2025 Federal Poverty Level Announced: Impact on ACA Affordability
Recently, the 2025 federal poverty level (FPL) was announced as $15,650 (up from $15,060 in 2024). The annual FPL will...
Sequoia One PEO Guidance
Updated: New York Paid Prenatal Leave Guidance Released Ahead of January 1, 2025 Effective Date
Beginning on January 1, 2025, New York employers must start providing employees with 20 hours of paid prenatal leave. The New York State ...
New PCORI Fee Announced for Plan Years Ending Before October 1, 2025
The IRS recently released Notice 2024-83, which outlines the Patient-Centered Research Institute (PCORI) fee rate for plan years ending on ...
Roundup of Paid Sick Leave Updates: Connecticut, California and Massachusetts
Paid Sick Leave laws enable covered employees to take paid time off to obtain medical care for themselves or a ...
Election Impact: Employee Benefits Rundown
With an administration change upon us, there is potential for impact and change to the employee benefits industry. As of ...
Alaska, Missouri, and Nebraska – Paid Sick Leave Coming Soon
There are currently 19 states plus Washington D.C. that offer mandated paid sick leave or paid time off to employees. ...
DOL Confirms Cybersecurity Guidance Applies to All ERISA Plans
On September 6, 2024, the U.S. Department of Labor (DOL) issued a Compliance Assistance Release No. 2024-01 confirming that prior cybersecurity ...
California Imposes New Requirements on Companies Hiring Independent Contractors
On September 28, 2024, California Governor Gavin Newsom signed into law Senate Bill 988, “The Freelance Worker Protection Act” (FWPA),...
New IRS Guidance Impacts Preventative Care & Pre-tax Benefits
Recently, the IRS issued guidance in IRS Notice 2024-71 and IRS Notice 2024-75 expanding (1) expenses treated as amounts paid for ...
CMS Final Rules on Civil Monetary Penalties for Medicare Secondary Payer Reporting to be Applied on or after October 11, 2024
The Centers for Medicare and Medicaid (CMS) issued Final Rules on how and when civil monetary penalties may be imposed ...
California Makes Changes to State Disability Insurance and Paid Family Leave
On September 28, 2024, California Governor Gavin Newsom approved SB 1090, which makes changes to California state disability insurance (SDI) and paid family ...
California Mandates Infertility & IVF Coverage
On September 29, 2024, California Governor Gavin Newsom signed bill SB 729 into law, which requires fully insured, large group health plans to ...