Effective January 1, 2026, certain earned wage access (EWA) providers in Indiana will be required to apply for and receive a license to operate in the state [H.B. 1125, L. 2025]. The license will need to be renewed annually and will include a fee.
EWA providers will be required to ensure that any option to obtain EWA proceeds that has a fee associated with the delivery of the proceeds is not the default option. If an employee elects a no-cost option, the delivery of the proceeds must be no later than 1 business day after the employee initiates the EWA services transaction.
The Indiana Department of Financial Institutions will enforce the new requirements for EWA providers.
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Lia Coniglio, Esq., is Managing Editor of PayState Update and Senior Manager of State Payroll Information Resources for PayrollOrg.