News & Notes

Adding Menopausal Health Benefits Provides Employers with a Competitive Edge

Adapting an employee benefit package to accommodate workers at every life stage is essential in securing employee retention within a company. Recently, the Maven Clinic began a program entitled “Menopause and Ongoing Care”, which provides adequate resources, education and beneficial access to specialized medical providers who are experts in caring for women going through menopause. […]
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How Biden’s Student Loan Forgiveness Plan Affects Employers

With so many people going to college these days, Americans currently owe $1.75 trillion in accumulated student loan debt. Because of this, the Biden Administration came forward with a solution. On August 24th, the administration announced the coming cancelation of up to $20,000 of student loan debt specifically for recipients of the Pell Grant, while […]
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Commuting for the Future: How to Adapt and Assist Employees in the Process

Transitioning back from working remotely to working in-person is a major trend currently happening around the U.S. During the height of the pandemic, many people became accustomed to working from home and not having to commute in rush-hour traffic. Now, with everyone going back to school and the office, traffic is getting worse and public […]
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Save your Employees More with a Little Known Tax Credit

If your employees already have retirement savings plans, it’s important to fuel their participation by giving them more information so that they can easily save more, faster. A great way to provide assistance to your employees is by teaching them about the Saver’s Credit and other tax credits that could benefit them. The Saver’s Credit […]
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Hearing Healthcare: An Employee Benefit to Consider

Providing your employees with an excellent set of healthcare benefits is essential in ensuring employee retention and gives future prospects an important incentive. Developing the appropriate healthcare plan for your employees takes time, and often, aspects are missing from a plan that may be valuable for your employee’s success. It’s estimated that about 48 million […]
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Delaware Implements Another Retirement Plan for Its Residents:

On Thursday, August 18, Delaware became the latest state to sign a government-sponsored retirement plan into law. Delaware Governor Carney signed the Expanding Access for Retirement and Necessary Savings (“EARNS”) Act into law on Thursday.   The EARNS Act requires every business that has more than five employees to offer a retirement plan. Businesses that […]
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Non-Profit Clubs Must Remain Attentive to Tax Exemption Requirements:

In a letter published on August 19, the Internal Revenue Service (“IRS”) determined that a social club no longer qualified for tax exemption under Internal Revenue Code (“IRC”) § 501(a) as an organization described in IRC § 501(c)(7). IRC § 501(c)(7) states that social clubs are tax exempt if they are “organized for pleasure, recreation, […]
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