COMPackage

NOVEMBER 3, 2024

This article explores the benefits of TCRSs, highlights key considerations for crafting meaningful reports, and offers a sample statement for your reference. Benefits: A detailed breakdown of employer-sponsored benefits like health insurance, paid time off (PTO), retirement plans, and wellness programs.

401(k) 52

401(k) Retirement Plan Benefits Package Health Insurance 52

HR Digest

FEBRUARY 8, 2023

If you’ve ever wondered what happens to your 401(K) when you leave a job, you’re not alone. In fact, it’s one of the most common questions employees ask when they intend to leave their jobs and make a 401(K) withdrawal. So what happens to your 401(K) when you quit or are fired?

401(k) 52

401(k) Retirement Plan Taxes Employment 52

Proskauer's Employee Benefits & Executive Compensa

JANUARY 24, 2023

A district court in New York recently dismissed a putative class action challenging retirement plan recordkeeping and investment management fees. District Court for the Southern District of New York, alleging that it violated ERISA in its management of both a 401(k) plan and a profit-sharing plan.

401(k) 109

401(k) Profit Sharing Plan Retirement Plan Management 109

Best Money Moves

JANUARY 31, 2023

Almost 4 in 10 employees say they’re not confident about reaching their retirement goals, according to a 2022 Bank of America report , and even more are unsure if they have enough savings to retire. Here are 3 ways to help all employees get prepared for life during retirement.

401(k) 119

401(k) Retirement Plan Banking Finance 119

Money Talk

JUNE 13, 2024

In a recent article for the Rutgers Cooperative Extension newsletter, VISIONS , I described key features of your tax return to review for future financial planning including income sources, tax write-offs, changes in tax filing status, tax rates and marginal tax brackets, tax withholding, retirement plan contributions, and capital gains and losses.

Taxes 125

Taxes 401(k) Retirement Plan Health Savings Account 125

Best Money Moves

NOVEMBER 7, 2023

63% of employees feel that economic uncertainty affects current and future workplace benefits and 401(k) retirement plans. Workers in the baby boomer generation are having to delay retirement due to the instability of the current economy.

401(k) 105

401(k) Retirement Plan Banking Finance 105

Genesis HR Solutions

JUNE 21, 2022

When we talk to prospective clients about our PEO’s retirement plans, they’re sometimes skeptical about the value of using them, especially if they already have their own plans in place. They wonder: Is switching to a PEO’s retirement plan worth it? as long as it’s within the plan scope we offer.

Retirement Plan 52

Retirement Plan 401(k) IT Electronics 52

WEX Inc.

JANUARY 8, 2025

Because an HSA is a savings account, youll want to designate a beneficiary (or beneficiaries), just as you would with a 401(k) or other retirement-planning accounts. Click Get Help within your online account to view our knowledgebase of help articles. Search for what you need, or peruse articles based on topic.

Flexible Spending Account 52

Flexible Spending Account 401(k) Health Savings Account Banking 52

Best Money Moves

JUNE 1, 2022

A few great ways for employers to assist employees are auto-enrolled retirement plans and increasing 401(k) contributions. Improving retirement benefits can also be a great way for employers to keep up with the competition in their industry. Each point translates into a chance to win a monthly contest.

401(k) 115

401(k) Out of Pocket Cost Benefits Package Finance 115

McDermott Will & Emery Employee Benefits

FEBRUARY 2, 2023

According to this Law360 article, seven former Schneider Electric employees accused the company and its investment manager of running afoul of the Employee Retirement Income Security Act of 1974 when they replaced well-performing funds […] The post ERISA 401(k) Fee Case Victory for Schneider appeared first on EMPLOYEE BENEFITS BLOG.

401(k) 52

401(k) Employee Benefits Management Retirement Plan 52

HR Digest

OCTOBER 29, 2022

Retirement plans are a basic necessity for companies that wish to retain employees. Employers are often tasked with whether they should go for an ESOP or 401K plan since they are the most common. If you don’t want to delve into the whole ESOP vs 401K debate, then should you go for both an ESOP and a 401K?

401(k) 52

401(k) Retirement Plan Taxes Salary 52

Hppy

SEPTEMBER 6, 2024

This encompasses both work-related benefits such as understanding how to maximize employer contributions into their 401(k)s or choosing the right investment options when it comes to their pension plans as well as learning how to manage their personal finances in more efficient and effective ways.

