The IRS has released the inflation-adjusted limits for Health Savings Accounts (HSAs) and High Deductible Health Plans (HDHPs) for 2027, giving employers and employees an early look at next year’s contribution opportunities and plan design thresholds. Please see Rev. Proc. 2026-24. The updates reflect modest increases across most HSA and HDHP categories, helping individuals and…
Maybe you’re a bit behind on your spring cleaning at home? Spring is a natural time to review what’s working, refresh what isn’t, and prepare for the months ahead. For employers who offer a retirement plan, it can also be an ideal opportunity to revisit core 401(k) fiduciary responsibilities and confirm that plan oversight practices…
Managing a growing workforce involves navigating a range of responsibilities, including compliance with benefit regulations. Offering competitive benefits is essential for attracting and retaining talent, but understanding and adhering to the Employee Retirement Income Security Act (ERISA) requirements can be challenging for many employers. ERISA establishes minimum standards for retirement and health benefit plans to…
On April 30, 2026, an executive order was signed directing the U.S. Treasury to establish TrumpIRA.gov, a federal informational platform that lists and allows eligible workers to compare low-cost Individual Retirement Accounts and the Federal Saver’s Match. The platform is scheduled to go live by January 1, 2027. We’re tracking it closely. Here’s a clear‑eyed…
Employees increasingly expect consistent, user-friendly experiences when accessing their workplace benefits. However, it is not uncommon for organizations to become aware of gaps in their benefits administration only when they encounter employee concerns, compliance notices, or growing manual workloads for HR teams. Today, benefits administration is more than a necessary administrative task; it plays a…
Employee benefits often represent a significant portion of an organization’s overall expenses. As employers evaluate this investment, it is important to make informed decisions that balance organizational needs with employee well-being. For years, many organizations have used traditional perks as a way to attract talent. As the market for top talent becomes more competitive, relying…
TN-2026-01, April 3, 2026 The IRS has announced federal tax relief for individuals and businesses in designated Tennessee counties impacted by Winter Storm Fern, extending several filing and payment deadlines to May 22, 2026. This relief applies to tax obligations originally due between January 22 and May 22, 2026. What This Means for EmployeesFollowing the…
Offering competitive employee benefits is an important strategy for attracting and retaining talent. Many employer-sponsored benefit plans allow employees to pay for certain benefits on a pre-tax basis, which may provide tax advantages for both employees and employers. These tax advantages are subject to specific requirements under the Internal Revenue Code. Employers that sponsor certain pre-tax benefit plans must periodically evaluate…