On October 29, 2020, the Departments of Labor, Health and Human Services, along with the Treasury Department issued the final rule regarding health care transparency requirements for group health plans … Continued
Earlier this year, the Pennsylvania Department of Labor and Industry (L&I) issued a rule to increase the minimum salary required to avoid overtime compensation for executive, administrative, and professional (EAP) … Continued
On October 27, 2020, the Internal Revenue Service (IRS) announced the 2021 Flexible Spending Account (FSA) dollar limits. For 2021, there will be no change to the amount that an … Continued
Many employee benefits are subject to annual dollar limits that are periodically updated for inflation by the IRS. The following commonly offered employee benefits are subject to these limits: High … Continued
Just like trick-or-treating, every October brings a Society of Actuaries (SOA) update to their mortality improvement scale MP series. This year’s iteration, MP-2020, is not paired with a new base … Continued
On October 2, 2020, the Internal Revenue Service (IRS) issued Notice 2020-76 that extends the 2020 Section 6055 and 6056 filing date from February 1, 2021 to March 2, 2021, … Continued
On September 24, President Trump issued an executive order pertaining to his national health care plan, the America First Health Care Plan. The executive order primarily focuses on individuals with … Continued
In March 2020, President Trump signed into to law the Families First Coronavirus Response Act (FFCRA) due to the coronavirus pandemic. A portion of the law, the Employee Paid Sick … Continued
In March 2020, the Department of Labor (DOL) issued a joint employer rule, which has been in part, struck down by the federal court. In its ruling, the federal court … Continued
The coronavirus pandemic has led to employers having many questions and concerns as they begin to plan to return employees back to their workplaces. Keeping up with the multitude of … Continued