MJ Insight

Explore MJ Insight, where we cover trending topics, provide industry insights, and keep you up-to-date on the latest compliance regulations.

Risk Management
Risk Management | Emerging Risks

The Value of Business Interruption Insurance

When organizations face large-scale disasters or other unexpected losses, ensuring business continuity is often a top priority. Yet, various losses may make it challenging for organizations to avoid operational disruptions or temporary shutdowns. In these instances, even brief closures can (…)

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Benefits+
PUBLISHED November 18th, 2024

Employee Benefit Plan Deadline Relief Issued Due to Recent Natural Disasters

DeAnn Deck

On Nov. 8, 2024, federal agencies issued deadline relief to ensure that employee benefit plans, participants, beneficiaries, qualified beneficiaries and claimants in disaster areas …

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Benefits+
PUBLISHED November 5th, 2024

IRS Announces 2025 Retirement Plan Limits

DeAnn Deck

The IRS has released Notice 2024-80, containing cost-of-living adjustments for 2025 that affect amounts employees can contribute to 401(k) plans and individual retirement accounts …

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Benefits+
PUBLISHED October 23rd, 2024

IRS Releases Health FSA Limit for 2025

DeAnn Deck

On Oct. 22, 2024, the IRS released Revenue Procedure 2024-40 (Rev. Proc. 24-40), which includes the inflation-adjusted limit for 2025 on employee salary reduction …

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