News From Barresi Benefits

DOL Clarifies Federal Law on Tip Pooling

The U.S. Department of Labor (DOL) has released guidance clarifying federal law on tip pooling. The guidance was issued in response to a federal law that amended the federal Fair Labor Standards Act’s (FLSA) tip pooling rules. The DOL guidance states that: Employers are prohibitedfrom keeping tips received by their employees, regardless of whether the employer […]

News From Barresi Benefits

Small Businesses May Be Able to Keep Existing Health Coverage Through 2019

A previously extended transitional policy that permits health insurance issuers to continue group coverage that would otherwise be terminated or cancelled due to the Affordable Care Act (ACA) has been further extended to policy years beginning on or before October 1, 2019, provided that all policies end by December 31, 2019. Health insurance issuers that renew coverage under […]

News From Barresi Benefits

Tips for Hiring New Graduates

At colleges across the country, the Class of 2018 is graduating. Thinking of staffing up your business by hiring a new college graduate? Learn some tips on how to prepare these hires for your workplace by watching the video. For more hiring best practices, visit our Recruitment & Hiring section.

News From Barresi Benefits

2018 HSA Contribution Limit Decreased for Certain Individuals

The Internal Revenue Service (IRS) has announced that the 2018 annual limitation on health savings account (HSA) contributions by individuals with family coverage under a high deductible health plan (HDHP) is now $6,850. This limit was previously announced as $6,900, but has been revised downward due to an inflation adjustment provision in the Tax Cuts and Jobs Act. […]

News From Barresi Benefits

Best Practices for Preventing Workplace Harassment

A report from the U.S. Equal Employment Opportunity Commission (EEOC) highlights best practices for employers to prevent and respond to workplace harassment. According to the EEOC report, employers should: Foster an organizational culture in which harassment is not tolerated; Adopt and maintain a comprehensive anti-harassment policy (which prohibits harassment based on any protected characteristic, and which includes social media considerations) […]

News From Barresi Benefits

Counting Employees Vital to ACA Compliance

Employers are reminded that it is important to know how many full-time employees they have in order to ensure compliance with the employer shared responsibility (“pay or play”) provisions of the Affordable Care Act, which apply to applicable large employers (ALEs). Determining ALE Status Whether an employer is considered an ALE for a particular calendar year depends on […]