Labor Days

News and analysis from Kelley Drye’s labor and employment practice

Relief for Taxpayers Affected by the Reduced 2018 HSA Deduction Limits

The IRS recently released guidance providing that taxpayers may, for 2018, treat $6,900 as the maximum deductible health savings account (“HSA”) contribution for family coverage under a high deductible health plan.…

Employer FMLA Tax Credit

As mentioned in our January 2018 Client Advisory, the Tax Cuts and Jobs Act (the “Act”), signed into law at the end of 2017, contains a temporary employer tax credit, ranging from 12.5 percent to 25 percent, that may…

Employee Benefits Implications of the Bipartisan Budget Act

The Bipartisan Budget Act of 2018 (“Act”) was signed into law on February 9, 2018. It includes certain provisions impacting employee benefits, 401(k) plans in particular. The following is a brief description of some…

New Disability Claims Procedures

As we communicated in our previous advisory, the U.S. Department of Labor has issued new Disability Claims Procedures rules. The original effective date of these rules was extended with the result that the new rules…

Health Care Reform–Cadillac Tax and Other Updates

This Advisory supplements our previous advisories dated December 2016, December 2015 (as supplemented in January 2016 ), October 2014, October 2013, November 2012, November 2011, and October 2010, addressing…