The IRS has announced the 2023 cost-of-living adjustments for health savings accounts (HSAs) and high-deductible health plans (HDHPs): HSA Contribution Limits – the 2023 annual HSA contribution limit is $3,850 for individuals with self-only HDHP coverage (up from $3,650 in 2022), and $7,750 for individuals with family HDHP coverage (up […]
Labor & Employment Law Update
OFCCP Contractor Portal Open for Registration and Certification
On December 2, 2021, the OFCCP announced the roll-out of its Contractor Portal. This online Portal will be used for two purposes: For covered federal contractors and subcontractors to certify, on an annual basis, whether they have developed and maintained an affirmative action program (“AAP”) for each establishment. For covered […]
Congress Passes Groundbreaking #MeToo Arbitration Legislation
On February 10, 2022, in a rare bipartisan effort, the U.S. Senate passed the Ending Forced Arbitration of Sexual Assault and Sexual Harassment Act (the “Act”), which amends the Federal Arbitration Act to make pre-dispute arbitration agreements covering sexual harassment and sexual assault claims unenforceable. The Act also eliminates class […]
H-1B Cap Season Opens March 1st!
On January 28, 2022, the USCIS announced that the 2022 (FY23) H-1B cap season will open March 1st. Beginning February 21st, new employer-petitioners will be able to create new accounts beginning at 12pm Eastern Time on February 21st with the registration portal opening for new registrations on March 1st and […]
OFCCP Contractor Portal Open for Registration
On February 1, 2022, the Office of Federal Contract Compliance Programs (“OFCCP”) officially opened up its Contractor Portal. Federal contractors and subcontractors may now begin registering in preparation for certifying compliance with their affirmative action plan (“AAP”) obligations (see December 3 newsletter article). Note that contractors cannot certify compliance just […]