START TYPING AND PRESS ENTER TO SEARCH

DOL Overtime Rule: Update

The U.S. Department of Labor’s (DOL) overtime rule is unlikely to come to fruition.  The rule – which was scheduled to take effect Dec. 1, 2016 – was delayed by federal court injunction on Nov. 22, 2016.  In December, the DOL filed for an expedited appeal of the court injunction.

However, on Jan.

A Refresher on FSA Carryovers

A health flexible spending account (FSA) is an employer-sponsored account that employees can use to pay for or reimburse their qualifying medical expenses on a tax-free basis, up to the amount contributed for the plan year. Health FSAs are subject to a “use-or-lose” rule that generally requires any unused funds at the end of the plan year (plus any applicable grace period) to be forfeited.

12