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Compliance Recap | JRW Associates, Inc., a Raleigh Benefit Advisory

QUESTION OF THE MONTH Q: My wife and I work in the same small company. Is having her on my plan as spouse allowed? Can we both contribute separately from our own paychecks into our own Health Savings Account (HSA)? Or does it need to be my deduction only since I am the policy holder? A: Yes, … Continued

Compliance Recap January 2024 | JRW Associates, Inc., a Raleigh Benefit Advisory

NEW EMPLOYEE CLASSIFICATION RULE In January, the Department of Labor (DOL) Wage and Hour Division introduced a rule that changes the way workers are classified under the Fair Labor Standards Act (FLSA). This Final Rule, effective March 11, 2024, offers a more comprehensive test to determine a worker’s status, potentially making it more challenging to classify … Continued

Top Benefit Trends for 2024 | JRW Associates, Inc., a Raleigh Benefit Advisory

The challenges that influenced the benefits landscape in 2023 persist—perhaps even more so. Rising costs, due to inflation and increasing health care prices, will continue to present challenges this new year.  But employers who understand the benefits landscape for 2024 can mold their approach for the upcoming year. A new year means revisiting your existing … Continued

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Raleigh Office:
9121 Anson Way
Suite 200
Raleigh, NC 27615

Phone
919.571.0883

Email
info@jrwassoc.com