MJ Insight

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

Retirement
Benefits+ | Retirement

THE GROWING POPULARITY OF RETIREMENT INCOME VEHICLES

It hasn’t been long since the tide turned and interest shifted from college to trade school. As the repercussions of our declining birth rates reverberate through the labor market, competition for workers is going to get fierce. It’s fascinating to (…)

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Risk Management
Young man in a blue sweater thoughtfully analyzing information on a laptop, with a notebook and a cup of coffee on the table, in a bright office setting.
PUBLISHED November 14th, 2023

CAPTIVES IN FOCUS: ARE THEY RIGHT FOR YOU?

Byron Shultz

Amid a challenging insurance market, companies are on the lookout for creative solutions to bolster their financial resilience. One strategy that continues to gain …

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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 November 9th, 2023

2024 HEALTH FSA & QUALIFIED TRANSPORTATION LIMITS

DeAnn Deck

NOVEMBER 2023 In Revenue Procedure 2023-24, the IRS sets forth a variety of 2024 adjusted tax limits. Among other things, the notice indicates that …

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Benefits+
Miniature figures of a man and woman sitting on stacks of coins, symbolizing financial disparity and wealth management concepts.
PUBLISHED November 7th, 2023

BEYOND BUZZWORDS: PAY TRANSPARENCY’S ROLE IN TOTAL REWARDS

Julie Bingham

As a result of changing labor markets, more and more employees are demanding pay transparency. Employees are demanding it, legal mandates are reinforcing it, …

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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 November 3rd, 2023

PCORI FEE AMOUNT ADJUSTED FOR 2024

DeAnn Deck

The Internal Revenue Service (IRS) has issued Notice 2023-70 to increase the Patient-Centered Outcomes Research Institute (PCORI) fee amount for plan years ending on …

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Benefits+
Two women collaborating in a modern office setting, one showing something on a tablet while the other smiles. A man works on a laptop in the background, creating a productive and engaging work environment.
PUBLISHED October 31st, 2023

BOOMERANG EMPLOYEES: THE UNCONVENTIONAL RETURN TO FORMER EMPLOYERS

The MJ Companies

In the aftermath of the “Great Resignation,” yet another unexpected trend is emerging on the talent horizon: the rise of boomerang employees. This trend …

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Benefits+
Graduation cap with a red tassel resting on a bed of hundred-dollar bills, symbolizing the financial investment in education and the cost of student loans.
PUBLISHED October 24th, 2023

HELPING EMPLOYEES MANAGE STUDENT LOAN DEBT

Doug Prince

The end of the student loan repayment moratorium marks a fresh wave of financial challenges for many American workers. In a time when a …

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Benefits+
The image features the United States Capitol dome in Washington, D.C., with a small airplane flying in the background against a cloudy sky. The iconic structure showcases its intricate architectural details, symbolizing American democracy and government.
PUBLISHED October 20th, 2023

FINAL FORMS AND INSTRUCTIONS FOR 2023 ACA REPORTING RELEASED

DeAnn Deck

The IRS has released final 2023 forms and instructions for reporting under Internal Revenue Code Sections 6055 and 6056: Draft versions of these forms …

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Risk Management
Snow-covered road winding through a dense forest of tall evergreen trees, creating a serene winter landscape.
PUBLISHED October 17th, 2023

WINTER WEATHER PREPAREDNESS: PROTECTING YOUR BUSINESS

Mike Janicki

Over the past decade, we’ve witnessed a series of winter weather events that have left a trail of destruction in their wake. In 2021, …

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News and Updates
Group of professionals engaging in a collaborative discussion in a modern office space, featuring orange chairs and a bright, open environment.
PUBLISHED October 16th, 2023

THE MJ COMPANIES WELCOMES DANE FIFE AS RISK MANAGEMENT CONSULTANT

The MJ Companies

INDIANAPOLIS (Oct. 16, 2023) – The MJ Companies, a leading risk management and employee benefits agency for more than 50 years, announced today the …

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Benefits+
Syringe kit with instructional guide, featuring a syringe, vial, and step-by-step usage instructions, displayed on a grid background.
PUBLISHED October 10th, 2023

GLP-1 DRUG COVERAGE: BALANCING COSTS AND WELLBEING CONCERNS

The MJ Companies

Lately, there has been a significant uptick in the popularity of GLP-1 drugs like Ozempic and Wegovy. Boasting jaw-dropping results and a slew of …

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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 October 6th, 2023

HEALTH SAVINGS ACCOUNTS (HSAS) – WHO IS ELIGIBLE?

DeAnn Deck

Only eligible individuals can establish HSAs and make contributions (or have them made on their behalf). An individual’s eligibility for HSA contributions is typically …

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MJ Foundation
Young boy engaged in creative play with colorful plastic shapes on a table in a bright classroom environment, focusing intently on his activity.
PUBLISHED October 3rd, 2023

PROMOTING ACCEPTANCE THIS NATIONAL DOWN SYNDROME AWARENESS MONTH

Britni Shrout

Differences are defined as a point or way in which people or things are not the same. When we think about differences, we are …

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