On Aug. 25, 2023, the U.S. Treasury Department and the Internal Revenue Service (IRS) issued Notice 2023-62, Guidance on Section 603 of the SECURE 2.0 Act with Respect to Catch-Up Contributions. Click here to access this notice. Among other things, the notice announced a two-year delay of ...

When the Consolidated Appropriations Act of 2023 was signed into law late last year, it included several provisions affecting retirement savings plans. These provisions are collectively referred to as the Setting Every Community Up for ...

The Superior Court of California has delayed enforcement of the new California Consumer Privacy Act (CCPA) Regulations for one year. This means that the California Privacy Protection Agency (CPPA) cannot begin enforcement of the new regulations until March 29, 2024. The delay offers employers a ...

On Aug. 30, 2023, the United States Department of Labor (DOL) released its highly anticipated proposed overtime rule. This rule, if finalized, would increase the minimum salary amount required to be paid to executive, administrative and professional (EAP) employees and the required annual ...

The following states or localities have announced new minimum wage increases.   State or Locality Minimum Wage Rate Minimum Tipped Cash Wage ...

The state of Washington’s Department of Labor & Industries (DOLI) has adopted a Final Rule to permanently protect workers from outdoor heat exposure. The Final Rule takes effect on July 17, 2023. The Details As background, the state of Washington requires ready access to at least ...

Texas has enacted legislation (House Bill 2127), which preempts local jurisdictions from adopting and enforcing laws related to conduct that is governed by the state’s labor code, among other things. As such, the law blocks the Austin, Dallas and San Antonio paid sick leave ordinances. ...

Oregon has enacted legislation (Senate Bill 999), which, for leave purposes, amends the definition of a one-year period, expands who qualifies as a family member, and adds employee reinstatement requirements under the Oregon Family Leave Act, among other things. Most of the changes take effect ...

The state of Oregon has enacted legislation (Senate Bill 184) that extends new hire reporting requirements to independent contractors. Senate Bill 184 takes effect on Jan. 1, 2024, and is not retroactive. The details Senate Bill 184 clarifies the following definitions for new hire ...

Nevada has enacted legislation (Senate Bill 305), which will require covered employers to enroll eligible employees in a retirement program that may include the Nevada Employee Savings Trust (NEST). Employee contributions would begin by July 1, 2025. The details The State of Nevada will ...