Our latest blog post highlighted how employee benefits can help employers hire and retain employees. The war for talent is on! In many industries employers now find themselves competing for top talent in the candidate pool. What can you add to your employee benefits arsenal to help your company attract and retain top talent?

Missed our post? Read it here.

The IRS has announced the 2018 inflation-adjusted amounts for Health Savings Accounts (HSAs).

Annual Contribution Limitation
For calendar year 2018, the annual limitation on HSA deductions for an individual with self-only coverage under a high deductible health plan is $3,450 (up from $3,400 for 2017). The annual limitation on HSA deductions for an individual with family coverage under a high deductible health plan is $6,900 (up from $6,750 for 2017).

High Deductible Health Plan Amounts
For calendar year 2018, a "high deductible health plan" is defined as a health plan with an annual deductible that is not less than $1,350 for self-only coverage or $2,700 for family coverage, and annual out-of-pocket expenses (deductibles, co-payments, and other amounts, but not premiums) that do not exceed $6,650 for self-only coverage or $13,300 for family coverage.

Click here to read the IRS announcement on these amounts.

According to the California Court of Appeals, yes they are. Recently, See's Candy Shops found themselves in court defending their timekeeping rounding rules and grace period practices.

Click here to read the HR Done Right blog.

The U.S. Department of Labor's Employee Benefits Security Administration (EBSA) has extended the effective date of its model Health Insurance Exchange Notices through May 31, 2020. Previously, these model notices were set to expire on May 31, 2017. No other changes have been made to these notices.

Click here to access the model notices with the new expiration date. Please note that there are two separate notices--one for employers that offer a health plan to some or all employees, and another for employers that do not offer a health plan.

These model notices are the most current versions provided by the EBSA. For further guidance regarding these notices, please contact the EBSA directly at 1(866)-444-3272.