2022 Health FSA Limit Increase
The IRS released Revenue Procedure 2021-45 (Rev. Proc. 21-45), which permits the following increases for health FSAs for plan years beginning in 2022: $2,850 Contribution limit ($100 increase from the 2021 health FSA limit) $570 Carryover limit, for FSAs with a...
DOL Expands Heat Measures, OSHA Standard Development Underway
From 2011-2019 an average of 38 people per year died of heat related illnesses and for others affected by heat illness, an average of 2,700 days away from work were required to overcome the affects. On Sept. 20, 2021, The US Department of Labor (DOL) announced...
Compliance ✔- President Biden Announces COVID-19 Vaccine Mandates for Federal Employees and Large Employers
On Thursday, Sept. 9, 2021, President Joe Biden signed executive orders requiring federal workers and contractors to get vaccinated against COVID-19. Biden also directed the Occupational Safety and Health Administration (OSHA) to draft a new emergency rule requiring...
OSHA Developing Private Sector Emergency Temporary Standard for COVID-19
On Sept. 9, 2021, President Biden announced that the Occupational Safety and Health Administration (OSHA) is developing an emergency temporary standard (ETS). The new ETS will require private-sector employers with 100 or more employees to ensure their workforce is...