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Twelve Tax Planning Topics for 2022

Money Talk

Here are 12 tax topics to consider: Itemized Deductions- Only about 10% of taxpayers can itemize since the Tax Cuts and Jobs Act went into effect in 2018. 401(k), 403(b), 457, TSP). If so, save those receipts for health insurance premiums and copays. President, most people can’t itemize without a plan.

Taxes 189
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Worker Enrollment in HDHPs falls

InterWest Insurance Services

In 2022, 9% of employers with 20,000 or more workers offered HDHPs exclusively, a drop from 22% in 2018, according to Mercer’s “National Survey of Employer-Sponsored Health Plans.” ” And 10% of employers with 500 or more workers offered only these plans, compared to 13% in 2018.

401(k) 98
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5 Data-Based Reasons to Make Employee Education a Priority

Achievers

By offering employee education instead, you help reduce personal costs for employees, which could outweigh salary issues or lack of other benefits, like health insurance or 401k options. Learn about the future of employee engagement at Achievers Customer Experience (ACE) 2018 in Toronto, October 23-24. Buy now here.

Education 164
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Worker Enrollment in HDHPs Falls

InterWest Insurance Services

In 2022, 9% of employers with 20,000 or more workers offered HDHPs exclusively, a drop from 22% in 2018, according to Mercer’s “National Survey of Employer-Sponsored Health Plans.” ” And 10% of employers with 500 or more workers offered only these plans, compared to 13% in 2018.

401(k) 96
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How will you cover health care expenses in retirement?

Benefit Resource Inc.

Households released in May 2018. The report provides insight into the financial health of families across America, examining factors like employment, student loans, and retirement. It will help you save on taxes and on health expenses. The money comes out of your paycheck before taxes, similar to a 401(k) and health insurance.

401(k) 85
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Preparing for Questions from Retiring Employees

Hppy

How much can I save in my 401k? There is an $18,500 limit (for 2018) on how much employees can contribute to a 401(k) plan. Will I be taxed on my distributions from my 401k? If your company offers a 401k, you may want to familiarize yourself with 401k distribution and rollover rules.

401(k) 47
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What some businesses are doing about student debt

Genesis HR Solutions

What they have in common is that both are recipients of the 2018 Genesis Community Scholarship Fund. On June 5, 2018, at Town Hall in Lexington, Massachusetts, they were among a group of 75 high school and college students who received help to defray the cost of a college education. Trillion Crisis by Zack Friedman. Click To Tweet.

401(k) 40