401(k) 41

401(k) Finance Financial Counseling Retirement Plan 41

Best Money Moves

MAY 4, 2022

According to the Morgan Stanley data, high earners were generally attracted to three financial wellness benefits: Retirement planning (69%). Financial wellness can help you go beyond with company retirement matching. High-earning employees want three key financial wellness benefits. Access to financial advising (57%).

401(k) 111

401(k) Retirement Plan Salary Finance 111

Best Money Moves

MARCH 28, 2023

Rather than going into debt or borrowing from one’s 401(k), emergency funds provide a sense of security for when unexpected costs arise. Similar to retirement match programs, some companies are matching employees’ contributions to their emergency savings fund.

401(k) 119

401(k) Retirement Plan Food Medical 119

Best Money Moves

SEPTEMBER 7, 2022

Regardless of one’s situation, not everyone’s focus is on retirement and not everyone prioritizes financial goals in the same way. According to a Health Affairs research article, by 2029, 60% of seniors will have limited mobility and 20% will have a high need for health care and functional assistance. Unable to afford long-term care.

401(k) 115

401(k) Retirement Plan Overtime Education 115

HR Digest

APRIL 22, 2023

In this article, we will explore some of the latest employee benefits trends 2023 and what employees are looking for in their benefits package. Employees want support for their financial goals, such as retirement planning or debt reduction. We will discuss the importance of these benefits to the workplace.

401(k) 105

401(k) Parental Leave Benefits Package PTO 105

WEX Inc.

FEBRUARY 23, 2023

Because an HSA is a “savings” account, you’ll want to designate a beneficiary (or beneficiaries), just as you would with a 401(k) or other retirement-planning accounts. Click “Get Help” within your online account to view our knowledgebase of help articles. How do you do this? How do you do this?

Flexible Spending Account 98

Flexible Spending Account 401(k) Health Savings Account Banking 98

Vantage Circle

JULY 5, 2019

Employees are worried about their money and roughly half are stressed about their finances and have said that their retirement plans will not be enough to support them after retirement. Consider the 401K plan, which is also a financial benefit existing way before than other benefits that organizations opt for.

401(k) 90

401(k) Retirement Plan Finance Education 90

Best Money Moves

OCTOBER 7, 2020

Almost 40 percent have delayed or are considering delaying their retirement, 36 percent have decreased or are considering decreasing their retirement savings and 29 percent have withdrawn or are considering withdrawing funds from their 401(k) account. 30 percent want information on retirement plans.

Employee Benefits 105

Employee Benefits 401(k) Banking Retirement Plan 105

Benefit Resource Inc.

MARCH 23, 2021

A few distinct advantages make HRA VEBAs an excellent retirement vehicle. While HRA VEBA funds are accessible in retirement, they are not viewed as qualified retirement plans and are not subject to the same rules as other retirement accounts, namely 401(k) and 403(b) plans.

401(k) 69

401(k) Health Savings Account Retirement Plan Taxes 69

McDermott Will & Emery Employee Benefits

JUNE 20, 2024

However, NQDC plans can create complications for plan administrators and participants. In this PLANADVISER article, Brian Tiemann and Lisa Loesel highlight several potential NQDC plan pitfalls and offer strategies to mitigate these hazards. Access the article.

Employee Benefits 105

Employee Benefits Retirement Plan 401(k) 105

HR Digest

NOVEMBER 10, 2022

In this article, we will explore the details of employee benefits including the definition, types, and costs. These plans cover the aspects of an employee’s life where solutions can be offered. To offer such benefits, you’ll need to know enough and also consider the costs of each of them and what your company is capable of.

Employee Benefits 52

Employee Benefits 401(k) Disability Insurance Health Insurance 52

Professionals Alternative

DECEMBER 13, 2023

In this article, I will delve into the crucial role of a legal secretary in a litigation team and highlight the benefits of having a proactive individual in this position. By the end of this article, you will understand why a proactive legal secretary is the secret weapon of litigation teams.

401(k) 52

401(k) Retirement Plan Technology Utilities 52

UpstartHR

APRIL 18, 2016

According to this article from the Washington Post, approximately one-third of your employees are living paycheck-to-paycheck. Cost of Living Impacts In retirement, Americans fear the rising cost of living. The study looked at what predicted success in terms of long term savings in a company’s retirement plan.

