May 2022 Employer Regulatory and Legislative Update | CBIZ, Inc.

May 2022 Employer Regulatory and Legislative Update | CBIZ, Inc.

As businesses are increasingly focused on reopening and rebuilding, it’s important to also stay on top of non-COVID-related regulatory and legislative matters to ensure continued compliance. This update covers issues involving ERISA fiduciaries, transportation benefits, the public health emergency and more.

 

 

The Fiduciary Imperative | Learn More

ERISA fiduciaries must exercise absolute diligence in handling employee money.

No-Go on Transfer of Transportation Benefits  | Learn More

Unused QTP amounts cannot be rolled over into a cafeteria plan.

Public Health Emergency Continues | Learn More

The current determination will last until July 15, 2022.

2023 HSA and EB-HRA Adjustments | Learn More

The IRS has released cost of living adjusted amounts for HSAs and EB-HRAs for 2023.

2023 Medicare Part D Rx Adjustments | Learn More

Plan sponsors beware of potential ADA and GINA violations.

Maryland Joins Paid Family Leave Bandwagon | Learn More

Employers with 15 or more employees must contribute to the fund.

Washington’s LTC Class Action Lawsuit Dismissed | Learn More

The federal lawsuit was dismissed; challenges to the law must be brought in state court.

May 2022 Employer Regulatory and Legislative Update | CBIZ, Inc.https://www.cbiz.com/Portals/0/BiReskinImages/Hero Images/hero_image_3.jpg?ver=2020-11-24-160620-267As businesses are increasingly focused on reopening and rebuilding, it’s important to also stay on top of non-COVID-related regulatory and legislative matters to ensure continued compliance. This update covers issues involving ERISA fiduciaries, transportation benefits, the public health emergency and more.2022-05-09T16:00:00-05:00As businesses are increasingly focused on reopening and rebuilding, it’s important to also stay on top of non-COVID-related regulatory and legislative matters to ensure continued compliance. This update covers issues involving ERISA fiduciaries, transportation benefits, the public health emergency and more.Regulatory, Compliance, & LegislativeEmployee Benefits ComplianceAccelerated RecoveryCOVID-19Yes