Employee Benefit News

MARCH 21, 2025

As inflation cools, Social Security's annual cost-of-living adjustment is projected to decline in 2026. Seniors say the benefit bump won't be enough.

Retirement Plan 182

Retirement Plan 182

Patriot Software

JULY 21, 2023

Beginning in 2026, Minnesota employers will be responsible for handling payroll deductions for the new Minnesota paid family leave program. The Land of 10,000 Lakes is the latest state to launch a paid family and medical leave program. The upcoming MN paid family leave means employers and employees pay into a state fund.

Deductions 75

Deductions Deductible Payroll Medical 75

Flimp Communications

DECEMBER 5, 2024

Your pre-open enrollment messaging might include topics such as: Changes to your company’s health plans for 2026 New options for voluntary benefits How to discuss healthcare needs with family members Assessing your healthcare usage Plan Your Year-Round HR Comms Strategy With a Free 12-Month Calendar Five months down, seven more to go.

Healthcare 105

Healthcare Taxes Voluntary Benefits PTO 105

HR Digest

MARCH 1, 2025

It could be late 2025 at best, or early 2026 more likely. The Senates version of the budget, which is reportedly leaner, also needs reconciling with the Houses budget. This is a process that could stretch for months. For now, the no tax on overtime state date is a moving target.

Overtime 111

Overtime Taxes IT Payroll 111

Money Talk

MAY 31, 2023

Nobody has a crystal ball, but we know that tax rates will rise starting in 2026 when the Tax Cuts and Jobs Act expires. Successful investors ride through down markets, stick with a disciplined long-term plan, and control two things: fees (e.g., low expense ratios) and how they react to market downturns. Make less income and 2.

Finance 246

Finance Taxes Pension Education 246

Money Talk

APRIL 12, 2023

As a result, tax rates (applied to converted IRA dollar amounts) are scheduled to increase in 2026. Roth Conversions - Between now and the end of 2025 is a good time to do Roth conversions (e.g., convert a traditional IRA to a Roth IRA) because the Tax Cuts and Jobs Act was “time-boxed.” Financial knowledge is power.

Banking 246

Banking Taxes Finance Pension 246

Employee Benefits

AUGUST 7, 2024

Credit: Hyejin Kang/Shutterstock Need to know: Employers should start planning now for the P11D changes to the reporting and paying of tax and Class 1A national insurance contributions (NICs) on benefits in kind, to ensure a smooth transition to the new system in April 2026. The post Are reward professionals ready for the 2026 P11D changes?

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Payroll System Taxes Payroll Take Home Pay 59

HR Digest

JANUARY 20, 2025

The company announced its intention to go on a cost-cutting mission last year, with an aim to simplify the business significantly by the end of 2026, so the news of the job cuts doesn’t come as a surprise. billion pounds) in savings it planned to ensure by the end of 2026. This was a quarter of the $2 billion (1.6

Employment 52

Employment IT 52

Wellable

AUGUST 21, 2019

A study by Transparency Market Research predicts that the global market for corporate wellness services will grow 9% annually between 2018 and 2026 to $61.7 Corporate wellness programs are growing, not just in the United States, but around the world, and the forecast is for that trend to continue. billion, up from $29.3 billion in 2017.

Employee Wellness 53

Employee Wellness 53

Workplace Insight

MAY 23, 2024

The new instalment of Pearson’s Skills Outlook series, ‘Reclaim the Clock: How Generative AI Can Power People at Work’ – looks ahead to 2026 and claims too identify the top 10 job tasks with the most time saved by using the technology, in five countries (Australia, Brazil, India, UK and US).

Technology 52

Technology Medical Education Employment 52

Money Talk

DECEMBER 21, 2023

Income taxes are headed higher in 2026 if Congress does not pass a new tax law and the 2017 Tax Cuts and Jobs Act expires. Workplace Roth Accounts - Effective January 1, 2024, no required minimum distributions (RMDs) are required from workplace Roth accounts (e.g., 401(k), 403(b), 457b, and TSP).

401(k) 194

401(k) Finance Taxes Media 194

3Sixty Insights

OCTOBER 3, 2024

We touched on the need to rethink the traditional 40-hour work week, which, as it approaches its 100th anniversary in 2026, is long overdue for retirement—especially in many modern professions. Michelle and I had a great conversation about the outdated work structures that are affecting both employee experience and productivity.

