Category: Benefits
Health Savings Account (HSA) Limits Increase for 2024
In 2024, the Health Savings Account (HSA) limits, which are indexed for inflation every year, will increase, per the Internal Revenue Service (IRS). HSAs are…
EDD Updates Work Sharing Program Website, Resources
The California Employment Development Department (EDD) has updated its Work Sharing Program website, offering additional resources for employers interested in applying for the program as…
2023 FSA, HSA, Retirement Plan Contribution Limits
It’s that time again — the Internal Revenue Service (IRS) has released the 2023 annual inflation adjustments for health flexible spending arrangements (FSAs) and health…
California’s Streamlined Work Sharing Program Process Is Permanent
Initially a temporary fix to a COVID-19-related economic slowdown, the Employment Development Department’s (EDD) online, streamlined Unemployment Insurance (UI) Work Sharing program process is officially…
CalSavers Small Business Deadline Is June 30
By June 30, 2022, small businesses with five or more employees that don’t offer a qualified retirement plan must register with CalSavers — a retirement…
Lower Base Period Wages Can Affect Expected Disability Benefits
A fairly new employee is out on a medical leave and receiving state disability insurance, but the weekly benefit she’s getting is far less than…
California Legislature Proposes COVID-19 Supplement Sick Leave for 2022
In 2021, the California Legislature passed a paid sick leave law that supplemented the existing state paid sick leave law — it required employers with…
Court Ruling on CalSavers Means Employers of 50> Face Deadline
What is the status of the legal challenge to the CalSavers program? Do employers still need to register? The Howard Jarvis Taxpayers Association (HJTA) and…
Employee Quitting Due to COVID May Still Collect Unemployment
I have several employees who have quit for COVID-19-related reasons, including lack of child care and fear of being in the workplace. Why are they…
401(k) Contribution Limits Stay the Same in 2021
The Internal Revenue Service (IRS) has released guidance on cost-of-living increases to the income ranges for determining individual retirement account (IRA) and Roth IRA contribution eligibility, and…
