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2024 HSA Limits on Contributions Increase 7%

May 17, 2023

The IRS has released Revenue Procedure 2023-23 notifying Health Savings Account owners of the funding and deductible limits effective January 1, 2024. The Department of Treasury is reacting to continued...

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New Paid Family Leave Rate for 2022

September 01, 2021

The New York State Department of Financial Services released the 2022 rate for Paid Family Leave (PFL). The State is retaining the 2021 rate of 0.511% of covered wages up...

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2022 HSA Contribution Limits

May 17, 2021

  The IRS has released Revenue Procedure 2021-25 notifying Health Savings Account owners of the funding and deductible limits effective January 1, 2022. Annual HSA Contribution Limits Single – $3,650 ($50...

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COVID Relief: COBRA Subsidies Update #2

April 16, 2021

Department of Labor (DOL) guidance has begun to be released regarding the COBRA Subsidies included in the American Rescue Plan Act. Despite the subsidies being effective April 1st, the DOL...

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COVID Relief: COBRA Update

March 17, 2021

On March 11, 2021 President Biden signed the American Rescue Plan Act. Included in the Act are substantial temporary changes to COBRA, the ability to extend employer-based coverage. Federal COBRA...

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COVID-19 Employer Update

November 12, 2020

If you’ve been watching the news (and let’s face it, you have) you can’t miss the fact that COVID-19 infections and hospitalizations are increasing not just locally but around the...

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