Employee 401(k) contributions for 2018 will top off at $18,500—a $500 increase from 2017—while the “all sources” maximum contribution (employer and employee combined) rises to $55,000, up $1,000, the IRS announced. HR and payroll managers should plan to adjust their systems for the new year and to inform employees about the new limits in year-end open enrollment materials.
For 2018, 401(k) Contribution Limit for Employees Rises to $18,500
Milwaukee Area Employment Law Attorney: 200 South Executive Drive, Suite 101 Brookfield, WI 53005 Phone: 262-241-8444
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‘True statement’ to former employee’s potential employer about her pending lawsuit could be retaliatory
Janet L. Heins|Blog, News, Benefits, Compensation, Equal Pay, Pay
By Deborah Hammonds, J.D. An energy commodities broker who claimed her former employer interfered with her potential new job...
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Employers Use Technology and Outsourcing to Ease Leave Management
Janet L. Heins|Family and Medical Leave, Leave Management, News, Relationship Management, Benefits, Compensation, Equal Pay, Pay
While the legal requirements to provide paid or unpaid leave become more complex, leave-management tools and services continue to...
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CHROs at Health Care and Tech Firms Are Best Paid, Study Shows
Janet L. Heins|Critical Evaluation, Executive Compensation, News, Benefits, Compensation, Equal Pay, Pay
Chief HR officers (CHROs) have been rising in stature at large public companies and, as a result, their compensation...
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How HR Can Prepare for Employee Reactions to CEO Pay Ratio Disclosure
Janet L. Heins|Communication, Compensation Communication, Executive Compensation, News, Benefits, Compensation, Equal Pay, Pay
As the new CEO pay ratio disclosure requirements take effect this year for publicly traded companies, bringing an unfamiliar...
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‘Cadillac Tax’ Will Hit Majority of Employer Plans
Janet L. Heins|Decision-Making, Health Care Reform, News, Benefits, Compensation, Equal Pay, Pay
The “Cadillac tax” on group health plans—a 40 percent excise tax on high-value coverage—will eventually apply to all employers...
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Health Care 'Cadillac Tax' Delayed Until 2022
Janet L. Heins|Benefits and Taxation, Health Care Reform, Influencing Government Policy, News, Benefits, Compensation, Equal Pay, Pay
President Donald Trump signed into law a two-year delay on the 40 percent excise tax on high-value health care...
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Auto Body Technicians Fail to Prove Minimum Wage Violations
Janet L. Heins|California, Compensation Compliance, News, Benefits, Compensation, Equal Pay, Pay
Two body shop employees who claimed they were not paid the minimum wage required by California law failed to...
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Pennsylvania to Update Overtime Salary Threshold and Duties Tests
Janet L. Heins|California, News, Overtime Eligibility and Exemptions, Benefits, Compensation, Equal Pay, Pay
Pennsylvania’s governor has directed the state labor department to develop a plan to clarify overtime regulations and increase the...
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Wisconsin Employment Attorneys Serving the Greater Milwaukee Area and Wisconsin For free consultation* or to set up an appointment with our team of dedicated employment law attorneys:
Contact our law firm online, Call our office at 262-241-8444 or Toll free at 866-241-8444
H.E.L.P. – Heins Employment Law Practice Employee Rights Attorneys
200 South Executive Drive, Suite 101
Brookfield, WI 53005
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