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In the health care industry, many medical facilities are organized as not-for-profit entities and, thus, not subject to the FTC's rule.

The first step is understanding the factors driving this ongoing upward cost trend, like specialty drugs, then conducting an audit of all current benefits offerings to help identify underutilized programs.

It's becoming more common for employers to offer employees dual participation – in 401(k) and stock option plans –but employers should look to offer financial wellness workshops and seminars on a frequent basis.

Companies need to fully understand what the plan fees are so they can be "fully transparent" with their workers, said law firm Schlichter Bogard, which is representing plaintiffs suing TIAA for steering them into high-fee investments.

About 56% told Business Group on Health that the GLP-1 agonist obesity drugs are a major driver.

Companies are increasingly recognizing the value of offering comprehensive family-building benefits, not only to support employees but also to attract and retain top talent.

The IRS notice instructs employers planning to provide matching retirement contributions to employees making student loan payments, aligning with the new SECURE 2.0 provision.

As one in four retirees are still paying off mortgages and paying down credit card debt, financial advisors and employers need to advise pre-retirees about different retirement solutions and products, according to Nationwide.