Category

Legislation Updates

IRS Releases 2024 Benefit Plan Limits

The Internal Revenue Service recently released the 2024 benefit plan limits in the Internal Revenue Code. These updates were based on the annual cost-of-living adjustments. The new limits take effect on Jan. 1, 2024. Employers should update their Summary Plan Descriptions and other materials highlighting the annual dollar limits. For assistance on updating your documents and communicating this new information with yo
Read More

Breaking down employer record retention requirements

Collecting and keeping track of various paperwork and records can cause confusion for many employers. Federal laws, such as the Federal Insurance Contributions Act (FICA), the Fair Labor Standards Act (FLSA) and the Equal Pay Act (EPA), impose firm record-keeping duties on employers. These recordkeeping duties require employers to create and keep certain information related to their compliance with federal laws. Belo
Read More

What employers need to know about the PWFA and PUMP Acts

The Pregnant Workers Fairness Act (PWFA) and the Providing Urgent Maternal Protections for Nursing Mothers Act (PUMP Act) were expanded to include more protections for employees who lactate. These new provisions affect all workplaces in the U.S. and are now in effect. The PUMP Act applies to all businesses with more than 50 employees. Companies with fewer than 50 employees are also affected unless the business can pr
Read More