In the continually evolving sphere of employment benefits, it is critical for legal professionals and corporations to stay abreast of the annually adjusted dollar limits that directly impact employee benefits. Constant updates are relayed by the Internal Revenue Service, the Social Security Administration, and the Pension Benefit Guaranty Corporation. The chart that enumerates these adjustments,…
The United States banking sector recently experienced another data breach. This time, the victim was the Bank of Canton, according to an article posted on JDSupra. The incident reportedly involved a third-party vendor. On October 23, 2023, the Bank of Canton filed a notice with the Massachusetts Attorney General detailing a MOVEit-related data breach that…
Understanding the reasons for the denial of a Social Security Disability Insurance (SSDI) claim can be a crucial element in overcoming legal obstacles and ensuring a successful application. Here, we delve into five common reasons that may result in denial of your SSDI claim. Inadequate Medical Evidence: To qualify for SSDI, your medical condition must…
The Internal Revenue Service (IRS) has recently announced the 2024 dollar limits for a variety of benefit plans, including qualified retirement plans (including 401(k) plans), deferred compensation plans, and health and welfare plans. These adjustments are based on a cost-of-living index, which allows for increases in line with inflation and cost of living expenses experienced…
Mondelez Global LLC is seeking a dismissal for a lawsuit concerning a data breach at Bryan Cave Leighton Palmer LLP, a law firm they employ. The argument from Mondelez is that the workers whose data was compromised during the breach haven’t experienced a concrete injury, thus invalidating their standing to sue. The motion to dismiss…
On October 27, 2023, a significant amendment was adopted to the FTC’s Safeguards Rule by the Federal Trade Commission (FTC). The amendment imposes an obligation on non-banking financial institutions to notify the FTC within a 30-day timeframe, subsequent to the discovery of data breaches that impact the nonpublic personal information of a minimum of 500…
Dealing with mental illness often presents significant barriers to securing and maintaining gainful employment. Recognizing this, the Social Security Administration (SSA) has implemented disability benefits to support individuals diagnosed with certain mental health conditions that substantially and demonstrably impair their ability to work. These aids come in the form of two federal programs: Social Security…
In the midst of the celebration and joy a newly formed union brings, it’s easy to forget about the legal considerations that accompany marriage. Sparing a moment in these initial stages of connubial bliss to address these matters could potentially save couples from future complications. In states like Michigan, for example, the process associated with…
The Internal Revenue Service (IRS) has proclaimed the 2024 cost-of-living adjustments to the dollar constraints for pension plans and other benefits. Further, the Social Security Administration has also interjected its own cost-of-living adjustments for 2024. Notably, the majority of the dollar limits are expected to rise from their values in 2023. This includes crucial elements…
Northwell Health, a prominent healthcare provider, recently experienced a data breach incident due to a security compromise at Perry Johnson & Associates (PJ&A), a third-party vendor. This incident led to the unauthorized access of sensitive consumer information by atypical parties. Read more. PJ&A, on behalf of several companies including Northwell Health, has filed a data…
The trend of divorce over the age of 50, often referred to as “gray divorce,” has seen a noticeable increase in recent years. This phenomenon isn’t reserved only for those with gray hair, but applies to any individual over 50 seeking a divorce. The reasons behind this surge are yet to be fully understood, with…
On November 9, 2023, Cinfed Federal Credit Union (Cinfed CU) reported a significant data breach affecting approximately 58,000 individuals to the Attorney General of Maine. The breach, as indicated in the notice, is thought to have been executed by an unauthorized party who was able to gain access to sections of the company’s computer system….
In a recent statement, Kyocera AVX Components Corporation (“Kyocera”) announced a data breach affecting 39,111 individuals. This notification followed actions taken on October 30, 2023, when Kyocera disclosed to the Attorney General of Maine that part of its network was encrypted, a direct result of a cyberattack. Kyocera reported that this intrusion resulted in an…
Robert W. Baird & Co. Incorporated (‘Baird’) recently notified an unspecified number of consumers regarding a data breach that led to unauthorized access to their confidential information. Baird, a major U.S. financial services firm, filed a notice of the data breach with the Attorney General of Texas on November 7, 2023, sharing details about the…
On November 7, 2023, insurance firm CRC Insurance Services LLC, commonly known as CRC Group, admitted to a significant data breach impacting numerous consumers’ personal information in a notice filed with the Attorney General of Texas. The company disclosed that an unauthorized party had managed to access sensitive information entrusted to the firm. The compromised…
Perry Johnson & Associates (“PJ&A”), a major medical billing and documentation company, has recently reported a significant data breach. The company filed a notice of data breach with the California Attorney General on November 3, 2023. The incident reportedly involved unauthorized access of files stored on the company’s computer network. According to PJ&A’s notice, the…
Hawaii-based health provider, AlohaCare, has recently experienced a substantial data breach incident, revealing the sensitivity of the technology utilised in the health sector. Impacted were involving 12,982 individuals who were notified of the unauthorised access related to the MOVEit file-transfer program. According to a notice filed with the Attorney General of Maine on November 3,…
On October 23, 2023, the Dakota Eye Institute (DEI) reported a significant data breach that has affected upwards of 107,000 individuals. The Institute submitted an official notice to the U.S. Department of Health and Human Services Office for Civil Rights following the discovery that a cyberattack had compromised the personal information of their patients. (JD…
In a recent development, the IRS and Social Security Administration have announced cost-of-living increases for retirement plans and other employee benefit plans for 2024. This information was first reported by Tucker Arensberg, P.C. on JD Supra. Although details from the report are currently scarce, legal professionals globally will be tracking these enhancements closely. The adjustments…
Generations Healthcare has recently announced a data breach following unauthorized access to its employee email accounts. The information came to light after Life Generations Healthcare LLC (“LGH”) filed a notice of data breach with the Attorney General of California on November 3, 2023. The official document reveals that LGH identified an unauthorized party that temporarily…
On September 5, 2023, Blue Cross Blue Shield of Illinois (“BCBSIL”) informed TTEC Healthcare (“TTEC”) about a data breach affecting TTEC employees. BCBSIL filed a formal notice of data breach with the Attorney General of Massachusetts following the discovery of a data security incident that compromised sensitive information about TTEC employees. An unauthorized party was…
On November 2, 2023, The Hilb Group Operating Company, LLC (“Hilb”) reported a data breach to the Attorney General of Maine. Following the detection of unauthorized access to certain employee email accounts, Hilb was obliged to disclose the breach, indicating the underlying vulnerability of their security systems. According to JD Supra, the intrusion led to…
In a recent move, the IRS announced that many of the crucial retirement plan limits will see an increase in 2024. This information was outlined in Notice 2023-75, released on November 1, 2023. The degree of limit increases is more moderate than those applied in 2023, with some of the limits remaining static. Both the…
The Commissioner of Internal Revenue has recently made an announcement concerning the 2024 dollar limitations for benefits and contributions relating to retirement plans. This information was further disseminated in a comprehensive article by Williams Mullen [available here](https://www.jdsupra.com/legalnews/benefit-and-contribution-limits-for-2024-8081238/ “View Source” target=”_blank”). A closer look at these updates shows an increase in certain financial parameters. This revision…
The Internal Revenue Service (IRS) has recently disclosed the cost-of-living modifications to the appropriate dollar constraints for different employer-endorsed retirement and welfare arrangements for 2024. Notably though, certain health and welfare plan limits have not yet been announced. Readers can anticipate that this information will be added when those limits are unveiled. Additionally, most of…