401(k) 45

401(k) Employment Retirement Plan Finance 45

Vantage Circle

SEPTEMBER 16, 2021

In this article, I will walk you through the basics of ESOPs and how they work. ESOP plan (employee stock ownership plan) is a form of employee compensation that provides employees with an equity stake in the company. Employee stock ownership plans hold shares of the company for employees, which make them valuable owners.

401(k) 52

401(k) Employee Stock Option Profit Sharing Plan Taxes 52

HR Professionals Magazine

AUGUST 30, 2022

That same survey also showed that 86% of American’s want help understanding how to generate a stream of income in retirement. 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.

401(k) 52

401(k) Retirement Plan Education Healthcare 52

COMPackage

SEPTEMBER 23, 2024

This article will explore the essential components of a customizable total compensation statement template that can be adapted to suit any industry. A well-crafted total compensation statement is a powerful tool for attracting, retaining, and motivating employees.

401(k) 40

401(k) Disability Insurance Overtime PTO 40

COMPackage

SEPTEMBER 19, 2024

This article will explore the essential components of a total rewards template. By clearly outlining the comprehensive compensation package offered, organizations can demonstrate the value they place on their employees and foster a positive work environment.

401(k) 40

401(k) Disability Insurance Overtime PTO 40

COMPackage

SEPTEMBER 13, 2024

This article will outline a step-by-step approach to creating a winning total rewards template. Total rewards, encompassing both compensation and benefits, plays a crucial role in attracting, retaining, and motivating employees.

401(k) 40

401(k) Disability Insurance Overtime PTO 40

McDermott Will & Emery Employee Benefits

DECEMBER 7, 2021

Increasing retirement plan-focused litigation has put insurance carriers and fiduciary service providers in difficult positions. In this article published in PLANSPONSOR, McDermott Partner Erin Turley said such litigation continues to be a “major focus” in the fiduciary insurance marketplace.

Insurance 52

Insurance Insurance Carriers Retirement Plan Employee Benefits 52

Patriot Software

FEBRUARY 25, 2019

Other deductions that impact take-home pay include: 401(k) or other retirement contributions. retirement plan contributions). This article is updated from its original publication date of 1/31/2012. Medical, dental, or health insurance premiums. HSA account contributions. FSA account contributions.

Take Home Pay 47

Take Home Pay Gross Pay 401(k) Deductions 47

COMPackage

SEPTEMBER 12, 2024

This article will delve into the essential components of a powerful total rewards statement template. A total rewards statement is a valuable tool for communicating the comprehensive compensation package offered to employees. Base Salary: State the employee’s base salary, including any applicable overtime or shift differential.

401(k) 40

401(k) Disability Insurance Overtime Salary 40

Higginbotham

OCTOBER 5, 2023

In this article, we will explore a range of innovative employee benefits that can help companies attract and retain the best talent in their industries. The Evolution of Employee Benefits Employee benefits have come a long way since the days of basic health insurance coverage with a savings retirement plan thrown in.

Health Insurance 52

Health Insurance Employee Benefits Insurance 401(k) 52

Genesis HR Solutions

APRIL 23, 2020

This article outlines some best practices with regard to benefits administration for new hires; use them to review and improve your benefits administration process. Retirement benefits: 401(k), 403(b), 457(b) retirement plans and IRAs. They are often offered to employees working 20 or more hours a week.

Health and Welfare 52

Health and Welfare Electronics 401(k) PTO 52

COMPackage

JULY 31, 2024

This article explores strategies for simplifying complex benefits information and creating total rewards statements that resonate with employees. Quantifying the Intangible Benefits such as health insurance, retirement plans, and paid time off are valuable but can be difficult to quantify in monetary terms.

401(k) 40

401(k) Health Insurance Retirement Plan Benefits Package 40

Vantage Circle

NOVEMBER 30, 2022

Retirement planning services. An ominously titled HBR article called How You Promote People Can Make or Break Company Culture stated: Among the 100 Best Companies, 75% of employees believe promotions go to those who best deserve them. Life insurance. Disability insurance. Tuition assistance. Paid Time Off (PTO). Stock options.

Profit Sharing Plan 105

Profit Sharing Plan PTO Bonuses Paid Leave 105

Higginbotham

DECEMBER 21, 2023

In this article, we’ll examine the current state of employee benefits , including expectations from potential and current workers, and outline some strategies businesses can utilize to make their company more competitive while anticipating the changing needs and wants of today’s workforce.

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401(k) Benefits Package Retirement Plan Flexible Spending Account 52