MJ Insight

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

MJ Foundation
MJ Foundation | News and Updates

MJ Raises Over $135K for Community at MJ Foundation Golf Outing

INDIANAPOLIS (July 16, 2024) – The MJ Companies, a leading financial services firm for over 60 years, hosted its second annual Benefit at the Brickyard Golf Scramble fundraiser last week on behalf of its non-profit arm, the MJ Foundation. The (…)

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Benefits+
PUBLISHED July 12th, 2024

PCORI Fees Due July 31, 2024

Ann Poland

The Affordable Care Act (ACA) requires self-insured and level-funded plan sponsors to pay Patient-Centered Outcomes Research Institute fees (PCORI fees). The fees are reported …

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Risk Management
PUBLISHED July 9th, 2024

BEYOND TRADITIONAL INSURANCE: CAPTIVE OPTIONS FOR FORWARD-THINKING BUSINESSES

Byron Shultz

It’s the ideal trifecta of insurance: reduce risk, save money, and drive more growth. These advantages are possible when using a captive, an innovative …

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Benefits+
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+
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+
PUBLISHED May 17th, 2024

HSA/HDHP Limits Will Increase for 2025

Ann Poland

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+
PUBLISHED May 10th, 2024

DOL Increases Compensation Threshold For Exemption Eligibility

Ann Poland

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+
PUBLISHED May 3rd, 2024

EEOC’s FAQs on the Pregnant Workers Fairness Act

Ann Poland

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+
PUBLISHED April 26th, 2024

ACA Information Reporting Penalties Increased for Returns Filed in 2025

Ann Poland

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+
PUBLISHED April 19th, 2024

EEOC Releases Final Rule Implementing Pregnant Workers Fairness Act

Ann Poland

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+
PUBLISHED April 16th, 2024

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

Ann Poland

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+
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+
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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