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(Federal tax-free withdrawals from 529 plans for K-12 tuition are limited to $10,000 per year per student.

federal minimum wage has remained at $7.25 per hour since July 2009, 17 states will raise their hourly compensation minimums on Jan. 1, 2026.

And when those claims hit a certain dollar amount per employee that some organizations may find prohibitive, stop-loss insurance takes over .

According to NPR, Target will be increasing their minimum wage to $24 per hour this year .

Key Takeaways ;Amazon, Bank of America Announce Wage Increases; ;Proposed Pay Package Could Make Musk World’s First Trillionaire; ;New Report Shows a Rise in Worker Pushback for RTO; ;Wells Fargo Settles DEI Lawsuit Over Fake Interviews; ;Employers Standing Firm on Jobs, Benefits Despite Economic Pressure; Amazon, Bank of America Announce Wage Increases Amazon is increasing its average pay to more than $23 per hour, according to an announcement made Sept. 17.

In addition, Frost shared Alight’s client data showed only 51% of employees who are earning under $40,000 per year were enrolled in employer-sponsored health coverage in 2024 (down from 61% in 2022), while employees earning $40,000 to $60,000 per year only had 78% enrollment in 2024 (down from 82% in 2022).

Per the U.S.

Most recently she was Director, Total Rewards for Acumatica an ERP solutions technology firm in Bellevue, WA.

Examples include Aetna, $2,000 per year up to $10,000 total; Fidelity Investments, $2,000 per year for up to five years; New York Life, up to $10,200 over five years; Nvidia, $6,000 per year up to $30,000; PricewaterhouseCoopers (PwC): $1,200 per year for up to six years; and U.S.

“One swipe per person, per day, per location will be captured,” the memo said.