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Driven by consistent savings and positive stock market performance — and despite the market volatility experienced at the start of the quarter — the average 401(k) balance increased by 8% from a year prior, while the average 403(b) balance increased 9% and the IRA balance increased 5%.

Phone 877-951-9191 (United States and Canada) +1 480-951-9191 (other countries) Monday-Friday: 8:00 a.m. - 7:00 p.m.

Starbucks employees make an average wage of nearly $17.50 per hour, with baristas earning $15 to $24 an hour and total compensation of roughly $27 per hour including benefits, according to the company.

.; Federal regulators will soon field more comments and concerns from employer and industry groups at a public hearing set for March 15 — centering on recent proposed guidance about new requirements for long-term, part-time (LTPT) employees under the SECURE 2.0 Act.

By 2023, only 15% of private-sector industry workers had access to a defined benefit plan, while more than two-thirds (67%) had access to defined contribution plans, according to the BLS .

According to the news outlet, an email sent Feb. 5 to all IRS employees stated “specific, critical filing season positions in Taxpayer Services, Information Technology and the Taxpayer Advocate Service are exempt from the [program] until May 15, 2025.”

Committee OKs Bill Limiting Fiduciary Consideration of ESG On Wednesday, June 25, the House of Representatives’ Education and Workforce Committee, by a 21-15 vote, approved the Protecting Prudent Investment of Retirement Savings Act , which seeks to amend ERISA and repeal a 2022 DOL rule under the Biden administration that allowed retirement plan fiduciaries to consider climate change and other environmental, social and governance (ESG) factors when selecting investments for plan participants.

Medicare’s annual enrollment period begins Oct. 15 and runs through Dec. 7.

Dov Lutzker, an attorney and partner with the Epstein Becker Green law firm, noted that the ADA covers private employers with 15 or more employees, so many employers likely need to be proficient on diabetes from a wellness, cost-containment, and legal and regulatory compliance perspective.

I actually lived in Houston for 15 years, and it’s so hot that nobody’s outside.