Posts Tagged ‘compliance’

DOL Audits: A How To

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Even with all your ducks in a row, an audit from the Department of Labor (DOL) can be nerve-wracking experience for any business. The goal of a DOL audit is to ensure your organization is in compliance with employment laws. These audits can occur at random but are most often spurred by employee complaint. Compliance is important, and equally important is your ability to prove it. Throughout a DOL audit, the auditor will need verification of your compliance. They will do their best to maintain an open line of communication but the key to making it smoothly through an audit…

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The Benefits of Hiring the Right Broker

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Employee benefits plans can be intimidating for those responsible for managing them. There are many options from which to choose, the language of benefits plans is not simple to understand, and navigating the complexity of the plans and claims process can be daunting for even those well versed in benefits.  Enter benefits brokers – those with professional knowledge in the benefits space who help companies assess their needs, shop for the best value, assist in the event of claims, and help maintain compliance with state and federal regulations, including ERISA and the Affordable Care Act. Unless you have a comprehensive…

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