CFPB rescinds earned wage access advisory opinion
In an 11th-hour move, the CFPB rescinded an advisory opinion issued under the first Trump Administration that held that a ...
Tag: Employee benefits
Federal court invalidates DOL overtime rule
Rule would have significantly increased the salary level below which an employee is automatically subject to the Fair Labor Standards ...
Report: HSA assets grew to $137B in 2024
Approximately $137 billion was saved in almost 38 million health savings accounts by the end of June 2024, representing a ...
Bank survey: More employees have access to financial planning benefits through work
While financial stress among U.S. employees remains high, access to financial planning benefits through work has doubled since 2023, according ...
ABA: CFPB proposal will discourage earned wage access products
The CFPB's proposed interpretive rule governing earned wage access products will discourage banks from offering these products, limiting access to ...
Proposed rule expected on EEOC pay data collection
Under current law, private employers with 100 or more employees and federal contractors with 50 or more employees must submit ...
Federal court issues partial injunction against Labor Department overtime rule
The state of Texas had filed a lawsuit challenging the rule, and the court blocked enforcement of the rule against ...
Federal court hears challenge to Labor Department’s overtime rule
A federal court in Texas held a hearing to consider requests by business groups and Texas Attorney General Ken Paxton ...
Business groups challenge Labor Department overtime rule
Nine national associations joined local businesses and business groups in filing a legal challenge to stop the Department of Labor’s ...
Labor Department issues final rule to increase overtime eligibility
The Department of Labor issued a final rule that would significantly increase the number of employees who are subject to ...
