Money Talk

JUNE 13, 2024

401(k) plan). Consult a Tax Professional - Consider consulting with a tax professional or financial advisor for personalized guidance and advice. Good record-keeping throughout the year will make it easier to prepare your 2024 tax return. Consider Tax-Efficient Investments- Consider strategies to minimize taxes.

Taxes 125

Taxes 401(k) Retirement Plan Health Savings Account 125

Best Money Moves

NOVEMBER 6, 2024

However, many employees feel their current benefits don’t meet their day-to-day needs, according to a 2024 Wellbeing and Voluntary Benefits Survey from HR consulting Firm Buck. It aims to create a healthier, more engaged workforce by addressing employees’ evolving needs in a way that reflects company values and mission.

401(k) 59

401(k) Voluntary Benefits Life Insurance Banking 59

HR Digest

MARCH 12, 2025

401(k) matching), stock options, or performance bonuses. Then, consult the IRS fringe benefits guide to ensure tax compliance while maximizing value. In an era of rising healthcare costs, these benefits are non-negotiable for many workers. Financial Incentives Beyond salaries, employers might offer retirement plans (e.g.,

401(k) 52

401(k) Health Insurance Taxes Retirement Plan 52

HR Lineup

MAY 10, 2023

The company also provides access to telemedicine services, which allows employees to consult with doctors and other medical professionals remotely. The platform allows employees to easily enroll in 401(k) plans and other retirement savings plans, and offers tools and resources to help employees plan for their financial future.

401(k) 130

401(k) Insurance Carriers Retirement Plan Disability Insurance 130

Best Money Moves

JANUARY 31, 2023

When it comes to retirement benefits, employees are looking for more than just a 401(k) — they want comprehensive guidance on how to prepare for the future. Invest in 1:1 financial consulting. Some may be at the beginning stages and need help simply choosing between a Roth IRA or 401(k).

401(k) 119

401(k) Retirement Plan Banking Finance 119

Insperity

AUGUST 25, 2022

Veronica Medlin Managing Director, Insperity 401(K) Plans Insperity. Veronica Medlin Managing Director, Insperity 401(K) Plans Insperity. Amy Schisler Managing Director, Midmarket Consulting & Development Insperity. Veronica Medlin Managing Director, Insperity 401(K) Plans Insperity.

401(k) 113

401(k) Consulting Health Management 113

HR Digest

SEPTEMBER 24, 2024

Boeing’s final offer to the striking workers also includes a $6,000 ratification bonus and an increase in the company’s 401(k) match. Boeing and the machinists’ union negotiations now hinge upon this offer, but the union claims the company did not consult them and discuss the offer.

401(k) 52

401(k) Pension Bonuses Consulting 52

WEX Inc.

JULY 24, 2023

HSAs have comparable — or better — perks than a 401(k) or IRA with respect to healthcare costs, including: HSA contributions reduce taxable income. 8 HSA retirement questions with Jason Cook, director of healthcare emerging market sales, WEX How do FICA taxes work for an HSA or 401(k)? “A

Retirement Plan 98

Retirement Plan 401(k) Health Savings Account Taxes 98

Vantage Circle

SEPTEMBER 6, 2024

National 401(k) Day (September 9): Promote retirement savings awareness to better prepare for the future. Host a seminar or webinar on 401(k) plan benefits and retirement savings. Provide one-on-one consultations with financial advisors for personalized advice.

401(k) 106

401(k) Education Media Food 106

WEX Inc.

OCTOBER 15, 2024

While HSAs combine several of the best features of 401(k)s and flexible spending accounts (FSAs), they are often overlooked and underutilized. For legal, tax, or investment advice, you should consult your own legal counsel, tax, and investment advisers. The information in this post is for educational purposes only.

401(k) 52

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

Business Management Daily

MAY 12, 2023

Via your 401(k) plan record-keeper In 2021, a federal trial court ruled that employees’ personal information—their names, contact information, Social Security numbers, financial information, investment history, investments, account balances, etc. You can ask your 401(k) record keeper, health plan, payroll provider , etc.

Mining 105

Mining 401(k) Commissions Healthcare 105

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. For legal or tax advice, you should consult your own counsel. Your balance rolls over from year to year, and the account stays with you even if you change jobs.

Flexible Spending Account 52

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

WEX Inc.

