 2022

A Bitcoin 401(k). recently revealed that they plan to offer investors the option to put bitcoin in their 401(k)s by the end of this year. A 401(k) plan is a company-sponsored retirement account where employee funding might come directly from their paychecks and may be matched by the employer.

401(k)

401(k) Retirement Plan Banking Government

This Is Not a Test! IRS Confirms Long-Term, Part-Time Employees Excludible From Certain Nondiscrimination Testing

McDermott Will & Emery Employee Benefits

FEBRUARY 13, 2024

Act, employers must provide long-term, part-time employees the opportunity to make elective deferrals under their 401(k) plans and, beginning in 2025, their 403(b) plans. IRS Confirms Long-Term, Part-Time Employees Excludible From Certain Nondiscrimination Testing appeared first on EMPLOYEE BENEFITS BLOG.

401(k)

401(k) Employee Benefits Employment Retirement Plan

When Are Cryptocurrencies Appropriate Investments for Retirement Plans and IRAs?

McDermott Will & Emery Employee Benefits

JUNE 7, 2022

2022-01 cautions 401(k) plan fiduciaries to “exercise extreme care” before allowing participants to invest plan assets in cryptocurrencies because cryptocurrencies “present significant risks and challenges to participants’ retirement accounts, […]. appeared first on EMPLOYEE BENEFITS BLOG.

Retirement Plan

Retirement Plan 401(k) Employee Benefits Commissions

ERISA 401(k) Fee Case Victory for Schneider

McDermott Will & Emery Employee Benefits

FEBRUARY 2, 2023

A Massachusetts federal judge recently gave a major win to Schneider Electric in an employee benefits lawsuit brought by former workers.

401(k)

401(k) Employee Benefits Management Retirement Plan

Opportunity Knocks: At Long Last, IRS Determination Letter Program Is Open for 403(b) Plans

McDermott Will & Emery Employee Benefits

NOVEMBER 1, 2023

Long available to 401(k) retirement plan sponsors, determination letters can provide sponsors with advance assurance from the IRS that plans […] The post Opportunity Knocks: At Long Last, IRS Determination Letter Program Is Open for 403(b) Plans appeared first on EMPLOYEE BENEFITS BLOG.

401(k)

401(k) Retirement Plan Employee Benefits

How the SECURE 2.0 Act of 2022 benefits your workplace

Insperity

OCTOBER 10, 2023

In requiring employers to take actions that can improve their employees’ financial wellness, the SECURE 2.0 Act of 2022 says The implications of this law’s passage for your business How small and midsize businesses and their employees can both benefit Overview of the SECURE 2.0 employer-sponsored 401(k) plans.

401(k)

401(k) Retirement Plan Taxes Benefits Package

A Light in the Dark: Seventh Circuit Helps Clarify New Pleading Standards for 401(k) Fee Cases

McDermott Will & Emery Employee Benefits

SEPTEMBER 30, 2022

A recent US Court of Appeals for the Seventh Circuit case supplies answers to many questions left open in 401(k) fee litigation cases after the US Supreme Court’s ruling earlier this year in Hughes v. Northwestern University. Specifically, to survive a motion to dismiss in the Seventh Circuit, the recent ruling in Albert v.

401(k)

401(k) Employee Benefits Executive Compensation Retirement Plan

Start your new benefits plan year off right with these 8 tips

WEX Inc.

JANUARY 8, 2025

And just because you have an entire plan year ahead doesnt mean you should wait until November or December to put time and energy into your employee benefits. Or watch our Benefits podcast to learn how employers can support employees while starting off the benefits plan year! Its an expectation. How do you do this?

Flexible Spending Account

Flexible Spending Account 401(k) Health Savings Account Banking

District Court Breaks Trend and Allows Claims Challenging Prudence of BlackRock LifePath Index Target Date Funds to Proceed

Proskauer's Employee Benefits & Executive Compensa

SEPTEMBER 22, 2023

We have previously blogged on the flurry of class action lawsuits challenging 401(k) plan investments in the BlackRock LifePath Index Target Date Funds. The alleged underperformance of three and one-half years was long enough to raise an inference that the BlackRock Funds were imprudently retained.

