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Key TakeawaysNew age-based catch-up contribution limits for workers 60-63Updated thresholds for retirement accounts and HSAsInflation-adjusted welfare and retirement benefit limitsChanges implemented under SECURE 2.0 ActUnderstanding the 2025 IRS [...]
The Rising Tide of Healthcare Costs In recent years, employees across various industries have experienced a significant uptick in their out-of-pocket costs for health coverage. This trend [...]
Beginning January 1, 2025, Connecticut’s paid sick leave law—which currently covers employers with 50 or more employees in the state and only applies to service workers—will be significantly [...]
The American workforce is aging rapidly, particularly in industries with physical demands. This demographic shift presents unique challenges and opportunities for businesses in the automotive, roads, fuel, fleet, [...]
In recent years, a new class of drugs has gained significant attention in the medical world, promising substantial weight loss and potential changes in healthcare costs. These medications, [...]
In an era where student debt is skyrocketing and job markets are increasingly volatile, one career path stands out for its stability, earning potential, and accessibility: skilled trades. [...]
Are rising health insurance costs eating into your small business's budget? Are your employees struggling to afford quality healthcare? Individual Coverage Health Reimbursement Arrangements (ICHRAs) might be [...]
In workers' compensation, particularly for industries served by the National Automotive Roads Fuel Association (NARFA) and the Automotive Industries Compensation Corporation (AICC), physical therapy is key to employee [...]
As we approach 2025, businesses in the automotive, roads, fuel, fleet, and related industries face an increasingly complex healthcare landscape. With health insurance costs continuing to rise, [...]
In today's challenging economic climate, employers are constantly seeking innovative solutions to manage rising healthcare costs. NARFA (National Automotive Roads Fuel Association) offers a comprehensive range of [...]
In today's fast-paced world of automotive, roads, fuel, and fleet management, safety is critical. As technology evolves and new challenges emerge, our approach to safety training must keep [...]
For many employers, healthcare costs are a high-wire act. You want to offer competitive benefits packages to attract and retain top talent, but rising costs threaten to throw [...]
The U.S. Department of Labor has proposed a new rule aimed at protecting workers from extreme heat hazards. This initiative seeks to safeguard approximately 36 million indoor and [...]
The landscape of federal regulation is set for a seismic shift following a recent Supreme Court decision. On June 28, in Loper Bright Enterprises, et al, v. Raimondo, [...]
In today's complex regulatory environment, businesses in the automotive, roads, fuel, and related industries face unprecedented challenges in managing employee benefits. Recent studies show that compliance issues are [...]
As summer temperatures begin to soar, it's crucial to be aware of the dangers posed by extreme heat. Recent heat waves to become more frequent, intense, and longer-lasting, [...]
The following changes to Colorado employment law apply to employers of all sizes. APPLICANT AGE-RELATED INQUIRIES PROHIBITED Beginning July 1, 2024, employers will be prohibited from asking for [...]
In the automotive, roads, fuel, fleet, and related industries, indoor air quality (IAQ) is a critical factor that significantly impacts the health, safety, and productivity of employees. As [...]
If your business offers health insurance benefits to employees, you've likely heard of alternative funding models like self-funding or level-funding. But what exactly do these alternative approaches entail, [...]
For decades, the narrative has been that after high school, you go to a four-year university and earn a bachelor's degree. While college is certainly the right path [...]
The U.S. Department of Labor (DOL) recently announced the finalization of its overtime rule, significantly impacting how employers classify employees as exempt from overtime pay requirements under the [...]
They say an ounce of prevention is worth a pound of cure, and that certainly applies to your health. In today's busy world, it's easy to let routine [...]
The Internal Revenue Service (IRS) has recently highlighted that costs associated with nutrition, wellness, and general health do not typically qualify as reimbursable medical expenses under Section 213 [...]
The healthcare landscape is constantly evolving, and in 2024, rising costs remain a top concern for both employers and employees. Fortunately, Health Savings Accounts (HSAs) offer a unique [...]