On May 18, 2016, the United States Department of Labor (DOL) published regulations that will modify certain provisions of the Fair Labor Standards Act (FLSA).
On April 28, 2016, the Internal Revenue Service (IRS) via Revenue Procedure 2016-28, released inflation-adjusted contribution limitations for calendar year 2017, regarding health savings accounts (HSAs) and high-deductible health plans (HDHPs).
HEALTH CARE REFORM
The U.S. Department of Labor (DOL) and the Department of Health and Human Services (HHS) have released the final revised template and related materials for the summary of benefits and coverage (SBC) for use beginning with the first open enrollment period beginning on or after April 1, 2017.
Paid sick leave laws pose a compliance challenge to employers.