Hardship withdrawals from employer-sponsored 401(k)-type retirement plans will be easier to make under new provisions in the budget act passed Feb. 9. These distributions may be needed for emergencies, but plan participants should understand the effect of early withdrawals on their retirement savings over time.
Budget Law Eases 401(k) Hardship Withdrawals
Milwaukee Area Employment Law Attorney: 200 South Executive Drive, Suite 101 Brookfield, WI 53005 Phone: 262-241-8444
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Auto Body Technicians Fail to Prove Minimum Wage Violations
Janet L. Heins|California, Compensation Compliance, News, Benefits, Compensation, Equal Pay, Pay
Two body shop employees who claimed they were not paid the minimum wage required by California law failed to...
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How Will Health Industry Mergers Affect Employer Drug Plans?
Janet L. Heins|Consultation, News, Prescription Drug Plans, Vendor Management, Benefits, Compensation, Equal Pay, Pay
The announcement of a planned acquisition of Express Scripts, one of the largest pharmacy benefit managers (PBMs) in the...
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What’s Next for Health Care Legislation?
Janet L. Heins|Health Care Reform, Health Reimbursement Accounts (HRAs), Health Savings Accounts (HSAs), Influencing Government Policy, News, Benefits, Compensation, Equal Pay, Pay
Republicans are no longer expected to make big changes in the Affordable Care Act (ACA). But bipartisan legislation streamlining...
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Will Washington, D.C., Voters Eliminate Tipped Restaurant Wages?
Janet L. Heins|District Of Columbia, Minimum Wage, News, Benefits, Compensation, Equal Pay, Pay
Washington D.C., may become the next local government to require that restaurants pay minimum wage to its servers, bartenders...
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7 Tips for Managing Your Company's 401(k)
Janet L. Heins|Benefits, Consultation, News, Benefits, Compensation, Equal Pay, Pay
While the 401(k) still offers lots of options and opportunities for companies and employees, HR leaders who have to...
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CVS-Aetna Merger Could Change How Employers Buy Health Benefits
Janet L. Heins|Consultation, News, Prescription Drug Plans, Vendor Management, Benefits, Compensation, Equal Pay, Pay
The announcement that retail pharmacy giant CVS Health Corp. is seeking to purchase one of the nation’s largest health...
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Should Organizations Pay for Performance?
Janet L. Heins|Compensation, Employee Relations, News, Performance Management, Benefits, Compensation, Equal Pay, Pay
Pay-for-performance systems may be built on faulty assumptions, calling into question the link between incentive compensation and outstanding work.
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Massachusetts Employers Now Have Guidance on Equal Pay Law
Janet L. Heins|Compensation Compliance, Massachusetts, News, Benefits, Compensation, Equal Pay, Pay
On March 1, the Massachusetts Office of the Attorney General issued its much-anticipated guidance on the state’s new pay...
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200 South Executive Drive, Suite 101
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