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Washington State’s Pay Transparency Law Takes Effect January 1, 2023

McDermott Will & Emery Employee Benefits

Effective January 1, 2023, Washington employers must comply with SB 5761, commonly known as Washington’s Pay Transparency Law, signed by Governor Jay Inslee on March 30, 2022. The post Washington State’s Pay Transparency Law Takes Effect January 1, 2023 appeared first on EMPLOYEE BENEFITS BLOG.

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IRS Announces Delay of Implementation of SECURE 2.0 Act’s Roth Catch-up Contribution Provision for Two Years

Benefits Notes

Appropriately identifying those workers limited to Roth catch-up contributions would typically require the sharing of data between retirement plan recordkeepers and the plan sponsor’s payroll provider. In response to these concerns, the IRS issued Notice 2023-62 on August 25, 2023. may want to revisit those plans.

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