Technology 128

Technology IT Employment Management 128

Money Talk

JUNE 13, 2024

Finally, it is not too early to begin thinking about income taxes in 2026, when the Tax Cuts and Jobs Act (TCJA) is set to expire. If Congress does not extend the TCJA or pass a new tax law before January 1, 2026, 2017 tax rules will apply, indexed for inflation. As a result, there will be an increase in tax rates (e.g.,

Taxes 125

Taxes 401(k) Retirement Plan Health Savings Account 125

WEX Inc.

DECEMBER 18, 2024

Key dates March 15, 2026: FSA grace period ends for the 2025 plan year, allowing additional time for eligible expenses. Key dates October 3, 2025: Distribute QSEHRA notices to employees 90 days before the start of the 2026 plan year. Employers must communicate these deadlines clearly to employees.

Family and Medical Leave Act 52

Family and Medical Leave Act Flexible Spending Account Flexible Spending Insurance Carriers 52

McDermott Will & Emery Employee Benefits

AUGUST 28, 2023

Act until at least 2026. Specifically, the announcement provides that, until 2026, catch-up contributions will satisfy the requirements under SECURE […] The post There’s a Party Going on Right Here! Roth Catch-Up Change Delayed Two Extra Years!

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Employee Benefits Retirement Plan 96

Money Talk

MAY 16, 2024

Barbservations) of exit mode thinking that I have recently observed: Moving Out- Residents of my 55+ community are getting increasingly concerned about the looming handover of management from the developer to a resident-run homeowners association in late 2026 or 2027. Here are two examples (i.e.,

Finance 149

Finance Management IT 149

Money Talk

APRIL 14, 2022

Roth IRA Conversions - Taxpayers concerned about rising tax rates (their own or the government’s) might want to convert money in a traditional IRA to a tax-free Roth IRA before tax rates are set to rise in 2026. Since traditional IRA withdrawals are taxable, consider making small, partial conversions over several years (e.g.,

Taxes 189

Taxes Family and Medical Leave Act 401(k) Deductions 189

Darwinbox

MAY 20, 2022

In an effort to achieve total digital transformation by 2026, Labaid Ltd. Diagnostics) and Labaid Cancer Hospital & Super Specialty Center, a part of Bangladesh’s Labaid Group, have partnered with us to supercharge HR operations and workforce management for their 2000+ employees.

Hospitality 98

Hospitality Management 98

InterWest Insurance Services

NOVEMBER 8, 2022

1, 2026, it applies to all licensed contractors or applicants for licensure, regardless of classification, unless they are organized as a joint venture and file a certificate of exemption from workers’ compensation. 1, 2026, it finds a contractor had employees and did not have comp coverage. Tree service contractors (D-49).

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Insurance Medical IT 98

InterWest Insurance Services

JULY 16, 2024

19, 2026, while those that evaluate mixtures will have to comply by July 19, 2027. Second: Other employers will have to comply six months after those dates: July 19, 2026 for those that handle, store or use substances, and Jan. 19, 2028 for mixtures.

warehousing 97

warehousing Manufacturing Government Employment 97

Employee Benefits

MAY 24, 2024

The initiative is part of its plans to triple its investment in environmental sustainability by 2026 and its aims to spend more than $1.4 The annual KPI is an emission reduction target that includes measuring emissions from production sites, hubs, offices, Lego brand retail stores, company cars and business travel. billion (£1.1

Bonuses 105

Bonuses Salary Retail Employee Benefits 105

InterWest Insurance Services

FEBRUARY 1, 2024

What the new rule does Starting in 2026: Insurers will be required to approve or deny an urgent prior authorization request for medical items and services within 72 hours of receipt. The takeaway The new rule does not take effect until 2026 to give insurers and other payers more time to put in place API systems that can expedite the process.

Health Insurance 92

Health Insurance Insurance Electronics Medical 92

Employee Benefits

NOVEMBER 17, 2022

In addition, the employment allowance will be retained at a higher level of £5,000 until March 2026. Chancellor of the exchequer Jeremy Hunt told the House of Commons in his autumn budget that the freeze would continue to April 2028.

Government 105

Government Insurance Taxes Recruitment 105

Workers' Compensation

DECEMBER 29, 2024

CMS is likely to review and adjust it for 2026 based on updated cost analysis and recovery data. Stakeholders can continue to use established practices for handling settlements below this amount while ensuring proper reporting and repayment for larger settlements. This threshold will remain in effect throughout 2025.

