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DOL Issues Opinion Letter on Gig Worker Classification

Jul 09, 2019 | By: Ganim Financial | Posted In: Benefits & HR

In the growing “gig economy,” individuals perform jobs on a one-off or short-term basis, typically through an online application or job marketplace. On April 29, . . . .

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Lowest Unemployment in Decades

Jul 05, 2019 | By: Ganim Financial | Posted In: Benefits & HR

Job figures continued to rise in April, officially bringing unemployment to its lowest in 50 years—3.6%, according to the Bureau of Labor Statistics (BLS). The labor market is tightening up, but it’s not tapped out.

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Westchester Co. in New York Adopts Paid ‘Safe Time Leave’ Law

Jun 28, 2019 | By: Ganim Financial | Posted In: Benefits & HR

New Law Effective October 30, 2019 Beginning Oct. 30, 2019, in addition to paid sick time, employers in New York’s Westchester County, will need to . . . .

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HHS Proposes Rolling Back ACA Nondiscrimination Regulations

Jun 24, 2019 | By: Ganim Financial | Posted In: Benefits & HR

The new rule, if finalized, would (among other things) remove gender identity and termination of pregnancy as “discrimination on the basis of sex” under Section 1557. A 2016 federal court injunction prohibited HHS from enforcing these provisions.

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New York City Bans Pre-employment Marijuana Screening

Jun 21, 2019 | By: Ganim Financial | Posted In: Benefits & HR

New Law Effective May 10, 2020 New York City has enacted an ordinance that prohibits employers from requiring job applicants to submit to pre-employment marijuana . . . .

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IRS Releases 2020 Health Savings Account Limits

Jun 17, 2019 | By: Ganim Financial | Posted In: Benefits & HR

The IRS has announced the 2020 inflation-adjusted amounts for Health Savings Accounts (HSAs) as determined under the Internal Revenue Code. Annual Contribution Limitation. High Deductible Health Plan Amounts.

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Final Notice of Benefit and Payment Parameters for 2020

Jun 13, 2019 | By: Ganim Financial | Posted In: Benefits & HR

Recently, the Department of Health and Human Services (HHS) released its final Notice of Benefit and Payment Parameters for 2020. This proposed rule describes benefit . . . .

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Retiremyths? Helping You Separate the Fact from Fiction

May 01, 2019 | By: Ganim Financial | Posted In: Benefits & HR,Wealth

For better or for worse, these days it seems like everyone has advice about retirement. With so much (mis)information out there, it’s hard to know . . . .

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How to Build a Multigenerational Benefits Strategy

Apr 09, 2019 | By: Ganim Financial | Posted In: Benefits & HR

This article was published on February 25, 2019 on Employee Benefit News written by Greg Blemlek.Employers and HR teams are managing employees for a workforce that stretches across three to five generations. This workforce is complex, and its workers have varying needs from generation to generation. That’s why a multigenerational benefits strategy is in order.

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Health FSA Limit to Increase in 2019

Jan 25, 2019 | By: Ganim Financial | Posted In: Benefits & HR,Health & Wellness

The ACA imposes a dollar limit on employees’ salary reduction contributions to health flexible spending arrangements (health FSAs) offered under cafeteria plans. This dollar limit is indexed for cost-of-living adjustments and may be increased each year.

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