Archive for the ‘Benefits’ Category

HSA Limits Changed

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 annual limits for HSA contributions are indexed for inflation and released annually by June 1 for […]

16 Mar 18 - Benefits - Erika Pickles - No CommentsRead More »

Unemployment Benefits Available for Workers Affected by Southern California Wildfires and Mudslides

Federal Disaster Unemployment Assistance (DUA) benefits are now available for workers, business owners and self-employed individuals who lost jobs or had work hours substantially reduced as a result of the wildfires and associated flooding, mudslides and debris flows in Los Angeles, San Diego, Santa Barbara and Ventura counties. DUA provides temporary unemployment benefits to people […]

19 Jan 18 - Benefits - Gail Cecchettini Whaley - No CommentsRead More »

State-Run Retirement Draft Regulations Exclude Critical Instructions for Employers

Draft regulations for the new state-run retirement savings program, Secure Choice, leave out critical instructions to help employers understand their obligations, the California Chamber of Commerce explained during a recent workshop in Sacramento. The regulatory process is intended to create accountability for the agency and transparency to the public. The absence of those instructions will […]

18 Dec 17 - Benefits - HRWatchdog - No CommentsRead More »

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 »