Money Talk

JUNE 5, 2024

This includes understanding characteristics and amounts of different categories of investments including retirement savings plans like IRAs and 401(k)s. Among the statistics that were presented from various studies are the following: ¨ 37% of women have high financial knowledge (vs. 52% of men) ¨ 48% of women (vs.

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Business Management Daily

APRIL 1, 2022

Figuring that defined-contribution plans such as 401(k)s weren’t nearly secure as they should be after the passage of the Setting Every Community Up for Retirement Enhancement Act of 2019, Congress is taking another stab at it with the Securing a Strong Retirement Act of 2021 (H.R. Student loans and 401(k) plans.

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Higginbotham

APRIL 11, 2022

proposals include: Expanding automatic enrollment in 401(k) and 403(b) retirement plans (for plan years beginning after Dec. 1, 2030, and to age 75 on Jan. proposals include: Expanding automatic enrollment in 401(k) and 403(b) retirement plans (for plan years beginning after Dec. 1, 2030, and to age 75 on Jan.

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Empuls

JUNE 21, 2024

mostly provided traditional 401(k), while 68% also offered Roth 401(k) plans.  Also known as the 401(k) bill, this makes it mandatory for businesses with 10 or more employees to offer a retirement solution to their employees.   - The same study also revealed that 94% of the employers in the U.S.

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HR Professionals Magazine

AUGUST 30, 2022

According to the US Census Bureau , nearly 10,000 Americans will turn 65 every day until 2030. This stat is proving that employees know how to use a 401(k) to save but have no idea what happens with it once they hit retirement and instead of adding to it need to take from it.

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HR Digest

NOVEMBER 4, 2023

The World Bank has projected a 9 million skilled and semi-skilled ICT workers shortage to affect Indonesia between 2015-2030. Amidst their country’s tech talent shortage, HP Indonesia is doing its best to focus on its employee retention instead of acquisition efforts, according to Human Resources Online.

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HR Digest

AUGUST 31, 2024

workforce by 2030, and as the years progress, their numbers in the workforce will only continue to grow. The more you understand your own finances and the financial systems like 401(k)s or how employer-funded educational assistance might tie into your finances, the easier it will be to feel at ease about your future.

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