Learn about the change to hardship distributions employers may consider adopting. New legislation did not change what might constitute an individual hardship, but it does make hardship withdrawals easier to obtain for participants.
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OSHA recently released a memo clarifying how to apply standards when conducting compliance investigations. The federal regulations are still in place and remain unchanged, but the memo raises some concerns about post-accident drug testing.
About three million workers service equipment and face the risk of injury if lockout/tagout is not properly implemented. According to OSHA, compliance with the LOTO standard prevents an estimated 120 fatalities and 50,000 injuries each year.
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The end of the individual mandate penalty in 2019 does not change an employer’s 1094C/1095C reporting obligations. The information reported on the 1094C/1095C forms relates primarily to the employer mandate, which is not going away.
An increase in the enforcement of the Health Insurance Portability and Accountability Act (HIPAA) is underway, and penalties being imposed are substantial. Employers should clearly understand their obligations under HIPAA and know how to carry them out effectively. There are numerous solutions in the marketplace that can help employers comply.
We recognize that employees of all ages make important contributions to any organization. The goal is to help employees have the financial security to allow them to make the choice to retire when the time is right for them and to enjoy their retirement years. This benefits both the employees and the employer. While the benefits for the employees are fairly easily understood, the benefits to the employer may be less obvious.
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