Voluntary benefits

New guidance shows how employees and employers can carry over unused money from flexible spending accounts and dependent care assistance programs.

“What this tool does uniquely is it takes the depersonalized delivery of benefits and really helps the individual determine how best to get the most out of their benefits,” says Voya’s Andrew Frend.

“The mindset has shifted in terms of how we need to be able to lead and support a virtual workforce,” says Edward Jones CHRO Kristin Johnson.

The IRS is extending the claims period for health care flexible spending arrangements and dependent care assistance programs and enabling taxpayers to make mid-year changes to their accounts.

“We believe every single employee of a company should have access to advice,” says Stephen Ulian, head of institutional distribution at Bank of America.

“Tackling student debt is vital today if we hope to set employees up for long-term financial success,” says Scott Whatley, president of E-Trade.

Clients won't be taxed as the result of a deal if they hold the shares in ETFs or index mutual funds.

Clients who owe the IRS should pay their taxes by April 15 even if they have already secured an extension.

Making excess withdrawals could result in taxes on the earnings and a hefty 10% penalty.

Charity Charge, Growfund partner to offer workplaces donor-advised funds, cashback credit cards.