Employers can match student loan payments as contributions to retirement plan, IRS says
By
Kathleen Steele Gaivin
Aug 21, 2024
The IRS on Monday issued interim guidance for employers who opt to make matching contributions to retirement plans on eligible student loan payments made by their participating employees.
HUD proposes closing qualified contract loophole for LIHTC transactions
By
Kathleen Steele Gaivin
Aug 19, 2024
The Department of Housing and Urban Development has proposed guidance meant to close the qualified contract loophole in the Low Income Housing Tax Credit program for Federal Housing Administration multifamily...
$646 million investment will be used train, recruit direct care workers
By
Kathleen Steele Gaivin
Aug 19, 2024
The state of New York is setting aside $646 million to train and recruit direct care workers.
Attorneys general file friend of court brief in overtime rule lawsuit
By
Kathleen Steele Gaivin
Aug 15, 2024
Fourteen state attorneys general have filed an amicus brief in Texas, joining opposition to a Department of Labor final rule meant to expand overtime eligibility to many long-term care employees and others...
Court cites Civil War-era statute in decision that could lead to lawsuits against companies that hire...
By
Kathleen Steele Gaivin
Aug 14, 2024
A recent federal appeals court ruling could result in more discrimination lawsuits filed by US citizens against companies that hire holders of temporary visas, according to one attorney.
Donor-driven scholarship program awards $84,000 to CCRC employees
By
Kathleen Steele Gaivin
Aug 14, 2024
Twenty-four years after a group of residents at Friendship Village of Dublin got together and raised the money to award three $500 scholarships to the community’s workers, the program this year awarded...
Sonida Senior Living sees occupancy record, acquires 9 communities
By
Kimberly Bonvissuto
Aug 13, 2024
Dallas-based Sonida Senior Living saw the highest occupancy in the history of its same-store portfolio and made “considerable” progress on its other growth initiatives, too, in the second quarter,...
Confidence, savvy about retirement savings a ‘promising sign’
By
Kathleen Steele Gaivin
Aug 13, 2024
With inflation slowly easing, workers are more confident in their ability to reach financial goals in retirement than they were a year ago, according to the results of a survey recently released by Charles...
A fourth of Americans over age 50 are caregivers for family, friends
By
Kathleen Steele Gaivin
Aug 07, 2024
One in four Americans aged 50 or more years are caring for a family member or friend, according to the results of a new poll from the University of Michigan.
Liability costs, severity increasing for long-term care providers
By
Kathleen Steele Gaivin
Aug 02, 2024
Liability costs continued to rise for senior living and care operators last year, although “the underlying dynamics that impact loss costs may be shifting,” according to a new actuarial analysis from...