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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-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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2021 HSA and FSA Limits

October 28, 2020

The IRS has released both the Health Savings Account (HSA) limits and the Flexible Spending Account (FSA) limits for 2021.  These were distributed in Revenue procedures 2020-32 and 2020-45, respectively. ...

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NYS Sick Leave Law Reminder

September 02, 2020

News outlets throughout New York State have been reporting on the implementation of the Paid Sick Leave law that was created in a three-way agreement with the Governor and New...

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NYS Paid Family Leave Rate Increase

September 02, 2020

The New York State Department of Financial Services has released the 2021 Paid Family Leave premium amount, which is more than double last year’s rate. Moreover, the rate is now...

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NYS Reduces Premium Rate Requests for 2021

August 28, 2020

The New York State Department of Financial Services (DFS) recently posted a press release, “DFS ANNOUNCES 2021 HEALTH INSURANCE PREMIUM RATES, PROTECTING CONSUMERS DURING COVID-19 PANDEMIC,” in which it makes...

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