Latest Insights

The IRS has raised the 831(b) premium limit to $2.85 million for 2025 while introducing new compliance regulations that impose stricter scrutiny on micro-captive transactions.

Group health plan sponsors offering prescription drug coverage must submit their annual creditable coverage disclosure to CMS by March 1, 2025, for calendar year plans to ensure compliance and avoid penalties.

The Connelly v. United States decision redefines estate tax valuation by confirming that life insurance proceeds used for corporate share redemption must be included in a business’s taxable estate.

Illinois employers are required to provide employees with a written comparison of their health plan’s benefits. An updated model disclosure forms was recently released for 2025.

The DOL increased ERISA penalties for 2025, emphasizing the need for employers to prioritize compliance to avoid significant penalties.

Starting January 1, 2025, New York employers must provide 20 hours of paid prenatal leave, with clear guidelines outlined by the NYS Department of Labor.

New Jersey has updated 2025 rates and benefit for Temporary Disability Insurance and Family Leave Insurance programs, including increased benefit caps and employee contribution rates.

Preparing for retirement while supporting adult children at home requires careful financial planning, clear communication, and a focus on fostering independence to maintain stability and harmony.

Ensure your family’s financial security by understanding the key factors that determine the right amount of life insurance coverage for your unique situation.