With the rapid pace of tech development, it's more important than ever for HR teams to stay current.

New report indicates FSAs saved $30.7B in 2020; two-thirds of employers will offer them in 2023.

Plans and issuers must make a good faith effort to comply and establishes a submission grace period through January 31, 2023.

The next year is shaping up to be pivotal in defining the limits of online speech and regulation; so far, the only thing certain is that the stakes could not be higher.

The cause for the funding challenge is that spending for Social Security is set to increase sharply in relation to GDP in the next decade as the large baby-boom generation retires, according to the CBO.

With the recent passage of SECURE Act 2.0 and the IRS' release of substantially higher contribution limits for 401(k)s, small employers are only just beginning their journey to design and offer robust retirement benefits.

Employers have an opportunity to lessen the significant burden of this debt for their employees — while cultivating a more cutting-edge benefits package that can also appeal to prospective talent.

"People with health insurance coverage provided by employers generally think they are protected, but our findings show that health-related benefits have been eroding over time," says José A. Pagán.