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2022 Retirement Contribution Limits for 401K and IRA Plans
The Internal Revenue Service (IRS) has released Notice 2021-61, containing cost-of-living adjustments for 2022 that affect retirement contribution limits for employee 401(k) plans and individual retirement accounts (IRAs). 2022 401K and IRA Contribution Increases The...
Rules Published for Mandatory COVID-19 Vaccine and Testing for Larger Employers
Note: After an appeals court temporarily blocked the mandated vaccination and testing regulations, the 6th Circuit Federal Court of Appeals reinstated the Occupational Safety and Health Administration’s (OSHA) federal emergency temporary standard (ETS) for COVID-19 on...
What is the 2022 Minimum Wage in New York?
2022 New York State Minimum Wage Rates Become Effective On Dec. 31, 2021 On Sept. 22, 2021, the New York Department of Labor (NYDOL) announced the state’s two minimum wage rates will increase on Dec. 31, 2021. The rate for Nassau, Suffolk, and Westchester counties...
Are Your Health Benefits Too Complex for Your Employees?
Complex Health Benefits Can Hinder Employee Productivity and Morale Health care is rarely straightforward for the average consumer. Many individuals need help making sense of their options both during open enrollment and when receiving health services. In fact, 8 out...
