PayrollOrg

AUGUST 28, 2023

The IRS has announced an administrative transition period to extend until 2026 the new requirement that additional elective deferrals made by higher-income participants in retirement plans be designated as after-tax Roth contributions.

Retirement Plan 104

Retirement Plan Taxes 104

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!

Employee Benefits 96

Employee Benefits Retirement Plan 96

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) 192

401(k) Finance Taxes Media 192

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

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

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

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 78

warehousing Manufacturing Government Employment 78

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

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 192

Finance Management IT 192

HR Digest

OCTOBER 17, 2024

The organization has decided not to pursue immediate restructuring plans and will execute these cuts over time, extending midway through 2026. The Airbus job cuts will affect 2,500 employees who represent around 7% of the workforce in its second-largest division and 1.7% of its workforce overall.

IT 111

IT 111

Employee Benefits

JUNE 3, 2024

It was calculated using the average of forecasts from the Bank of England and the Office for Budget Responsibility for 2024-25, 2025-26 and 2026-27. The policy stated that the 9.3% increase, which consists of three lots of 3% rises, is comparative to forecast 5.7% inflation rates over the next three years.

Government 59

Government Banking Finance Recruitment 59

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 65

Health Insurance Insurance Electronics Medical 65

Employee Benefit News

JANUARY 12, 2024

Ultimately, firm-wide headcount will decline by 60,000 jobs to 180,000 by the end of 2026.

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Snell & Wilmer Benefits

MAY 31, 2024

The increased catch-up contribution limit for eligible participants is the greater of: (a) $10,000, subject to cost-of-living adjustments starting in 2026; or (b) 150% of the limit in effect for 2024 (i.e., Roth catch-up rule for certain high-earning individuals, which the IRS delayed to 2026. What is the increased limit?

401(k) 52

401(k) Payroll Taxes Employee Benefits 52

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

HR Digest

OCTOBER 29, 2024

Salary cut at VW Volkswagen also plans to cut salaries at the brand by at least 10% and freeze pay in both 2025 and 2026, Cavallo said. This is as VW faces severe pressure from high energy and labor costs, stiff Asian competition, weakening demand in Europe and China and a slower-than-expected electric transition.

Salary 97

Salary Management IT 97

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

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).

Insurance 83

Insurance Medical IT 83

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.

Paid Leave 105

Paid Leave Bonuses Salary Employee Benefits 105

HR Digest

OCTOBER 16, 2024

In 2026, the minimum wage for all employees will go up to $18 per hour. In 2026, this will be standardized at $17 per hour. Employers with 25 employees or lower will be expected to pay workers $17 per hour. If Californians do not approve the minimum wage hike to $18 per hour, the minimum wage for all employees will stand at $16.50

Food 52

Food Healthcare Employment IT 52

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

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.

Government 105

Government Retail Construction Health 105

Employee Benefits

JULY 18, 2024

The accreditation runs until February 2026, after which the forces must submit further evidence to demonstrate their continued commitment to unpaid carers.

Employee Benefits 59

Employee Benefits Employment Management IT 59

Employee Benefit News

FEBRUARY 15, 2023

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Healthcare 66

Healthcare 66

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

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

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

Employee Benefits

MARCH 7, 2024

We are very much on track to deliver our bold five-year growth plan to double sales by 2026 and to have significantly more than 3,000 shops in the UK over the longer term.”

Bonuses 59

Bonuses Pension Benefit Manufacturing Pension 59

Employee Benefits

NOVEMBER 28, 2023

Unite will also work with Brake Brothers on its proposals to invest an additional £10 million to extend the Newhouse facility by 50,000 square feet in 2026, which will enable further growth and could see the creation of up to 100 new jobs. The deal includes a £300 December bonus and access to an attendance bonus of £750.

Bonuses 59

Bonuses Construction Food Employee Benefits 59

InterWest Insurance Services

APRIL 9, 2024

Until further research and analysis of payroll and claims are conducted in 2026, these new food and beverage classifications will be combined for rate-making purposes and will have the same advisory pure premium rate. Five of these six classifications are part of the new Food and Beverage Service Industry Group.

Food 52

Food Workers’ Compensation Payroll Insurance 52

Employee Benefits

APRIL 17, 2024

In order to combat its gaps, Salesforce has appointed a vice president of equality strategy in the Europe, Middle East and Africa region and a dedicated UK equality partner, and also introduced a multi-year gender goal to reach 40% women-identifying and non-binary employees globally by the end of 2026.

Bonuses 59

Bonuses Software Employee Benefits IT 59

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

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 76

Medical Construction Retail Employment 76

Employee Benefits

NOVEMBER 15, 2023

It’s also the latest step in our ambition to be leading in our sector on diversity, equity and inclusion by 2026. Gender should never be a barrier to spending time with your new child, particularly during those first few months, which are so important for those welcoming new family members.”

Parental Leave 59

Parental Leave Insurance Employee Benefits IT 59

Proskauer's Employee Benefits & Executive Compensa

AUGUST 28, 2023

Next steps for plan sponsors and employers : Although Notice 2023-62 offers some much needed breathing room for plan sponsors and employers, given the complexity of system administration, efforts should continue toward a January 1, 2026 implementation date.

Taxes 52

Taxes Employment 401(k) 52

WEX Inc.

NOVEMBER 21, 2024

trillion in 2026. The future of digital payments is here, and that future is virtual cards. One study found that virtual card transactions globally are expected to increase from $1.9 trillion in 2021 to $6.8

Taxes 52

Taxes Electronics Hospitality Consulting 52