How to Attract and Retain Female Leaders in the Workplace

According to statistics from the U.S. Department of Labor , women comprise 51.5 percent of all managerial and professional jobs and are estimated to account for 51 percent of the overall increase in labor force growth from 2008 to 2018. Additionally, many of these women are also mothers responsible for the care and well-being of their children. If businesses want …

Written By: Jim Thibodeau

Colorado ranks sixth-best in the country

A report released by The Commonwealth Fund, found that Colorado’s health care system ranks sixth-best in the country. Colorado jumped five spots in the organization’s Scorecard on State Health System Performance from before the Affordable Care Act to the present. That was the fifth-largest jump among all states. The Scorecard ranks states on more than 40 measures of health system …

Written By: Heather Champlin

American Health Care Act

On March 9, 2017 the House approved the American Health Care Act—to replace tax elements of the Affordable Care Act (ACA)—by a vote of 23-16. The Act suggests various amendments to the current Affordable Care Act in place including: reducing employer mandate penalty, reducing individual mandate penalty, creating a continuous coverage requirement surcharge, delaying excise tax, repealing health insurance tax, …

Written By: Heather Champlin

MassMutual RetireSmart Mobile App

MassMutual is dedicated to continuous innovation, with the goal of helping participants retire on their own terms. We’ve been working on some exciting new enhancements for them here at MassMutual, including the launch of MassMutual’s RetireSmart mobile app. The free app is available for Android and Apple devices, and can be found by searching “RetireSmart” or “MassMutual” in the app store. …

Written By: Andrea Westhead

2015’s 401(k) Contribution Limit Increases to $18,000

The Internal Revenue Service announced today that contribution limits for 401(k) plans and individual retirement accounts will increase due to cost-of-living adjustments.  The maximum amount of contributions an employee can make to their 401(k) plan is determined each year by the IRS.  “Many of the pension plan limitations will change for 2015 because the increase in the cost-of-living index met …

Written By: Stephanie McCullough

2014’s 401(k) Contribution Limit Unchanged at $17,500

The Internal Revenue Service has announced that contribution limits for 401(k) plans and individual retirement accounts will stay the same in 2014. The maximum amount of contributions an employee can make to their 401(k) plan is determined each year by the IRS. “Some pension limitations such as those governing 401(k) plans and IRAs will remain unchanged because the increase in …

Written By: Stephanie McCullough

401k Safe Harbor Provision Changes

The IRS has amended it’s rules on Safe Harbor contributions to allow employers to terminate the match during these hard times. On May 18 the Internal Revenue Service (IRS) published proposed regulations that could provide relief to employers whose plans provide for safe harbor non-elective contributions. The relief allows employers to amend their plan to reduce or suspend future safe …

Written By: Jim Thibodeau

401k Plan Changes

Tax Treatment of Refunds Changing for 2008 Beginning with the 2008 plan year, ADP and ACP refunds attributable to the 2008 plan year are taxable in the year of distribution. Therefore, for the 2008 plan year, refunds distributed between January 1, 2009 and March 15, 2009 are taxable in 2009, the year distributed (as opposed to the year contributed). Also …

Written By: Jim Thibodeau

401K Benefits

Offering 401k plans to enhance your benefits 401K Benefits are available through StaffScapes.  Employees can use 401K plans to save money for retirement and can reduce the amount of money you pay for federal and state taxes.  Contact StaffScapes today to see how to get your plan started today.  StaffScapes is a Professional Employment Organization (PEO) that can provide large …

Written By: StaffScapes

Transamerica 401(k)

StaffScapes, Inc 401(k) Profit Sharing Plan is undergoing fund changes in 2008. The investment choices shown below will be undergoing changes effective February 15, 2008: The investment manger will change. The name of the investment choice will change to reflect new investment management company. The asset category and long-term investment style of these investments choices will remain the same. Diversified …

Written By: Jim Thibodeau