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Despite nagging inflation, 401(k) plans saw record-highs in participation, deferral rates and the use of professionally managed allocations in 2022, according to Vanguard.

As the conversation around student debt continues, employers are an essential part of the response.

The survey found more than half of Americans could not pay off an unexpected $5,000 health care out-of-pocket expense.

Salaries of employees at small businesses have seen very little growth over the past year.

The lawsuit, which alleges that the pharmacy benefit manager colluded with Prime Therapeutics to charge higher fees, comes weeks after an independent pharmacy association launched an investigation into PBM fees.

In August, the DOL proposed to raise the salary threshold to $55,000 (from $35,568), making more than 3 million workers newly eligible for overtime pay and prompting employers to begin considering the rule's potential impact.

Aside from the wealth of provisions offering everything from tax credits to reduced administrative burdens, the new law will be critical in building savings for part-timers, nonprofit workers and those saddled with student debt.

Lawmakers took the first step last week to address longstanding issues with how much Medicare should pay doctors, as the Centers for Medicare & Medicaid Services proposed a 3.3% cut to Medicare payments for 2024.