In Notice 2019-59, the IRS highlighted the following adjustments taking effect on Jan. 1, 2020, for 401(k), 403(b) and most 457 plans: Defined Contribution Plan Limits 2020 2019 Change Maximum employee elective deferral $19,500 $19,000 +$500 Employee catch-up...
The University of Rochester Medical Center (URMC) has agreed to pay $3 million to the Office for Civil Rights (OCR) at the U.S. Department of Health and Human Services (HHS), and take substantial corrective action to settle potential violations of the Health Insurance...
Ghosting may be on the rise, but employers can take steps to protect themselves from disappearing candidates. As the unemployment rate in California remains low, a new phenomenon in recruiting and hiring is taking hold. Called “ghosting,” this term is most common in...
A payroll company, MyPayrollHR, based in upstate New York, has vanished with nearly $35 million in payroll funds from its customers, leaving thousands of employees missing their pay but also not forwarding payroll taxes to the government for the employers. This...
HIPAA compliance for employers is a complicated and nuanced topic. No employer group is the same when it comes to supplying health benefits to their employees. Smaller employers (fewer than 50 lives) usually outsource the day-to-day administrative tasks to...
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