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Social Security Wage Base Increases to $168,600 for 2024

PayrollOrg

On October 12, the Social Security Administration announced that the 2024 social security wage base will be $168,600, which is an increase of $8,400 from $160,200 in 2023.

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What Is Social Security Disability?

Attorney Charlie Hall

WHAT IS SOCIAL SECURITY DISABILITY? Social Security is a vital income security net for Americans. As of 2019, there were 64 million Americans, including disabled workers, retired workers, and survivors receiving benefits from the Social Security Administration (SSA). SOCIAL SECURITY ADMINISTRATION (SSA).

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The 2024 Cyber-Security Threat Landscape

InterWest Insurance Services

The cyber-security landscape changes constantly. For employers, it’s important to stay on top of these threats so that they can ensure that their security protocols and internal procedures are up to the task of beating them back. Security fatigue will become a greater problem. The 2024 U.S.

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Congress Proposes SECURE 2.0 Technical Corrections Bill

Proskauer's Employee Benefits & Executive Compensa

As previously discussed, the SECURE 2.0 Act of 2022 (“SECURE 2.0”) was signed into law on December 29, 2022 as part of the 2023 Consolidated Appropriations Act, and included a myriad of required and optional plan design changes for retirement plan sponsors and employers (described in more detail here ). Section 603 of SECURE 2.0

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How HR Can Equitably Provide Health and Financial Security

Speaker: Gary Robinson, Sr. Vice President of Consultant Relations and Nicky Brown, Vice President of Advocacy and Government Affairs at HealthEquity

The last few years have transformed working life, from where and how employees work to the expectations many have of their employers. According to CNBC's Workforce Survey, nearly 80% of employees say it’s important for them to work for an organization that values and prioritizes diversity, equity, and inclusion (DEI) issues.

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SECURE 2.0 Act Financial Planning Opportunities in 2023 and Beyond

Money Talk

The SECURE 2.0 Auto Enrollment and Escalation - Before SECURE 2.0, Early Withdrawal Penalty Exceptions - SECURE 2.0 Act of 2022 , passed last December, has financial planning opportunities for both the accumulation and distribution phases of retirement planning.

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Payroll Data Security: Defending Against Payroll Data Breaches

Patriot Software

Payroll contains sensitive employee information such as Social Security numbers and bank account details, making it a goldmine for cybercriminals. And because 43% of all data breaches target small businesses, payroll data security should be top of mind. Kickstart your payroll data security training here.

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The Future of HR Compliance: 10 Ways to Minimize Risk

From pay transparency to data security and “ban the box” momentum, discover the top 10 compliance trends that will shape the way we do business in the decade to come. The future of HR compliance is being shaped by workers’ post-pandemic expectations and a patchwork of complex state and local laws. Get Paycor’s guide today!

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10 Things You Need to Know About Payroll-Only Registration

This option allows foreign employers with no entity in-country to make special “payroll-only” registrations with in-country tax and social security bodies so they can issue a local payroll. Simple, right? Before you go forward with payroll-only registration as a solution, you should know it’s more complex than just filing some paperwork.

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The Best Employee Benefit - Financial Wellness

Speaker: Matt Bahl –– VP, Market Lead Workplace Financial Health at Financial Health Network

While the economy is improving, many new and seasoned employees are looking for ways to improve their financial security and well-being. Regardless of position or industry, the pandemic showed the importance of financial stability.