Under federal and state laws, employers must compensate their employeeswith one and one-half times their regular rate of pay for any hours ofovertime work. However, under these laws, employees who work in anexecutive, administrative or professional (EAP) capacity are...
The Internal Revenue Service (IRS) has released Notice 2023-75, containing costof-living adjustments for 2024 that affect amounts employees can contribute to401(k) plans and individual retirement accounts (IRAs).2024 IncreasesThe employee contribution limit for 401(k)...
Overview A recent amendment to the Massachusetts Paid Family and Medical Leave (MAPFML) law now grants employees the option to enhance their weekly benefits by using accrued paid leave, enabling them to receive up to 100% of wage replacement during...
Work and family are traditionally two of the most significantaspects of an employee’s life. Unfortunately, family planningdoesn’t always go as intended. According to the World HealthOrganization (WHO), 1 in 6 people struggle with fertilityissues. This can make the...
The U.S. Department of Health and Human Services (HHS) hasreleased its inflation-adjusted civil monetary penalties for violationsof the HIPAA Privacy and Security Rules. The new amounts apply topenalties assessed on or after Oct. 6, 2023.Because HIPAA’s penalties are...
Co-founded by Chrystine Heier in 1998, Sullivan Benefits serves the ever-changing employee benefit needs of today’s mid-sized employer. To learn more about us and our approach, take a stroll through our site and learn about our BluePrint process designed to maximize every dollar you spend on employee benefits.
