A handful of large U.S. corporations announced they are raising the employer match for their 401(k) retirement plans or are making other changes in their benefit plans in the first month after a tax reform law was signed by President Trump. And nearly half of companies surveyed said they are considering taking such an action […]
The new tax reform law is fueling changes to corporate America’s employee benefits, compensation, total rewards, and executive pay programs, according to a survey by Willis Towers Watson, a global advisory, broking, and solutions company. The survey of 333 large and midsize employers reveals nearly half (49%) of the respondents are considering making a change […]
The Internal Revenue Service (IRS) has released Notice 1036, updating the income-tax withholding tables for 2018. The new tables reflect changes made by the tax reform legislation enacted last month. The updated withholding information shows the new rates for employers to use during 2018.
The U.S. Supreme Court held the attention of the nation (and employers) on Thursday, June 28, when it released its highly anticipated decision on the healthcare reform law (the Affordable Care Act, or ACA) enacted in March 2010. In a decision that surprised many analysts, the Court upheld the law in a 5-4 opinion authored […]
By Douglas R. Chamberlain Sulloway & Hollis, P.L.L.C. The U.S. Supreme Court’s historic decision on healthcare reform (also known as the Affordable Care Act, or ACA) will be dissected and argued about for many years to come. The Court essentially upheld all the key elements of the healthcare reform law — most notably the so-called […]
Health care industry leaders — including some who opposed the Clinton administration’s 1993 health care reform efforts — are now pledging to rein in the rate at which costs increase. President Barack Obama did a one-hour interview and town-hall style discussion about health care reform on prime time network TV this week. Lawmakers promise quick […]