Workers’ Compensation 52

Workers’ Compensation Medical Insurance IT 52

McNees

MAY 25, 2022

Employer contributions begin on January 1, 2025, and eligible employees will be permitted to take leave beginning on January 1, 2026. Eligible employees will receive 80% of their average weekly wage, with a minimum weekly benefit of $100 and a maximum weekly benefit of $900 for 2026 and 2027.

Paid Leave 105

Paid Leave Parental Leave Deductions Deductible 105

Employee Benefits

SEPTEMBER 20, 2023

The organisation will also further strengthen its aim of gender diversity by targeting more than 35% of women in senior leadership roles by 2026, and is committed to being a responsible employer of choice by embedding a performance and accountability focused culture and increasing its employee engagement score.

Finance 105

Finance Employee Benefits Employment IT 105

HR Digest

MARCH 12, 2025

If no tax on overtime starts in California, implementation might align with the 2025-2026 fiscal year. The federal spending bill passed on February 27, 2025, proposed a no-tax-on-overtime framework, but California hasnt yet adopted it. This means starting July 1, 2025, though thats speculative until lawmakers act.

Overtime 66

Overtime Taxes Health Payroll 66

Employee Benefits

DECEMBER 7, 2023

Decided with the Unitary Trade Union Representation, FIOM CGIL and FIM CISL, the draft agreement for the years 2023-2026 sets out new work models that will not impact starting pay to be implemented initially on an experimental basis.

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Paid Leave Bonuses Salary Employee Benefits 105

Workplace Insight

MAY 17, 2024

With land purchase anticipated to be finalized next year, construction is set to begin in 2026. The Manchester Digital Campus is also seen as an opportunity to tap into the city’s rich pool of talent, further propelling the Civil Service’s transformation journey.

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Government Retail Construction Health 105

Workplace Insight

JUNE 13, 2024

A group of researchers has published a paper which says that high-quality language data that can be used to train GenAI will be exhausted by 2026. When it comes to the written word, we face other problems, notably the fact that there may be no new material with which to train AI very soon.

Entertainment 111

Entertainment Technology IT 111

Workplace Insight

MAY 16, 2024

This includes plans to acquire over 20,000 advanced GPUs by 2026 and significantly expand their data centre footprint in the country. Microsoft has pledged to play a role in addressing these challenges. They’ve announced a £2.5 billion investment in skills, security, and data centre infrastructure in the UK.

Engineering 98

Engineering Commissions Technology Finance 98

InterWest Insurance Services

APRIL 13, 2023

The goal of the proposed rule, which would take effect in 2026, is to reduce the bureaucracy around prior authorizations and cut wait times for responses that some providers say sometimes take weeks to get approved.

Insurance 97

Insurance Pharmaceutical Electronics Health Insurance 97

Proskauer's Employee Benefits & Executive Compensa

DECEMBER 15, 2023

(Reminder: the IRS granted a 2-year “administrative transition period” for the Roth catch-up requirement described in more detail here , which will now be required starting in 2026). The technical corrections bill changes the effective date for the 10% ceiling rate cap for non-safe harbor plans to plan years ending before January 1, 2026.

401(k) 98

401(k) Retirement Plan Education Finance 98

Proskauer's Employee Benefits & Executive Compensa

JANUARY 16, 2024

The following amendment deadlines now apply: For plans other than collectively bargained plans, the deadline is December 31, 2026. For all other collectively bargained plans, the deadline is December 31, 2026.

401(k) 111

401(k) Taxes Retirement Plan Employment 111

Workplace Insight

MAY 20, 2024

A KPMG report found last year that two-thirds of CEOs envisage a full return to in-office work by 2026, right now though it is about finding a golden middle that works for both businesses and employees. Of the 2,000 UK workers we surveyed, a quarter are already required to attend the office five days a week.

Media 118

Media IT 118

InterWest Insurance Services

MARCH 12, 2024

AB 1976: Authored by Assemblyman Matt Haney (D-San Francisco), this bill would require first aid kits on job sites to include Narcan. It would require the Standards Board to draft enabling regulations by Dec. It would not require Cal/OSHA to create new regulations as the measure is aimed at helping members of the public.

Medical 97

Medical Construction Retail Employment 97

Employee Benefits

AUGUST 7, 2024

However, mandating payrolling of BIKs was introduced by a previous government; will Labour agree and pursue an implementation date of April 2026? They need to be mindful that they cannot payroll living accommodation and beneficial loans just yet, so would still need to report these two benefits on a P11D in 2025/2026 tax year.

Employment 59

Employment Payroll Software Payroll Taxes 59