On the heels of signing equal pay legislation which will substantially expand pay equity protections for New Jersey employees, Governor Phil Murphy tweeted that he will sign a statewide paid sick leave bill on Wednesday, May 2, 2018.
Acknowledging “numerous unanticipated administrative and financial burdens,” the IRS officially revoked its earlier attempt to lower the 2018 health savings account (HSA) contribution limits.
On March 21, 2018, the Governor of Puerto Rico announced his “Initiative to Reform the Labor Force,” with the express goal of increasing the employment rate.
On March 5, 2018, the IRS reduced from $6,900 to $6,850 the maximum amount an individual with family coverage may contribute to a Health Savings Account (HSA) for the 2018 calendar year.
On December 15, 2017, the Puerto Rico Department of the Treasury issued Tax Policy Circular Letter No. 17-02 announcing the 2018 applicable contribution limits for qualified retirement plans.