401(k)

401(k) Retirement Plan IT

SECURE 2.0 Act of 2022 Arrives: (Another) Landmark Retirement Package

Proskauer's Employee Benefits & Executive Compensa

DECEMBER 23, 2022

Future blog posts will explore these provisions in more detail, so check back for comprehensive analysis. includes several changes intended to improve employee access to workplace-based retirement savings. Among other changes, it: Requires automatic enrollment for new 401(k) and 403(b) plans that are first established after SECURE 2.0’s

401(k)

401(k) Retirement Plan Taxes Finance

SECURE 2.0 Brings Significant Changes for 403(b) Plans

Proskauer's Employee Benefits & Executive Compensa

JANUARY 30, 2023

provisions that specifically impact 403(b) plans include changes to: (1) amounts available for hardship distributions, (2) eligibility to participate in pooled and multiple employer plans, (3) treatment of long-term, part-time employees, and (4) potentially , investments in collective investment trusts. Before SECURE 2.0, However, SECURE 2.0

401(k)

401(k) Taxes Retirement Plan Commissions

IRS Announces 2024 Employee Benefit Plan Limits

McDermott Will & Emery Employee Benefits

NOVEMBER 1, 2023

The Social Security Administration […] The post IRS Announces 2024 Employee Benefit Plan Limits appeared first on EMPLOYEE BENEFITS BLOG. Most of the dollar limits that are subject to adjustment for cost-of-living increases will increase for 2024.

Health and Welfare

Health and Welfare Employee Benefits Flexible Spending Account Health Savings Account

IRS Announces 2024 Employee Benefit Plan Limits

McDermott Will & Emery Employee Benefits

NOVEMBER 10, 2023

On November 9, 2023, the Internal Revenue Service (IRS) announced cost-of-living adjustments to the applicable dollar limits for certain health and welfare plan benefits, including those for health flexible spending arrangements and commuter benefit plans, among other important updates.

Health and Welfare

Health and Welfare Employee Benefits Flexible Spending Flexible Spending Account

Webinar Replay: New Employee Benefits Requirements for Part-Time Employees, Independent Contractors

McDermott Will & Emery Employee Benefits

APRIL 9, 2024

Provisions of the […] The post Webinar Replay: New Employee Benefits Requirements for Part-Time Employees, Independent Contractors appeared first on EMPLOYEE BENEFITS BLOG.

Employee Benefits

Employee Benefits 401(k) Employment Management

How HSAs can transform retirement planning and your common questions

WEX Inc.

JULY 24, 2023

Would you like to learn more about what employees are saying regarding their benefits? We recently surveyed nearly 60,000 of our benefits participants to learn more about their needs. We cover some of the survey findings in this blog post and infographic. What employers are saying about employee finances and retirement?

Retirement Plan

Retirement Plan 401(k) Health Savings Account Taxes

Defendants Secure Motion to Dismiss Victories in Three Post-Hughes Decisions

Proskauer's Employee Benefits & Executive Compensa

JULY 6, 2022

In April, we wrote here about the discouraging trend of opinions allowing commonly asserted breach of fiduciary duty claims in 401(k) and 403(b) plan investment litigation to survive motions to dismiss. We previously blogged here on the Eastern District of Kentucky’s September 2021 opinion dismissing the complaint. In Smith v.

401(k)

401(k) Retirement Plan Management IT

IRS Announces 2023 Employee Benefit Plan Limits

McDermott Will & Emery Employee Benefits

OCTOBER 21, 2022

The table below compares the applicable dollar limits for certain employee benefit programs and the Social Security wage base for 2022 […]. The post IRS Announces 2023 Employee Benefit Plan Limits appeared first on EMPLOYEE BENEFITS BLOG.

Employee Benefits

Employee Benefits Flexible Spending Account Employment Health Savings Account

Sixth Circuit Rejects Arbitration for Proposed Fiduciary Breach Class Action

Proskauer's Employee Benefits & Executive Compensa

MAY 5, 2022

employees, sued the company and its investment committee under Section 502(a)(2) of ERISA on behalf of its 401(k) plan, alleging that defendants breached their fiduciary duties of prudence and loyalty with respect to the management of the plan. Cintas Corp. , 21-2156, __ F.4th 4th __, 2022 WL 1236954 (6th Cir.

401(k)

401(k) Employment Management IT

Cryptocurrency for Employee Benefits Lawyers: What You Need to Know

McDermott Will & Emery Employee Benefits

APRIL 14, 2022

As the popularity of cryptocurrency continues to grow, what do employee benefits lawyers need to know about these emerging investment options? The post Cryptocurrency for Employee Benefits Lawyers: What You Need to Know appeared first on EMPLOYEE BENEFITS BLOG.

Employee Benefits

Employee Benefits 401(k) Retirement Plan Commissions

Cryptocurrency for Employee Benefits Lawyers: What You Need to Know

McDermott Will & Emery Employee Benefits

FEBRUARY 3, 2022

The post Cryptocurrency for Employee Benefits Lawyers: What You Need to Know appeared first on EMPLOYEE BENEFITS BLOG.

Employee Benefits

Employee Benefits 401(k) Employment Mining

Start your new benefits plan year off right with these 8 tips

WEX Inc.

FEBRUARY 23, 2023

And just because you have an entire plan year ahead doesn’t mean you should wait until November or December to put time and energy into your employee benefits. Or watch our Season 5 opener of our Benefits Buzz podcast to learn more participant tips for starting off your benefits plan year! It’s an expectation.

