HR Newsletter: Legal and Compliance Updates for 2021

Legal and Compliance Updates for 2021

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

HR Compliance 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

Compliance 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

HR Compliance Bulletin: Five States Legalize Marijuana