© Copyright ClearPath Benefits

The Department of Labor’s proposed rule for fluctuating workweeks would give additional flexibility to employers when calculating overtime pay and potentially make it easier for workers to get bonuses. Continue reading this blog post from Employee Benefit News to learn more. ...

The contribution limits for 401(k), 403(b), 457 and the federal government’s Thrift Savings Plans have been increased to $19,500 for 2020, according to a recent announcement from the Internal Revenue Service (IRS). Read the following to learn more about this increase in retirement contributions....

Recently, the Internal Revenue Services (IRS) released an informational letter in response to an inquiry of whether employer shared responsibility penalties (ESRPs) may be waived or reduced based on hardship or other factors. Read this blog post to learn more. ...

The Internal Revenue Services (IRS) recently announced that the health insurance providers fee will resume in 2020. The fee is imposed by the Patient Protection and Affordable Care Act (ACA) and was suspended for 2019. Read the following blog post to learn more. ...

The Internal Revenue Service (IRS) has finalized updates to the hardship distribution regulations. The updated regulations are intended to make the requirements more flexible and participant friendly. Read the following article to learn more about these updated regulations....