On Jan. 1, 2027, Washington’s Paid Family & Medical Leave premium increases to 1.2%, from 1.13%. Employers will pay 29.3% of the paid leave premium; the employee share is 70.7%. Employers may cover some or all of employees’ share. Generally,…
Benefits
As healthcare costs continue to put pressure on organizational budgets, finance pros need to be more involved in decisions around benefits and open enrollment. So you want to know what benefits trends are driving prices, choices and adoption. It's not…
Massachusetts recently updated its paid family and medical leave contribution guidance after passing Chapter 101 of the Acts of 2026. The changes take effect Jan. 1, 2027. The law shifts employer contributions from medical leave to family leave to mitigate…
Employers sponsoring pre-approved 401(k) and other defined contribution plans can begin filing for individual determination letters starting Oct. 1, 2026, under the IRS's fourth remedial amendment cycle. The adoption deadline for Cycle 4 pre-approved plans is Sept. 30, 2028 –…
Maryland employers must register for the state's Family and Medical Leave Insurance (FAMLI) program. Registration opened Sept. 1 and is required for all employers with at least one Maryland-based employee. Employers considering an equivalent private insurance plan must file a…
New York employees will see their maximum annual Paid Family Leave (PFL) contribution rise to $451.81 in 2027, up from $411.91 in 2026. The state's Department of Financial Services set the 2027 employee contribution rate at 0.452% of gross wages,…
Effective Jan. 1, 2027, Washington employers must pay employees for lactation breaks, including qualifying travel time, at their regular compensation rate – adding a new paid-time obligation for payroll to track and finance to budget for. The requirement will apply…
Connecticut employers must include a wage or a good-faith wage range and a general description of benefits in public and internal job postings under Public Act 26-12, signed by Gov. Ned Lamont on May 11, 2026. The requirement takes effect…
The Department of the Treasury and the Internal Revenue Service (IRS) have issued new guidance on the paid family and medical leave tax credit, but the change is more than a tax-planning issue. For some employers, it could reduce the cost…
The new Mississippi Work and Save Program creates a voluntary, state-run retirement savings option for private-sector employees whose employers don’t offer one. Under the law, the State Treasurer must have the program operational so individuals can begin contributing no later…
Open enrollment may feel far away. It isn’t. Summer is when benefits planning for 2027 starts taking shape. Health benefits are one of the largest and fastest-growing line items in your labor cost budget. With costs continuing to outpace wages…
The IRS has announced updated health savings account (HSA) contribution limits and high-deductible health plan (HDHP) parameters for 2027, reflecting standard inflation adjustments. New HSA Contribution Limits Announced Employees will be able to contribute slightly more to their HSAs next…
