MJ Insight

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Employee Benefits
Employee Benefits | News and Updates

THE MJ COMPANIES STRENGTHENS BENEFITS COMPLIANCE PRACTICE WITH ADDITION OF INDUSTRY LEADER 

INDIANAPOLIS – The MJ Companies, a leading business and financial services consulting firm for more than 60 years, announces the addition of an accomplished benefits compliance professional to its team. Rebecca McColm is joining as Associate Director of Benefits Compliance, (…)

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Benefits+
A stressed woman wearing a yellow hard hat sits on the floor in a warehouse filled with stacks of cardboard boxes, illustrating workplace fatigue and the challenges of industrial environments.
PUBLISHED May 23rd, 2024

Supporting Employees During Mental Health Awareness Month and Beyond

The MJ Companies

Employee mental health has become a workplace topic of increased focus and awareness in recent years. An employee’s mental health includes how they think, …

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Benefits+
A close-up image of a person handing a check to another individual in a professional setting, highlighting a business transaction. The background features a computer keyboard and a wooden table, emphasizing a corporate environment.
PUBLISHED May 21st, 2024

How to Navigate Conversations About Online Compensation Data

Julie Bingham

One of the most prevalent compensation conversations in the workplace is about online pay data: from various sources ranging from employer websites to recruiting …

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Benefits+
View from the Supreme Court steps featuring classical columns, with the American flag flying and the U.S. Capitol building visible in the background surrounded by trees.
PUBLISHED May 17th, 2024

HSA/HDHP Limits Will Increase for 2025

DeAnn Deck

On May 9, 2024, the IRS released Revenue Procedure 2024-25 to provide the inflation-adjusted limits for health savings accounts (HSAs) and high deductible health …

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Benefits+
United States Capitol building in Washington, D.C., featuring its iconic dome and statue on top, surrounded by clear blue skies and trees. The image highlights the architectural grandeur and historical significance of the Capitol, a symbol of American democracy.
PUBLISHED May 10th, 2024

DOL Increases Compensation Threshold For Exemption Eligibility

DeAnn Deck

The Department of Labor (DOL) announced on April 23, 2024, a final rule that expands the compensation threshold for exemption eligibility under the Fair …

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Benefits+
View of the U.S. Capitol building framed by marble columns, with an American flag in the foreground and lush greenery surrounding the iconic structure.
PUBLISHED May 3rd, 2024

EEOC’s FAQs on the Pregnant Workers Fairness Act

DeAnn Deck

To help employers prepare for changes under the Pregnant Workers Fairness Act (PWFA), the Equal Employment Opportunity Commission (EEOC) has issued frequently asked questions …

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Benefits+
United States Capitol building in Washington, D.C., featuring its iconic dome and statue on top, surrounded by clear blue skies and trees. The image highlights the architectural grandeur and historical significance of the Capitol, a symbol of American democracy.
PUBLISHED April 26th, 2024

ACA Information Reporting Penalties Increased for Returns Filed in 2025

DeAnn Deck

IRS Revenue Procedure 2023-34 includes updated penalty amounts that may apply to reporting entities that fail to comply with the Affordable Care Act’s (ACA) …

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Benefits+
U.S. Capitol dome with a statue on top, surrounded by a cloudy sky, and an airplane flying in the background, symbolizing Washington D.C.'s political significance and connectivity.
PUBLISHED April 19th, 2024

EEOC Releases Final Rule Implementing Pregnant Workers Fairness Act

DeAnn Deck

On April 15, 2024, the U.S. Equal Employment Opportunity Commission (EEOC) released a final rule to implement the Pregnant Workers Fairness Act (PWFA). The …

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Benefits+
View from the Supreme Court steps featuring classical columns, with the American flag flying and the U.S. Capitol building visible in the background surrounded by trees.
PUBLISHED April 16th, 2024

CMS Preserves Creditable Coverage Simplified Determination Method in Final Part D Instructions for 2025

DeAnn Deck

On April 1, 2024, the Centers for Medicare and Medicaid Services (CMS) issued Final Part D Redesign Program Instructions for calendar year 2025. The …

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Benefits+
Miniature figurines of business professionals sitting on stacks of coins, symbolizing investment, finance, and economic growth.
PUBLISHED March 26th, 2024

Disconnected – Facing Brain Drain Head-On

Doug Prince

Imagine if 39.6% of your current workforce came to you and said that they wanted to retire in the next 3-7 years. What would …

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Benefits+
Close-up of a calendar page showing days of the month with red and black numbers, highlighting the transition between months.
PUBLISHED March 19th, 2024

THE GROWING IMPORTANCE OF PAID LEAVE PROGRAMS

Courtney Hutchison

There has been a significant shift in how employers view paid leave programs in recent years. Once considered merely an employee benefit, paid leave …

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Benefits+
Street view of Washington, D.C. featuring the U.S. Capitol building in the background, with vehicles and bike lanes visible, showcasing urban infrastructure and city life.
PUBLISHED February 23rd, 2024

IRS Releases ACA Pay-or-Play Penalties for 2025

DeAnn Deck

On Feb. 12, 2024, the IRS released updated penalty amounts for 2025 related to the employer shared responsibility (pay-or-play) rules under the Affordable Care …

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Benefits+
United States Capitol dome with a statue on top, featuring an airplane flying in the background against a cloudy sky.
PUBLISHED February 20th, 2024

Health Plans Must Expand Price Comparison Transparency Tool for 2024

DeAnn Deck

Beginning in 2024, group health plans and health insurance issuers must expand the internet-based price comparison tool they make available to participants, beneficiaries and …

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