Individual Coverage Health Reimbursement Arrangements (ICHRA) have seen a rise in adoption, up by 29% between 2023 and 2024, allowing employers to provide pre-tax dollars to cover health insurance premiums and medical expenses. ICHRAs offer more flexibility and choice to employees, significantly benefitting smaller employers struggling with rising healthcare costs. Despite concerns about the complexity of choosing a health plan, experts predict more adoption due to their potential to control costs and provide choice.
Rest, AustralianSuper Among Funds Hit By Cyberattack
Australia’s largest superannuation funds, including AustralianSuper, REST, Australian Retirement Trust, and Hostplus, have suffered from a coordinated cyber attack, with around 8,000 accounts breached. Hackers
