On July 17, U.S. Citizenship and Immigration Services (USCIS) will release a new revision of Form I-9—Revision 07/17/17 N—to be used for employment eligibility verification. The new form will be available from the USCIS website at https://www.uscis.gov/i-9-central/whats-new.
Tag: Social Security
New research published in 2017 suggests that a simple payroll loophole could cost U.S. employers more than $373 million every year. The loophole is well-known and widespread. It’s called buddy punching. Recently, TSheets—a cloud-based time tracking app—released new insights into buddy punching, and ways employers can curtail this trend.
Is 70 becoming the new retirement age? According to a recent CareerBuilder survey, 30% of U.S. workers ages 60 and older plan to retire at age 70 or older. Another 20% don’t believe they will ever be able to retire.
The 6th Circuit recently overturned a lower court’s dismissal of an employee’s disability and age discrimination claims and sent the case back for trial. The employee, who is unable to lift more than 35 pounds because he has scoliosis, was discharged after nearly 40 years on the job when his supervisor discovered that his condition […]
The maximum wage base for Social Security tax will be $127,200 in 2017, up from $118,500 in 2016, the U.S. Social Security Administration (SSA) announced October 18.
A new analysis from Aon Hewitt, the global talent, retirement, and health solutions business of Aon plc, reveals that most workers will likely be working longer to save enough to maintain their standard of living in retirement.
For any business that hires employees, it’s important to understand the legal obligations related to processing payroll. Typically, an employer is free to set up its own system of payroll administration and can choose the frequency of pay as well as the day of the week that is the designated pay day. However, there are […]
The Consumer Price Index (CPI) measures how much average prices are moving by surveying households to find their average spend on specific goods and services during a given time period and then comparing that total cost to previous time periods.
Yesterday, Laraine McKinnon, defined contribution director at investment management company BlackRock, provided some insights on legacy 401(k) plans that may have fallen out of date. Today, her thoughts on forecasting outcomes by groups.
Like an old house that was cutting-edge when it was built but hopelessly archaic today, your 401(k) may have fallen behind the times. Is this true of yours? And, if so, what can you do about it?