Archive for the ‘Benefits’ Category

IRS: Plan Now to Use Health Flexible Spending Arrangements in 2018

The Internal Revenue Service is reminding eligible employees that now is the time to begin planning to take full advantage of their employer’s health flexible spending arrangement (FSA) during 2018. FSAs provide employees a way to use tax-free dollars to pay medical expenses not covered by other health plans. Because eligible employees need to decide […]

17 Nov 17 - Benefits - HRWatchdog - No CommentsRead More »

2018 401k Contribution Limits Rise

The Internal Revenue Service (IRS) announced cost of living adjustments affecting 401(k) pension plans and other retirement-related items for tax year 2018 — including an increase in the amount employees can contribute to their 401(k) plans. Some pension plan limitations, including those governing 401(k) plans, changed this year because the increase in the cost-of-living index met […]

20 Oct 17 - Benefits - Gail Cecchettini Whaley - No CommentsRead More »

Unemployment Assistance Benefits Available for Workers Affected by Wildfires

Federal Disaster Unemployment Assistance (DUA) benefits are now available for workers and self-employed individuals who lost jobs or had work hours substantially reduced as a result of the devastating California wildfires (Butte, Lake, Mendocino, Napa, Nevada, Orange, Sonoma and Yuba counties). Governor Edmund G. Brown Jr. announced and the California Employment Development Department (EDD) confirmed […]

18 Oct 17 - Benefits - Gail Cecchettini Whaley - No CommentsRead More »

DWC Announces Temporary Total Disability Rates for 2018

California’s Division of Workers’ Compensation (DWC) announced that the minimum and maximum temporary total disability (TTD) rates will increase on January 1, 2018: The minimum TTD rate will increase to $182.99 per week (from $175.88 per week); and The maximum TTD rate will increase to $1,215.27 per week (from $1,172.57 per week). California Labor Code […]

23 Jun 17 - Benefits, Workers' Compensation - Gail Cecchettini Whaley - No CommentsRead More »

IRS Announces 2018 Health Savings Account Limits

Health Savings Accounts (HSAs) are pre-tax accounts available to individuals covered under a high-deductible health plan. Eligible individuals can accumulate money, tax-free, in HSAs to pay for qualified medical expenses in the face of rising health insurance costs. The IRS announced the annual limits for HSA contributions for 2018. These limits are indexed for inflation and released […]

11 May 17 - Benefits - Gail Cecchettini Whaley - No CommentsRead More »