NYBEST News

The IRS recently released updated penalty amounts for 2025 related to the employer shared responsibility (pay-or-play) rules under the Affordable Care Act (ACA). For calendar year 2025, the adjusted $2,000 penalty amount is $2,900, and the adjusted $3,000 penalty...

In November 2023, Zywave conducted its 2023 Attraction and Retention Employee Pulse Survey to collect employers’ insights into attraction and retention challenges, workplace strategies and voluntary benefits utilization. More than 130 employers responded to the...

Employers with health plans that provide prescription drug coverage to individuals who are eligible for Medicare Part D are subject to certain disclosure requirements. One of these requirements provides that plan sponsors must disclose to the Centers for Medicare and...