JUNE 13, 2023

This could be an HSA, 401(k), IRA, and more. HSAs also have comparable or better perks than a 401 (k) or IRA with respect to healthcare costs. This allows employees to contribute a portion of their salary towards retirement, with an option for employers to match a portion of those contributions.

Retirement Plan 98

Retirement Plan 401(k) IT Healthcare 98

Insperity

FEBRUARY 13, 2018

Make a 401(k) plan available to them. When you offer a 401(k) plan, your employees will feel more assured about their future. You may find that some employees are hesitant to join a 401(k) because they don’t understand how it works or feel intimidated about choosing investment funds. Everybody wins.

401(k) 75

401(k) Disability Insurance Flexible Spending Account Deductible 75

WEX Inc.

OCTOBER 4, 2023

This makes HSAs appealing to many members who see them as a complement to their retirement savings , alongside their 401(k). Similar to a 401(k), you can make pre-tax contributions to your HSA and enjoy tax-free growth on your investments. For legal or tax advice, you should consult your own counsel.

401(k) 98

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

HR Bartender

MAY 1, 2018

For the first time, Kronos was named one of the FORTUNE 100 Best Companies to Work For according to global research and consulting firm Great Place to Work. We increased the 401(k) match; created a scholarship program for employees’ children; and launched a child care assistance program. Congrats to them! Enjoy the article.).

401(k) 141

401(k) Parental Leave Paid Vacation PTO 141

Money Talk

JUNE 24, 2021

Replenish Retirement Accounts - Consult with your employer HR department or plan custodian about steps to repay what you borrowed from a tax-deferred employer retirement savings plan such as a 401(k) or 403(b) plan. Like emergency fund replenishment, this will likely be done in a series of small steps.

401(k) 100

401(k) Finance Entertainment Pension 100

InterWest Insurance Services

AUGUST 30, 2022

401(k)s or other retirement plans. But just improving benefits or adding benefits without consulting staff can backfire. Among these must-have benefits: Prescription drug coverage. Dental insurance. Life insurance. Vision care. Accident insurance. Long-term and short-term disability insurance. Cancer insurance. Legal services.

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Benefits Package 401(k) Disability Insurance Health Insurance 98

HR Professionals Magazine

JULY 26, 2022

Before we jump into another exhilarating talk around 401(k) legislation (please sense my sarcasm), I want you to take a few seconds and ask yourself why it all truly matters. Sure, 401(k)s are an incredibly important part of a company’s total benefits package. By Jim Trujillo. I can tell you; it is not a pretty sight.

401(k) 52

401(k) Benefits Package Retirement Plan Government 52

Empuls

AUGUST 27, 2024

Google Google offers very strong retirement plans by providing its employees 401(k) matching and financial planning resources to not feel vulnerable about the future, which in turn increases their loyalty and long-term satisfaction.  Documentation: Benefits offerings and compliance efforts should be very well documented.

Family and Medical Leave Act 40

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

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. For legal or tax advice, you should consult your own counsel. Your balance rolls over from year to year, and the account stays with you even if you change jobs.

Flexible Spending Account 98

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

Benefit Resource Inc.

NOVEMBER 29, 2023

You might plan for retirement by contributing to a 401k plan. You have a healthy retirement plan with a 401K, but lack options for comprehensive group medical benefits. Always consult your financial or benefits advisor before taking any actions affecting your retirement or benefits planning.

401(k) 98

401(k) Medical Retirement Plan Health Savings Account 98

Insperity

JUNE 26, 2018

Will you match the employee’s contribution up to a certain amount annually, much like a 401(k) company match ? How much will you offer? Some companies offer as little as $50 a month, while others offer $5,000 a year. Will you limit the total amount you’ll contribute over five years? Will this benefit only be available to new employees?

401(k) 65

401(k) Benefits Package Taxes Banking 65

HR Professionals Magazine

SEPTEMBER 2, 2021

As pensions have gone by the wayside and 401(k) plans have gained more notoriety, employees have become increasingly more aware of their employer sponsored retirement plans, and the financial benefits they provide. At its most basic level, a 401(k) plan allows employees to save for their personal retirement needs.

Retirement Plan 52

Retirement Plan roth 401(k) 401(k) Taxes 52

Insperity

MARCH 15, 2018

You also need to track voluntary deductions like health insurance and 401(k) contributions, prepare and file quarterly reports, and process w-2s at the end of the year. Good payroll providers offer access to a dedicated payroll consultant, 401(k) plans and compliance assistance.

