MJ Insight

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Compliance
Compliance | Employee Benefits

FORM 5500 DEADLINE IS JULY 31

Each year, employers that are subject to the Employee Retirement Income Security Act of 1974 (ERISA) must electronically file an annual report (Form 5500) for each employee benefit plan they maintain unless a filing exemption applies. Employers with employee benefit (…)

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Benefits+
Low-angle view of classical architectural columns with intricate details against a bright blue sky, showcasing the grandeur and design of historic buildings.
PUBLISHED January 6th, 2025

Newly Passed Legislation Modifies ACA Reporting Requirements

DeAnn Deck

On Dec. 23, 2024, President Joe Biden signed two bills into law that will streamline the Affordable Care Act’s (ACA) reporting requirements under Internal …

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News and Updates
Business professional writing notes in front of The MJ Companies sign, with a water bottle and flower arrangement on the table.
PUBLISHED December 31st, 2024

Looking Ahead to a Year of Meaningful Moments

Mike H. Bill

There’s nothing like a milestone to get you thinking about what matters—and about time, which seems to jet by at an ever-increasing pace. I’ve …

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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 December 19th, 2024

Court Rejects New Notice Requirement for Fixed Indemnity Coverage

DeAnn Deck

On Dec. 4, 2024, the U.S. District Court for the Eastern District of Texas vacated a new notice requirement for fixed indemnity coverage in …

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MJ Foundation
Tent and makeshift shelter under a highway overpass, surrounded by pallets, a bicycle, and personal belongings, highlighting urban homelessness and living conditions.
PUBLISHED December 18th, 2024

A Loving Approach to Impacting Lives

Britni Shrout

As we head into the holiday season, many of us reflect on the past year and feel grateful for all that we have. Whether …

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Benefits+
Dome of the U.S. Capitol building in Washington, D.C., with a plane flying in the background on a cloudy day.
PUBLISHED December 13th, 2024

Health Plans Must Update HIPAA Policies for New Reproductive Health Care Rights

DeAnn Deck

Beginning Dec. 23, 2024, covered entities and their business associates must comply with stricter HIPAA privacy protections for reproductive health care. These new protections …

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Benefits+
Pink piggy bank on a blue pathway with three directional arrows, symbolizing financial choices and savings strategies.
PUBLISHED December 10th, 2024

A Future of Greater Benefits Flexibility for Employees

Doug Prince

Benefits may change, but these truths will never change: For any group of employees, a broad range of priorities and needs exist. And the …

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Risk Management
Sign indicating that a business is closed, featuring the text "Sorry, We're Closed" on a decorative background.
PUBLISHED December 3rd, 2024

The Value of Business Interruption Insurance

The MJ Companies

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 …

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News and Updates
Image promoting the 2024 Best Places to Work by the Phoenix Business Journal, featuring colorful logos and a modern building with sun rays in the background.
PUBLISHED November 26th, 2024

The MJ Companies Named as an Honoree for Phoenix Business Journal’s 2024 Best Places to Work Awards

The MJ Companies

PHOENIX (Nov. 26, 2024)– The MJ Companies, a leading financial services firm for over 60 years, has been included in this year’s group of …

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Risk Management
Stock market chart displaying candlestick patterns, trend lines, and moving averages on a blue background, illustrating market fluctuations and trading analysis.
PUBLISHED November 25th, 2024

Commercial Property/Casualty Market Index Q3/2024

The MJ Companies

Moderation in premium increases continued in Q3 2024, according to The Council’s Quarterly P/C Market Report. Premiums across all account sizes rose by 5.1%, …

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MJ Foundation
Family gathered outside Virginia Auto Service, showcasing a friendly atmosphere with a van in the foreground, emphasizing community and support in auto care services.
PUBLISHED November 21st, 2024

The Power of Community

Britni Shrout

You’re 17 years old, facing the challenges of being a child in the foster care system, contending with abuse, and ultimately left in a …

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Risk Management
A construction professional types on a laptop at a work desk with blueprints and a yellow hard hat, while two colleagues discuss plans in the background.
PUBLISHED November 19th, 2024

Navigating Cybersecurity Challenges in the Construction Industry

The MJ Companies

The construction industry is continuously moving toward digitization, adopting advanced technology such as artificial intelligence, the Internet of Things (IoT) and Building Information Modeling …

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Benefits+
View of the U.S. Capitol building framed by the marble columns of the Supreme Court, with an American flag visible in the background against a clear sky.
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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