Money Talk

APRIL 12, 2023

As a result, tax rates (applied to converted IRA dollar amounts) are scheduled to increase in 2026. Widowhood Challenges - Part of many older adults’ later life will be spent living as a single person, but few couples proactively plan for this. One size does not fit all” when it comes to a surviving spouse’s financial needs.

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?

Payroll System 59

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

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.

Technology 128

Technology IT Employment Management 128

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

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. 401(k) plan). As a result, there will be an increase in tax rates (e.g.,

Taxes 125

Taxes 401(k) Retirement Plan Health Savings Account 125

Workplace Insight

MARCH 23, 2023

The new 23-storey building will be delivered in 2026 and will set a new benchmark in the development of life sciences laboratories and workspace. Launched by Canary Wharf Group ten years ago, Level 39 is now home to over 180 start-ups and scaleups innovating in FinTech, Cyber Security, CleanTech, Blockchain, Life Sciences and HealthTech.

Pharmaceutical 97

Pharmaceutical IT Healthcare Medical 97

HR Digest

APRIL 4, 2025

If it clears these hurdles, No Tax on Overtime pay may rollout in late 2025 or early 2026. The proposal aims to let workers keep more of their hard-earned money when they clock in more than the stand 40-hours at work. While its not yet law, its part of a larger tax reform that could affect Virginia if passed at the federal level.

Overtime 52

Overtime Taxes Government Consulting 52

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. It is not legal or tax advice.

Family and Medical Leave Act 52

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

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. This leaves charitable donations as a path to itemizing. Safe Harbor Rule - A previous year tax return (e.g.,

Taxes 189

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

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

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 98

Insurance Medical IT 98

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 Lego is to tie a portion of its salaried employees’ bonus payments to annual emissions from this year. billion (£1.1 billion) on sustainability-related activities.

Bonuses 105

Bonuses Salary Retail Employee Benefits 105

HR Digest

MARCH 12, 2025

If no tax on overtime starts in California, implementation might align with the 2025-2026 fiscal year. Yet, for all its necessity, this overtime pay carries a sting: taxation that scrapes away a chunk of those hard-earned dollars. A Fresno warehouse worker powers through overtime. Where Are We Now? Yet the devils in the details.

Overtime 66

Overtime Taxes Health Payroll 66

Workers' Compensation

DECEMBER 29, 2024

CMS is likely to review and adjust it for 2026 based on updated cost analysis and recovery data. The Centers for Medicare and Medicaid Services (CMS) has announced that it will maintain the current threshold of $750 for workers' compensation settlements in 2025. Let's dive into what this means and how CMS made this decision.

Workers’ Compensation 52

Workers’ Compensation Medical Insurance 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

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

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. million) total wage bill.

Finance 105

Finance Employee Benefits Employment IT 105

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

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. Based on the contents of my inbox, I can tell you that is not yet the case. It is people who are asking for it. It is people who are asking for it. And why wouldn’t they?

Entertainment 111

Entertainment Technology IT 111

Workplace Insight

MAY 17, 2024

With land purchase anticipated to be finalized next year, construction is set to begin in 2026. The Government Property Agency (GPA) has exchanged contracts with Manchester City Council (MCC) to acquire five acres of the former Central Retail Park in Ancoats, paving the way for the construction of the Manchester Digital Campus.

Government 105

Government Retail Construction Health 105

HR Digest

APRIL 22, 2025

per hour in 2026 Some jurisdictions within prominent states are also raising the minimum wage later in 2025. There are efforts by senators to raise the federal minimum wage standard to $17 per hour over the next five years, but the move has faced considerable resistance from various parties. Michigan : Increased to $12.48

Food 52

Food Healthcare Employment IT 52

HR Digest

JANUARY 8, 2023

The law was passed in June 2020 and is expected to have been implemented in June 2026. To confirm their strictness with this law, organizations that fail to reach the appropriate quota by 2026 will eventually pay fines and risk losing certain positions on their boards. It’s a huge risk for organizations not to follow this directive.

Work From Home 111

Work From Home Government Transportation Employment 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. These include increased productivity, improved public services, and the creation of new jobs. Microsoft has pledged to play a role in addressing these challenges. They’ve announced a £2.5

Engineering 98

Engineering Commissions Technology Finance 98

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. How can we make offices valued spaces once again? Adding to this, 27 percent said that they also value wellness spaces (e.g.

Media 118

Media IT 118

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. Approximately one year after Congress enacted the SECURE 2.0 implementation issues and extends the plan amendment deadline.

401(k) 111

401(k) Taxes Retirement Plan Employment 111

HR Digest

FEBRUARY 10, 2024

A report by Go Globe posits that by 2026, up to 1.4 On the surface, the problem looks easy enough to solve with a few training courses or another few rounds of firing and rehiring to find the right talent for the evolving job roles. Unfortunately, the problem is a little more complex than it first appears.

Technology 129

Technology IT 129

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

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 2024-25 Public sector pay policy details a framework for pay increases for civil servants and other public sector workers. They have the option of following it for one, two or three years.

Government 59

Government Banking Finance Recruitment 59

HR Digest

FEBRUARY 15, 2022

According to Gartner , 25% of individuals will spend at least one hour every day in the Metaverse for work, retail, education, social networking, and/or leisure by 2026. Metaverse is now expanding its horizons into other areas such as artificial intelligence (AI) , HR technology , big data analytics , and cloud computing.

Technology 122

Technology Retail Education Construction 122

HR Digest

MARCH 5, 2025

This offers a glimpse into a growing list of states with tax exemption on overtime policies either active or in the works. The current shift is no longer a mere payroll tweak. Its a redefinition of reward in the tight labor market. Alabamas no tax on overtime pay has brought a 5% spike in overtime volunteered since the tax break was introduction.

Overtime 52

Overtime Taxes Payroll Payroll System 52

Employee Benefits

FEBRUARY 17, 2023

With the LTA presently frozen until April 2026 any future increases in the LTA could be modest so you could end up exceeding the Allowance by retirement. As of December 2022, the UK Inflation rate stood at 10.5% and the Lifetime Allowance of £1.073m has effectively lost £112,676 of value in real terms in the last year alone. This includes: 1.

Pension 104

Pension Taxes Pension Benefit Salary 104

Employee Benefits

APRIL 24, 2023

The aim is to replicate the subsidised model in Quebec and guarantee that by 2026, parents pay no more than an average of C$10 a day for childcare,” he says. Childcare in other developed nations is typically subsidised and invested in by governments to a greater extent than it is in the UK.

Parental Leave 111

Parental Leave Government Education Recruitment 111

Bayzat

JANUARY 24, 2022

The global cloud computing market is predicted to grow from $445 billion in 2021 to $947 billion by 2026. The Covid-19 pandemic has accelerated global cloud adoption in industries ranging from financial services and retail to healthcare and education. And this trend is expected to continue over the coming years. The final pillar is payroll.

Payroll 98

Payroll Finance Retail Insurance 98

HR Digest

APRIL 27, 2022

According to the United States Bureau of Labour Statistics, by 2026, demand for skilled data scientists will give a 27.9% As the world drowns in all forms of data, an operations research analyst helps figure out a method to the madness. One of the top 10 stress free jobs, as it allows for flexibility and autonomy. Dental Hygienist.

Work From Home 52

Work From Home IT Salary Education 52