Compliance
Compliance Alerts
EBSA Releases Updated Cybersecurity Guidance
Through Compliance Assistance Release No. 2024-01, the U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) is confirming that the cybersecurity guidance it issued in April 2021 generally applies to all employee benefit plans, including health...
Election Changes – Qualifying Midyear Events
Qualifying midyear events are significant life changes that allow employees to adjust their benefit elections outside of the annual open enrollment period. This infographic outlines common qualifying events and changes.
Key HSA Features – 2025 Compliance
Health savings accounts (HSAs) are a popular type of tax-advantaged medical savings account available to individuals enrolled in high deductible health plans (HDHPs). Individuals can use their HSAs to pay for expenses covered under an HDHP until their deductible has...
Massachusetts Enacts Pay Transparency and Pay Data Reporting Law
On July 31, 2024, Massachusetts enacted the Frances Perkins Workplace Equity Act. This law requires employers with 100 or more employees to provide pay data reports to the Massachusetts state secretary effective Feb. 1, 2025, and employers with 25 or more employees to...