Payroll 70

Payroll 401(k) Professional Employer Organization Taxes 70

HR Digest

DECEMBER 2, 2023

The SHRM study also found that 62 percent of employees reported health care/medical benefits as important job satisfaction components, and 41 percent valued defined contribution plans like 401(k).

Employee Retention 96

Employee Retention Salary Health and Welfare 401(k) 96

Health Consultants Group

APRIL 1, 2021

Qualified Plans: The rules consider 401(k) plans, 403(b) plans, governmental section 457(b) plans as qualified. Contact Health Consultants Group. The post How CARES Act Affects Employee Retirement Plan Distributions appeared first on The Health Consultants Group.

Retirement Plan 52

Retirement Plan 401(k) Taxes Pension 52

WEX Inc.

OCTOBER 8, 2024

Investing in an HSA differs from a 401(k) or IRA because offers a unique triple-tax advantage: contributions are tax-deductible, growth is tax-free, and withdrawals for qualified medical expenses are also tax-free. For legal or tax advice, you should consult your own legal counsel, tax and investment advisers.

401(k) 52

401(k) Health Savings Account Deductible Deductions 52

Business Management Daily

OCTOBER 24, 2023

Some of what the SEC requires works just as well for interactions with your third-party providers, like payroll providers and 401(k) third-party administrators. To what extent do you engage assessors, consultants, auditors or other third parties in connection with your cybersecurity processes?

401(k) 52

401(k) Employment Payroll Consulting 52

Kollath CPA

OCTOBER 4, 2022

The IRS is not trying to cut down on legitimate methods for avoiding or postponing taxes, such as IRAs and 401(k) plans. Always consult with a qualified professional before involving yourself or your business in a complex financial situation. A certain profit on the sale of a primary residence is also sheltered from taxes.

Taxes 52

Taxes 401(k) Deductible Deductions 52

UpstartHR

JULY 13, 2015

My current role is President and CEO of PZI International Consulting, Inc, where I helps clients effectively and legally expand their talent into global marketplaces. Investing in your international HR group is as important as investing in your 401k plan or your product development.

Management 86

Management 401(k) Human Resources Consulting 86

Abel HR

MARCH 7, 2023

You’ll need to consider benefits such as health insurance, life insurance, and 401(k). And if your current employer is not utilizing our services, ask him or her to contact us for a consultation. In that case, it could be best to devise an exit strategy instead. This can involve more than just finding another job.

401(k) 52

401(k) Life Insurance Health Insurance Insurance 52

Insperity

OCTOBER 2, 2018

Our nation’s first major tax reform in more than 30 years has spurred many business owners to spend hours with their CPAs and tax consultants over the past few months. A PEO can help you provide your employees with access to competitive benefits that include medical, dental and vision insurance, 401(k) retirement plans and much more.

Taxes 72

Taxes 401(k) Payroll Professional Employer Organization 72

Best Money Moves

NOVEMBER 7, 2024

However, many employees feel their current benefits don’t meet their day-to-day needs, according to a 2024 Wellbeing and Voluntary Benefits Survey from HR consulting Firm Buck. It aims to create a healthier, more engaged workforce by addressing employees’ evolving needs in a way that reflects company values and mission.

401(k) 52

401(k) Voluntary Benefits Life Insurance Banking 52

Vantage Circle

SEPTEMBER 16, 2021

What's the Difference Between 401k Plans and ESOP? times higher than 401(k)s. In contrast, employees with 401(k) plan usually only put in around 4%. Thus, before getting started, it is best to consult with a well-versed professional about the potential of this model. How is ESOP Calculated?

401(k) 52

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

Genesis HR Solutions

JUNE 17, 2021

Schedule a free, no-obligation consultation now. 401(k) enrollment. Cost of consultants, attorneys, specialists to handle issues they may not be familiar with. These scenarios are exactly why PEOs like GenesisHR exist. Find out if a PEO partnership with GenesisHR could change your business for the better. In-house Hire.

401(k) 52

401(k) Payroll Payroll Service Taxes 52

Insperity

MARCH 12, 2024

In a 401(k) plan, the most common type of retirement plan, employees can save up to a certain amount set by the U.S. The financial wellness of your workforce is especially critical given economic conditions, record-high inflation and high levels of household debt, leading many workers struggling to save enough money.

Family and Medical Leave Act 59

Family and Medical Leave Act Employee Benefits PTO 401(k) 59