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 […]
Publications
Ready or Not, Cybersecurity Guidance for Employee Benefit Plans is Here
The U.S. Department of Labor recently issued formal cybersecurity guidance for employee benefit plans. The guidance applies to plan sponsors, plan fiduciaries, record keepers, and plan participants and includes various tips and best practices for protecting retirement plan assets. The DOL’s guidance includes: Tips for Hiring a Service Provider, which […]
Have You Been Using E-Verify for More than 10 Years?
On January 1, 2016, the E-Verify Program began annually deleting transaction records that are more than 10 years old from the system at the end of the calendar year. This means that employers lose access through the system to any cases created prior to December 31st of each year that […]
Whose “Bank” is it Anyway? State Enforcement Actions Against Chime Underscore the Pitfalls of Using “Bank” Terminology
As the payments industry awaits expected increases in enforcement activity from the newly revamped Consumer Financial Protection Bureau, two recent state level actions brought against digital banking platform Chime have underscored the importance of financial service marketing activities conducted by non-bank entities and the use of the terms “bank” or […]
A Review of the CCPA’s Private Right of Action
In March, we examined trends in the California Attorney General’s enforcement of the California Consumer Protection Act (the “CCPA”), and this month we’ll look at trends in suits arising from the CCPA’s private right of action. As a reminder, the CCPA provides a private right of action that allows consumers […]

