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Parental Leave in the US: All you need to know

Last Updated on October 16, 2024 by VantagePoint Parental leave has become a critical topic of discussion in the United States. For new parents, navigating the world of parental leave—whether it’s maternity, paternity, or family leave—can be overwhelming. Unlike many developed countries, the U.S. lacks a comprehensive federal policy guaranteeing paid parental leave, leaving many …

DOL Raises Salary Threshold for FLSA Exempt Employees

Last Updated on June 26, 2024 by VantagePoint Recent changes to federal labor laws are set to significantly impact the landscape of overtime eligibility for salaried employees across the United States. On April 23, 2024, the U.S. Department of Labor (DOL) released its final ruling on updating the minimum salary requirements for overtime exemptions under …

Retirement Savings Contributions Credit (The Saver’s Credit)

Last Updated on April 30, 2024 by VantagePoint What is the Retirement Savings Contributions Credit or the Saver’s Credit? The Retirement Savings Contributions Credit also known as the Saver’s Credit offers a benefit for low-to-moderate-income taxpayers making eligible retirement contributions, functioning as a nonrefundable credit to lower owed taxes potentially to zero.  The Saver’s Credit …

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