When the Consolidated Appropriations Act of 2023 was signed into law late last year, it included several provisions affecting retirement savings plans. These provisions, collectively referred to as SECURE 2.0, offer many new benefits to employers and employees that are designed to make it more ...

The Internal Revenue Service (IRS) via Revenue Procedure 2023-23 has released the inflation-adjusted contribution limitations for calendar year 2024 in relation to health savings accounts (HSAs) and high-deductible health plans (HDHPs).   These limits are indexed for inflation and ...

Recently the Internal Revenue Service (IRS) released a Chief Counsel Memo confirming its long-standing position that all flexible spending account (FSA) expenses must be substantiated.  The Details:  Health FSA claims must be substantiated with two items: 1.     ...

The Department of Homeland Security (DHS) is reminding employers that the temporary policy that allowed employers to inspect Form I-9 documents remotely in certain situations related to COVID-19 will end on July 31, 2023. DHS also announced that employers will have until August 30, 2023 to ...

New York City (N.Y.C) has issued a Final Rule on Automated Employment Decision Tools (AEDTs). The date of enforcement is now July 5, 2023. The Details Beginning on July 5, 2023, an employer or employment agency (employer) that uses an Automated Employment Decision Tool (AEDT) to ...

The State of Washington has released information to assist employers in meeting their requirements under the Washington Cares Act. Background Washington's long-term care benefits program, "WA Cares," was set to begin on January 1, 2022. Under the program, employers were to deduct a .58 percent ...

Virginia has enacted Senate Bill 1040 (SB 1040) which restricts the use of an employee’s social security number (SSN) on an identification card or access badge. The Details:  SB 1040, effective July 1, 2023, states in part as follows: “No employer shall (i) use an employee's ...

The Details House Bill 131 prohibits many employers from taking the following actions on the basis of an individual's vaccination status or whether the individual has an immunity passport: Refusing or barring them from employment; or Discriminating in compensation, or in a term, ...

Utah has enacted legislation (House Bill 324), which provides an additional way for employers to help maintain a safe working environment. House Bill 324 takes effect on July 1, 2023. The Details Under House Bill 324, a business that employs an individual in Utah, or an authorized agent of the ...

New Jersey has enacted legislation (Assembly Bill 1474), the "New Jersey Temp Worker Bill of Rights," (the “Bill”) which increases the rights of certain temporary workers. The law is set to take effect on August 5, 2023, with a few provisions that begin on May 7, 2023. The ...