Wyoming

Discussion

Wyoming: Portable Benefit Accounts for Independent Contractors

As of July 1, 2026, SB 41 authorizes the establishment of portable benefit accounts for independent contractors, without impacting their status as an independent contractor. Portable benefit accounts include health benefits, income replacement insurance, vision and dental insurance, life insurance or retirement benefits. Certain requirements must be met like having a written agreement with an opt-out option.

 

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