Compliance Considerations When Offering COBRA Subsidies
Due to the shifting economic climate, some companies may be contemplating layoffs or reductions in force (RIFs) and whether to...
Latest Posts
Webinar Recap: Setting Personal and Career Goals During Uncertain Times
This January, Sequoia kicked off its 2023 Wellbeing Calendar program with a focus on “Starting the Year SMART”. It’s natural ...
[Updated]: Get Ready for State-Mandated Disability and Paid Family & Medical Leave in 2023
As 2023 approaches, employers should update employee payroll deductions (and any applicable employer contributions) with the 2023 rates for state-mandated short-term disability (...
Student Loan Legislation: What Employers Need to Know
Student loan legislation continues to evolve, impacting both employers and employees with student loan debt. In this blog, we address ...
DOL Proposes Changes to its Voluntary Fiduciary Correction Program for 401(k) Plans
On November 21, 2022, the Department of Labor (“DOL”) released proposed changes to its Voluntary Fiduciary Correction Program (“VFCP”), which is a ...
SECURE Act 2.0 of 2022: A Round-Up of New Retirement Plan Provisions
On December 29, 2022, President Joe Biden signed the $1.65 trillion omnibus spending bill, officially called the Consolidated Appropriations Act of 2023,1 into law.
Pay Disclosure Law Updates: California & Washington State Issue Clarifying Guidance & New York State Passes New Requirements
As previously discussed, the beginning of 2023 brings significant pay disclosure requirements in California and Washington state. Both states recently issued ...
Colorado and Oregon Updates on Non-COVID Sick Leave
At the outset of COVID-19, many states put sick leave laws into place specifically for absences due to COVID-19, while ...
New IRS Requirements for 401(k) Plan Discretionary Matching Contributions
Every six years, the Internal Revenue Service (IRS) requires most retirement plans to update their plan documents to comply with ...
[Updated]: IRS Releases Proposed Regulations that Extend the ACA Reporting Form Distribution Deadline and Eliminate Good Faith Relief
IRS Releases Proposed Regulations that Extend the ACA Reporting Form Distribution Deadline and Eliminate Good Faith Relief