The majority of working adults spend more time with their co-workers than they do with their own families and friends. Accordingly, it is no surprise that employees sometimes become romantically involved. According to a new poll from the Society for Human Resource Management, 33% of U.S. adults are, or have been, involved in a workplace romance. Sometimes […]
Question: When an employee terminates a domestic partnership, does the domestic partner losing health coverage have COBRA rights? Compliance Team Response: Domestic Partners Are Not COBRA Qualified Beneficiaries Individuals must be a COBRA “qualified beneficiary” to have independent COBRA rights. Domestic partners are not qualified beneficiaries. Qualified beneficiaries include the following individuals covered under the […]
Navigating the intricacies of employee benefits data, vendors, and regulation can be overwhelming, at best. When managing system operations, data transferring and quality and compliance becomes too demanding, you may find yourself spending less time focused on what matters most: your team. At ABD, we believe that using technology strategically to automate and streamline these […]
Beginning January 1, 2021, employees who meet certain financial requirements (have earned at least $4,700 during the last four completed calendar quarters, and 30 times the weekly benefit amount they are eligible to collect) will be eligible annually for: Up to 12 weeks of paid leave in a year for the birth of a child, […]
Beginning January 1, 2020, employees who spend more than 50% of their time working in Washington DC will be eligible for leave annually for: Up to 8 weeks in a year to bond with a child after birth, or after the placement of the child for adoption or foster care Up to 6 weeks to […]
Our own Keith VanderZanden, EVP of Advanced Professionals, recently teamed up with The Council’s Katie Oberkircher to discuss the future of Association Health Plans. Association Health Plans, or AHPs, are group health plans that allow small business owners to band together to purchase insurance plans typically only available to larger employers. When the Trump Administration […]
Are men and women being paid the same salaries for doing the same work within your organization? According to Forbes, 92% of employers believe they are paying staff fairly, while only 65% of employees believe the same. In a highly competitive talent market this difference might keep you up at night. Most guides for identifying and acting […]
Question: Can employees use the dependent care FSA or health FSA to reimburse special education expenses for their children? Compliance Team Response: Dependent Care FSA: Generally Not An Eligible Expense Educational expenses are not an eligible dependent care FSA expense. Those expenses are not considered to be for the “care” of the child. However, the […]
The third installment in the ABD M&A Advisory series Finding the Upside in the Downturn When the recession hit, I got a lot of phone calls from clients asking if they could adjust the estimated exposures on their policies downward in the middle of the policy period. This is highly irregular, but we were able […]
In the current job market, attracting top talent can be just as competitive as attracting clients – attractive and comprehensive benefit plans are often a deciding factor for potential team members. ABD’s strategy for benefit planning combines data analysis, relationship-building, and program management to develop plans that work best for our clients. Today, we’ll share […]
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