Landmark legislation was passed by U.S. Congress which includes exciting news regarding student loan contributions.

Nicole Fallowfield, Principal at Gibson, discusses incentives to motivate employees to better health when no matter what, health care cost continue to rise. To hear what Nicole has to say, check out the video below:

Today we’re sharing insight from guest blogger Peter Welsh, Director of Retirement Services for Thurston Springer. We hope you enjoy Peter's wisdom and perspective.

Whitney Trent, Wellbeing and Engagement Strategist at Gibson, discusses how increasing healthcare costs, high rates of employee absenteeism, turnover, and decreasing employee engagement can impact not just your employee wellbeing, but your organizational wellbeing as well. To hear what Whitney has to say, check out the video below: 

According to the Greek philosopher Heraclitus, “The only thing that is constant is change.” This certainly rings true for the year ahead in the world of employee benefits and human capital management. While not an exhaustive summary of the changes to come, the following touches on some of the key trends and area of focus for employee benefits in the near future.

From our employee-owners to you and your family, we wish you a safe and joyous holiday!

Jordan Friesen, Client Executive in the Employee Benefits Practice at Gibson, discusses Employee Assistance Programs, also known as EAPs, and why it is necessary to offer your employees easy access to mental health services, online wellbeing resources, and financial education services. To hear what Jordan has to say, check out the video below: 

Ashley Walsh, Benefits Consultant at Gibson, discusses Health Savings Accounts, also known as HSAs, specifically the benefits of health savings accounts. To hear what Ashley has to say, check out the video below: 

What Is Form 5500? 

Also known as the Annual Return/Report of Employee Benefit Plan, Form 5500 is a filing required annually by the Department of Labor (DOL) & Internal Revenue Service (IRS).

Form 5500 reports and discloses information on benefit plans to ensure:

• The operation and management of these plans comply with certain Titles outlined in the Employee Retirement Income Security Act of 1974 (ERISA).
• Sufficient information is provided to regulators to effectively safeguard the rights and benefits of participants and beneficiaries.

The U.S. Department of Labor's (DOL) announced their final regulations modifying the Association Health Plan (AHP) rules to expand availability to more employers and to make them more affordable by eliminating certain coverage requirements applicable to qualified health plans under the Affordable Care Act (ACA).