New Federal Guidance Regarding the Use of ‘Pay On-Demand’ Products Announced
by On July 18, 2024, the Consumer Financial Protection Bureau (CFPB) published its proposed interpretative rule stating that earned wage access (EWA) products are subject to …
Category: Benefits
Wisconsin Becomes Third State to Regulate Earned Wage Access (Pay On-Demand) Services
Earned Wage Access (EWA) services continue to be a popular option among employers and employees around the country. As discussed in our September 5, 2022 …
How Employees Can Use Emergency Funds Linked to Their Retirement Plans Without Withdrawal Penalties
Any employee can experience a financial emergency like unexpected medical expenses or a vehicle breakdown. Many employees have been compelled to seek loans or hardship …
More than the PUMP Act: Remember to Check State Laws Regarding Nursing Employee Rights
The federal Providing Urgent Maternal Protections for Nursing Mothers Act (PUMP Act) has been law for over a year. Most employers have adjusted to the …
2024 Cost-of-Living Adjustments for Qualified Retirement Plans Announced
The Internal Revenue Service makes annual cost-of-living adjustments to key elements of tax-protected retirement plans such as 401(k) and 403(b) in response to inflation. On …
Reasonable Accommodations under USERRA, the Forgotten Disability Discrimination Law
Many employers are revamping their reasonable accommodation procedures to ensure compliance with recent changes in federal and state laws regarding accommodations based on pregnancy and …
DOL’s Long Road to Raising the Exempt Employee Salary Threshold
On August 30, 2023, the U.S. Department of Labor (DOL) proposed a rule that would significantly raise the minimum salary threshold for an employee to …
EEOC Ready to Enforce Pregnant Workers Fairness Act
The Equal Employment Opportunity Commission (EEOC) has announced that it is ready to accept discrimination claims under the Pregnant Workers Fairness Act (PWFA). Enacted in …
Complying with New Federal Laws Protecting Pregnant and Nursing Employees
This may be a good time for employers to review their policies and practices regarding pregnant and nursing employees. On December 29, 2022, two federal …
What Changes When the COVID-19 Emergency Orders End?
The primary federal COVID-19 emergency orders relating to employer healthcare plans end on May 11, 2023. On March 29, 2023, the Department of Labor, the …