With the end of 2021 approaching, now is a good time to reflect on the various laws and legal updates enacted over the past year that may impact your employer-sponsored benefit plans. To help, we’ve compiled a brief end-of-the-year “to do list” for plan sponsors to consider: ERISA Cybersecurity. The U.S. […]
Labor & Employment Law Update
EEOC Extends EEO-1 Filing Deadline to August 23, 2021
On June 28, 2021, the Equal Employment Opportunity Commission (“EEOC”) extended the deadline for covered employers to submit their 2019 and 2020 EEO-1 Component 1 reports. The new deadline is now August 23, 2021, extended from July 19, 2021. It appears that this extension was prompted in part by a […]
The Supreme Court Narrows the Computer Fraud & Abuse Act: What This Means for Employers
After an employee leaves to work for a competitor or starts a competing business, an employer will sometimes find out that this individual used the last days of computer access to download or email to him or herself confidential information from the employer’s network. Indeed, this former employee may have […]
Update: DOL Withdraws Trump Administration’s Independent Contractor Rule
In a not-so-shocking turn of events, the Department of Labor (DOL) announced that, effective May 6, 2021, it would rescind the employer-friendly Independent Contractor Final Rule issued right before President Trump left office. Two articles discussing the Trump Administration’s rule in more detail may be found here and here. The […]
2022 HSA and HDHP Cost-of-Living Adjustments Announced
The IRS has announced the 2022 cost-of-living adjustments for health savings accounts (HSAs) and high-deductible health plans (HDHPs) – HSA Contribution Limits – the 2022 annual HSA contribution limit is $3,650 for individuals with self-only HDHP coverage (up from $3,600 in 2021), and $7,300 for individuals with family HDHP coverage […]