#ICYDK: Taking hardship withdrawals from 401(k) plans may soon be easier for plan participants, while plan sponsors could face fewer fiduciary risks when transferring small “left behind” 401(k) accounts to departing employees’ IRAs and their new 401(k) plans. https://goo.gl/FjZzda
Amazon Splits Second Headquarters
#ICYDK: Employers in New York City and the Washington, D.C. area better tighten up their compensation game: Amazon said it will start looking next year in those communities for talent to staff its second headquarters. Annual salaries will average $150,000. https://goo.gl/jeKCSr
Free SHRM Foundation Course Teaches HR Professionals About Hiring Veterans
#ICYDK: The SHRM Foundation will offer a new certificate program that teaches best practices to attract, hire and retain veterans. The program is free and open to all HR professionals and offers 10 professional development credits for SHRM certification holders. https://goo.gl/Loy1mk
Pretax Savings Technology Lets Employees Keep More of What They Earn
Pretax savings accounts—where employees deposit money after they’ve earned it but before it is taxed—can be a great benefit. Workers can use them to pay for commuting costs, health savings accounts (HSAs) or day care expenses. But the red tape involved in managing these programs and employees’ uncertainty about whether they qualify to use such accounts hinder participation and add to HR’s already full benefits-administration plate. https://goo.gl/aGiQ5e