Maine Passes Paid Family and Medical Leave Program
On July 11, 2023, Maine Governor Janet Mills signed Legislative Document 1964 , An Act to Implement the Recommendations of the Commission to Develop ...
Compliance
Colorado Expands Employee Protections & Benefits: Harassment, Discrimination, Nondisclosure Agreements, Paid Sick Leave, and More
Recently, Colorado (CO) passed the Protecting Opportunities and Workers’ Rights (POWR) Act, which amends existing employment law and significantly expands ...
Updated: 401(k) Plan Form 5500 Filing Deadline Approaches
Both small and large employers with a 401(k) plan must annually file an Internal Revenue Service (IRS) Form 5500, Annual Return/...
ACA Affordability for Non-Calendar Year Plans
Annually, the IRS releases the Affordable Care Act (ACA) affordability percentage, which impacts contributions required for medical coverage to avoid ...
Employers Have Until August 30, 2023 to Comply with Form I-9 Physical Verification Requirements
The U.S. Department of Homeland Security (DHS) recently announced that employers will have until August 30, 2023 to comply with the ...
2024 HSA & HDHP Limits Announced
Recently, the IRS released Rev. Proc. 2023-23, which outlines the adjusted amounts for health saving accounts (HSAs) and high deductible ...
Maryland Passes Revisions to the Paid Family and Medical Leave Program
The Maryland legislature recently passed Senate Bill (SB) 828, which modifies the state’s upcoming paid family and medical leave (PFML) ...
California SDI/PFL Benefit Enhancements and Removal of Taxable Wage Limit in 2024
In 2018, California’s State Disability Insurance (SDI) and Paid Family Leave (PFL) benefits were temporarily enhanced to increase wage replacement ...
What Sequoia 401(k) Clients Need to Know: The Top 5 Takeaways from SECURE Act 2.0
SECURE Act 2.0 continues to dominate 401(k) plan conversations as employers wait on administrative guidance from both the Internal Revenue Service (...
IRS Changes to Form 1095-C Filing Requirements
In the past, the Internal Revenue Service (IRS) allowed applicable large employers (ALEs) to file their Form 1095-Cs on paper ...
NLRB Decision & Memo Impacts Certain Non-Disparagement and Confidentiality Provisions in Severance Agreements
In late February, the National Labor Relations Board (NLRB or Board) issued a ruling in McLaren Macomb, which significantly impacts ...
[Updated]: Department of Labor Releases Guidance on FMLA & FLSA for Teleworking Employees
Recently, the Department of Labor (DOL) released Field Assistance Bulletin (FAB) No. 2023-1, which provides guidance on the application of ...