Archive for the ‘Benefits’ Category

CalSavers Registration Begins July 1

In 2016, the California Legislature passed a bill that laid the foundation for a state-run retirement plan, and in 2018, the final governing regulations were adopted. Eligible employers can begin to register for the CalSavers Retirement Savings Program (CalSavers) on July 1. CalSavers is a retirement savings program for private-sector workers whose employers don’t offer […]

19 Jun 19 - Benefits - Erika Pickles - No CommentsRead More »

IRS Announces 2020 Health Savings Account Limits

The Internal Revenue Service (IRS) announced the annual limits for Health Savings Accounts (HSAs) for 2020. 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. The HSA limits, which are indexed for inflation every year, will increase […]

31 May 19 - Benefits - Erika Pickles - No CommentsRead More »

Lump Sum Vacation May Have Employers Taking Their Lumps

I want my employees to have 10 days of vacation each year, but I don’t want them to have to wait to use it while it accrues. Can I just give them a lump sum of 10 days of vacation at the beginning of each year? In 1982, the California Supreme Court issued its decision […]

8 Jan 19 - Benefits, Time Off - HRWatchdog - No CommentsRead More »

EEOC Rescinds Financial Incentive Rules for Wellness Programs in 2019

The new year brings a major change that affects employer wellness programs – the EEOC is rescinding regulations under the Americans with Disabilities Act (ADA) and the Genetic Information Nondiscrimination Act (GINA) relating to the use of financial incentives in employer-sponsored wellness programs. The EEOC published notices in the Federal Register on December 20, 2018 […]

3 Jan 19 - Benefits - Erika Pickles - No CommentsRead More »

State-Run Retirement Savings Plan OK’d, Mandatory Enrollment Coming in 2020

California employers that don’t already offer a workplace retirement savings vehicle will be required to either begin offering one via private market or provide their employees access to CalSavers, a state-run retirement savings plan, as early as June 2020. The CalSavers pilot program is open for employers to enroll; however, mandatory enrollment and contributions don’t […]

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