News

On May 1, 2025, the IRS released the inflation-adjusted limit for excepted benefit health reimbursement arrangements (EBHRAs) for plan years beginning on or after Jan. 1, 2026. Effective for 2026 plan years, the maximum annual employer contribution for an EBHRA will increase to $2,200 (up from $2,150 for plan years beginning in 2025).  EBHRAs  An…

Stress is often perceived as a negative force that impacts our overall well-being. However, not all stress is detrimental. Stress is common and healthy; it’s your body’s way of responding to threats, challenges and demands. Good stress, known as eustress, is healthy and can serve as a powerful motivator to tackle challenges. Understanding the difference…

As corporate leaders, a company’s directors and officers have a range of responsibilities, many of which center around ensuring operational success, fostering a strong organizational culture, and complying with applicable federal and state laws. One of the most essential responsibilities these leaders have is keeping detailed and accurate corporate records. Such records encompass various types…

Educational institutions, including K-12 schools and universities, are frequent targets of cybercriminals. These organizations often possess vast stores of sensitive data, operate with limited cybersecurity resources and rely on outdated infrastructure. As a result, cyberattacks in this sector have led to significant financial, operational and reputational damage. Given these risks, leaders at these institutions should…

On April 17, 2025, the U.S. Supreme Court ruled that a group of employees may challenge their employer’s fee arrangement with a retirement plan service provider under the Employee Retirement Income Security Act (ERISA). In its unanimous decision, the Supreme Court took an employee-friendly view of statutory text and simplified the requirements for alleging a…

Generation Z (Gen Z) accounts for a growing percentage of the global workforce. In the second quarter of 2024, this group comprised 18% of the U.S. labor force, and this rate will only continue to grow. These individuals, born between 1997 and 2012, range from 13 to 28 years old, making up nearly all of…

1. Since you have been in an ESOP for a while now, what would you tell new ESOP employees? Don’t get discouraged while waiting for your first ESOP Statement.  I waited almost 2 years before seeing the value of my ESOP shares (I was hired in August) but once I saw the number of shares…

Mental health benefits are valuable resources that many employers offer. These resources can help you manage stress, anxiety and other mental health concerns. However, 1 in 4 employees are unaware whether their organization offers mental health benefits. This means that you may not be fully aware of what mental health benefits are included in your…

1. What do you like most about your role? I really enjoy helping people in general, and in Claims, that can be in many different ways. Nothing makes me happier than to help resolve a troublesome claim for a client, or to be a listening ear for a frustrating situation. Knowing I am building report…

1. What do you like most about your role? I enjoy being involved in so many different areas including employee engagement and recognition, client relationships and education, and assisting with new connections for our organization. 2. How do you think being in an ESOP affects work culture? We just had a powerful 3rd quarter all…