Posts by Bottom Line Benefits

On Dec. 1, 2016, the U.S. Department of Labor’s (DOL) final rule updating white collar exemption qualification requirements will go into effect. This change is expected to affect more than 4 million workers across the United States. The final rule increases the salary an employee must be paid in order to qualify for a white…

The DOL recently issued an interim final rule that increases the civil penalty amounts that may be imposed under the Employee Retirement Income Security Act (ERISA) to account for inflation. The interim final rule increases the civil penalty amounts associated with: Failing to file an annual Form 5500 Failing to provide the annual notice regarding…