Nov 7, 2013 | Uncategorized
January 1st is the busiest time of year for Benefit Renewals and changes. Just as the U.S. Department of Labor requires employers to notify their active employees of benefit changes timely in advance, this rule also applies to COBRA participants. COBRA...
Nov 5, 2013 | Uncategorized
The IRS has modified the use-it-or-lose-it rule for flexible spending accounts that has long frustrated many employees who would like to participate in their employer’s plan. Up until November 2013 there were two options employers could choose from when setting up...
Nov 1, 2013 | Uncategorized
The U.S Treasury Department announced yesterday that it is making a change to the IRS Use-it-or-Lose-it Rule for FSA accounts. (This is the rule that says participants forfeit any unspent funds after a plan year ends.) This change will allow an employer to offer...
Oct 10, 2013 | Uncategorized
Up-to-date and carefully written job descriptions are one of an employer’s most important communication tools. They explain the “who, what, when, why, and how”, defining essential functions and performance expectations for each position. Without job...
Oct 7, 2013 | Uncategorized
How do you know if your Employer sponsored group plan is COBRA or State Continuation? With Savers it’s simple….It’s all in the details. COBRA Employer groups with 20 or more employees are regulated by Federal COBRA guidelines. COBRA eligible benefits include...
Sep 10, 2013 | Uncategorized
One of the most reviewed and contemplated workplace policies is Paid Time Off (either combined PTO or the traditional Vacation/Sick time). We are often asked “How much should we offer?” or “How much do I have to offer?” Believe it or not, there is no federal...
