Benefits Notes

AUGUST 9, 2022

On August 3, 2022, the IRS published Notice 2022-33, which extends the deadlines for amending retirement plans and IRAs to reflect certain changes to the law made by the SECURE Act; the Bipartisan American Miners Act; and section 2203 (allowing waiver of 2020 required minimum distributions) of the CARES Act. December 31, 2025.

Retirement Plan 97

Retirement Plan Pension Employee Benefits IT 97

Money Talk

APRIL 11, 2024

The 2023 income tax filing deadline is only days away (April 15, 2024 in most of the U.S.). Baby Boomer Challenges - Baby boomers (born 1946-1964) were the first generation with the ability to save money for retirement in 403(b)s, 401(k)s, and IRAs for decades (their parent’s generation had pensions). There is no way out.

401(k) 185

401(k) Taxes Retirement Plan Pension 185

Employee Benefits

MARCH 1, 2024

The top 10 most-read articles on employeebenefits.co.uk The top 10 most-read articles on employeebenefits.co.uk

Retirement Plan 52

Retirement Plan Pension Salary Payroll 52

Employee Benefits

JUNE 28, 2024

The technology firm surveyed 250 full-time employees and HR leaders between the ages of 18 and 65 for its 2024 State of employee financial wellness report. Half (54%) would prefer employers invest more in health insurance, while 43% would like more on retirement plans.

Retirement Plan 88

Retirement Plan Health Savings Account Health Insurance Employment 88

Business Management Daily

MAY 9, 2024

In it, she breaks down all the new payroll compliance changes affecting payroll administration in 2024, including post-pandemic trends that don’t appear to be going anywhere anytime soon. Without further ado, here’s step-by-step guidance for achieving payroll compliance in 2024. How does it do that?

Payroll 52

Payroll 401(k) Taxes Retirement Plan 52

Empuls

JUNE 21, 2024

  A thoughtfully crafted retirement plan can positively impact employee morale.      Increase the productivity of employees nearing retirement.    A handsomely distributed retirement plan increases job satisfaction. Let's quantify the significance of retirement rewards. 

401(k) 40

401(k) Retirement Plan Pension roth 401(k) 40

Empuls

AUGUST 27, 2024

In this all-encompassing guide, we look at the best available options concerning Employee Benefits Options in 2024, different types, and significance, along with best practices in designing a benefits package to suit the workforce's needs.

Family and Medical Leave Act 40

Family and Medical Leave Act Employee Benefits 401(k) Benefits Package 40

HR Professionals Magazine

FEBRUARY 3, 2024

By Chuck Stinson The McGriff Retirement Benefit Survey, a follow-up to our 2023 National Benefit Trend Survey, provides a comprehensive view of retirement plan trends across a diverse landscape of industries and company sizes. The responses to the defined benefit plan portion of the survey further supports these views.

Retirement Plan 52

Retirement Plan 401(k) Pension Benefits Package 52

HR Digest

AUGUST 30, 2024

The union workers at Fred Meyer expect the strike to last through Labor Day until September 3, 2024. Local 555 also stated that the employer was also offering a poor plan for compensating new hires and had no intention of sufficiently improving the pension plans as the union members had hoped.

Food 93

Food Retirement Plan Commissions Pension 93

Employee Benefits

SEPTEMBER 27, 2024

This help needs to be balanced around longer-term needs e.g. the provision of savings through Workplace ISAs, as well as pensions savings and preparing for retirement.” Given that cliff-edge retirements are on their way out, effective workplace financial offerings therefore, are likely to shift too. million employees.

Finance 52

Finance Pension Retirement Plan Education 52

Employee Benefits

FEBRUARY 6, 2023

Let’s explore… Pension schemes Do we still want it? Whatever the sector you work in, it will be unsurprising to read that pension schemes are still the most frequently found benefit in the UK workplace. But is there any way day-to-day pension schemes could be even more valuable? And we wouldn’t have it any other way.

Pension 52

Pension Retirement Plan Finance Work From Home 52

HR Digest

APRIL 1, 2024

In his 2024 Annual Chairman Letter to Investors, BlackRock CEO Larry Fink brought attention to a retirement crisis letter that renewed interest in the conversation, discussing strategies on how to address the matter. 55 percent of these respondents expressed worry about achieving financial security after retirement.

401(k) 52

401(k) Retirement Plan Government Pension 52

Proskauer's Employee Benefits & Executive Compensa

NOVEMBER 27, 2023

The Proposed Rule would specifically cover a recommendation to roll over an account from an employer-sponsored plan ( e.g. , a 401(k) plan) into an individual retirement account (an “IRA”). IRA rollover advice specifically covered.

401(k) 52

401(k) Retirement Plan Education Retail 52

Proskauer's Employee Benefits & Executive Compensa

DECEMBER 2, 2022

The Revenue Procedure does specify a deadline for applying.

Taxes 109

Taxes Employment Retirement Plan Pension 109

Proskauer's Employee Benefits & Executive Compensa

DECEMBER 23, 2022

a long-awaited (and debated) package of retirement plan reforms. Given the breadth of the changes and the anticipated regulatory efforts to implement the new law, virtually all qualified retirement plans will need to be reviewed in conjunction with SECURE 2.0’s The wait is over for SECURE 2.0, may be viewed here.

401(k) 108

401(k) Retirement Plan Taxes Finance 108