HR Regulation

In partnership with Connecticut’s state program that launched in 2022, Rhode Island’s new RISavers Program will be required for businesses to enact that do not have a 401(k).

Auto-IRAs increase coverage of retirement plans because most states require that employers to either enroll their employees in the state plan or offer their own plan such as a 401(k), according to Gusto research.

The IRS has expanded the list of preventive care benefits for high-deductible health plans allowing for coverage without meeting deductibles and enabling tax deductions and reimbursements through health accounts.

The Department of Labor’s Retirement Savings Lost and Found database, which is expected to go live next month, still needs help from plan administrators on participants who left the company.

Following Trump's election victory, significant policy shifts are expected in Washington, which will likely lead to more legal battles and regulatory uncertainty.

The National Labor Relations Board (NLRB) general counsel has openly stated that she intends to prosecute employers who use overly broad non-compete agreements and stay-or-pay provisions. Employers who are currently making use of either non-compete agreements or stay-or-pay arrangements should carefully evaluate those agreements to ensure that they’re in line with the NLRB position.