We have created the following overview PDF’s to help you navigate the upcoming legal and compliance updates for 2021.
- Minimum Wage Changes – Almost half of the states have announced new minimum wage rates for 2021.
Link to overview: 2021 State Minimum Wage Rates
- Benefit Plan Limits – Several plan limits (e.g., HSA contributions) are increasing in 2021 while others (e.g., 401(k) and FSA) will remain the same.
Link to overview: Employee Benefit Plan Limits for 2021
- New Marijuana Laws – On Nov. 3, 2020, citizens in several states voted on legalizing marijuana – Arizona, Mississippi, Montana, New Jersey, South Dakota.
Link to bulletin: Five States Legalize Marijuana