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Recently, numerous class action 401(k) lawsuits have been filed by participants over misuse of forfeited assets from former employees, including Bank of America, Wells Fargo and Nordstrom.

"As the largest employer in the world, Amazon makes clear that it does not believe the law applies to it and that they are free to treat their employees how they see fit. The law does not support this belief," the plaintiff said in a court filing.

In July, a judge put the Department of Labor's new Retirement Security Rule, which was set to go into effect September 23, on hold, where it seems likely to remain until after the presidential election.

More than 4 in 10 small business leaders expect the upcoming election to have an impact on their company's sales or plans.

An ICHRA can be an excellent choice for part-time employees since it offers the flexibility to select a plan that covers an individual's needs and, if needed, their family's coverage.

The heath insurer will make intrauterine insemination benefits a standard plan feature.

Milliman ranked the drug as the one that cost employer plans the most money in 2023.

"By offering non-traditional benefits it allows the company to engage with a multi-generational workforce and appeal to new applicants," says Ali Payne, President of ethos.