Flexible Spending Account

Flexible Spending Account 401(k) Health Savings Account Banking

HSA vs. FSA: See how you’ll save with each

WEX Inc.

OCTOBER 4, 2023

This makes HSAs appealing to many members who see them as a complement to their retirement savings , alongside their 401(k). Similar to a 401(k), you can make pre-tax contributions to your HSA and enjoy tax-free growth on your investments. The information in this blog post is for educational purposes only.

401(k)

401(k) Flexible Spending Account Health Savings Account Flexible Spending

HRA vs. HSA: What you need to know

WEX Inc.

MAY 2, 2024

Employees must be enrolled in an HSA-eligible health plan (or high-deductible health plan ) to be eligible for an HSA. HSA funds can be invested in mutual funds as you would with a 401(k), which lets employees grow their dollars. Subscribe to our blog. Investment potential.

Health Savings Account

Health Savings Account 401(k) Flexible Spending Account Taxes

Learn the dos and don’ts of open enrollment

WEX Inc.

SEPTEMBER 14, 2023

Use available tools and resources to learn more about pre-tax benefits and to plan for the year ahead. An informative blog , educational videos and savings and goal calculators make it easy for you to determine your plan elections. If your employer offered you a raise, you wouldn’t say no, right? Miss out on learning opportunities.

401(k)

401(k) Health Savings Account Flexible Spending Account Healthcare

2025 employee benefits trends: What employers need to know

3 Reasons to Boost Your Employee Benefits Offerings in 2020

Trending Sources

Tenth Circuit Adopts “Meaningful Benchmark” Pleading Standard in Dismissing Challenges to 401(k) Plan Fees

Ninth Circuit Revives Fee Challenge to Salesforce.com 401(k) Plan

New HSA, FSA, 401(k) Contribution Levels Set

Cryptocurrency in 401(k) Plans? Might be More Like “Crypto-nite,” Says the DOL in Its Latest Release

Best Of 2021: Employee Benefits Blog Posts and Downloads

Besides Health Insurance and 401(k)s, These Are the Benefits Employees Value Most

Why employee wellness matters – and how it’s good for business

Last-Minute Guidance Leaves Little Time for Long-Term, Part-Time Employee Changes

IRS Guidance on Qualified Student Loan Payment (QSLP) Match Programs

A Long-Term, Part-Time Employee or Not a Long-Term, Part-Time Employee, That Is the Question

IRS Confirms Same Hours-Counting Rules Still Add Up for Long-Term, Part-Time Employees

A Long-Term, Part-Time Employee or a Former Long-Term, Part-Time Employee, That Is the Question

New Rules Make Tracking Long-Term, Part-Time Employee Service a Full-Time Job

When It Comes to Vesting, IRS Says Once a Long-Term, Part-Time Employee, Always a Long-Term, Part-Time Employee

Under Long-Term, Part-Time Employee Rules, Some Things Change, and Some Things Stay the Same

What Happens to My 401(K) if I Quit

Webinar Replay: What to Know About SECURE 2.0

JOIN US: SECURE 2.0 Takes Second Bite at Retirement Security

Fidelity’s Bitcoin 401(k) Makes the Labor Department Frown. Hard.

This Is Not a Test! IRS Confirms Long-Term, Part-Time Employees Excludible From Certain Nondiscrimination Testing

When Are Cryptocurrencies Appropriate Investments for Retirement Plans and IRAs?

ERISA 401(k) Fee Case Victory for Schneider

Opportunity Knocks: At Long Last, IRS Determination Letter Program Is Open for 403(b) Plans

How the SECURE 2.0 Act of 2022 benefits your workplace

A Light in the Dark: Seventh Circuit Helps Clarify New Pleading Standards for 401(k) Fee Cases

Start your new benefits plan year off right with these 8 tips

District Court Breaks Trend and Allows Claims Challenging Prudence of BlackRock LifePath Index Target Date Funds to Proceed

SECURE 2.0 Act of 2022 Arrives: (Another) Landmark Retirement Package

SECURE 2.0 Brings Significant Changes for 403(b) Plans

IRS Announces 2024 Employee Benefit Plan Limits

IRS Announces 2024 Employee Benefit Plan Limits

Webinar Replay: New Employee Benefits Requirements for Part-Time Employees, Independent Contractors

How HSAs can transform retirement planning and your common questions

Defendants Secure Motion to Dismiss Victories in Three Post-Hughes Decisions

IRS Announces 2023 Employee Benefit Plan Limits

Sixth Circuit Rejects Arbitration for Proposed Fiduciary Breach Class Action

Cryptocurrency for Employee Benefits Lawyers: What You Need to Know

Cryptocurrency for Employee Benefits Lawyers: What You Need to Know

Start your new benefits plan year off right with these 8 tips

HSA vs. FSA: See how you’ll save with each

HRA vs. HSA: What you need to know

Learn the dos and don’ts of open enrollment

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