401(k), Deductions and Professional Employer Organization

How the SECURE 2.0 Act of 2022 benefits your workplace

Insperity

OCTOBER 10, 2023

employer-sponsored 401(k) plans. Act seeks to: Open access to 401(k) retirement plans to more people Provide greater opportunities to save Offer financial incentives to save while removing common barriers and penalties So, what does the law require of employers? The SECURE 2.0 The SECURE 2.0 The SECURE 2.0

401(k)

401(k) Retirement Plan Taxes Benefits Package

16+ types of employee benefits you should consider

Genesis HR Solutions

SEPTEMBER 22, 2020

At the end of this article, we’ll explain how a professional employer organization (PEO) can help you select, negotiate, and administer best possible benefits for your company. There are four major types of employee benefits many employers offer: medical insurance, life insurance, disability insurance, and retirement plans.

401(k)

401(k) Employee Benefits roth 401(k) Disability Insurance

5 steps to more financially stable employees

Insperity

FEBRUARY 13, 2018

Oftentimes, people will pay more monthly for car insurance so they can get a low deductible, usually $500. However, if they crunched the numbers, they could be paying more than $500 a year in higher premiums just to have the lower deductible. The reality is that they may be better served with a higher deductible and lower monthly cost.

401(k)

401(k) Disability Insurance Flexible Spending Account Deductible

How Employers Can Help Generation X Save for Retirement

Insperity

APRIL 5, 2016

While it’s not really your job to make sure your employees are saving for retirement, having a 401(k) plan among other benefits can help you both. Giving birth to a 401(k) is like giving birth to a baby. Just a 401(k) plan as a benefit is a good thing. A 401(k) matching program is a budget item.

401(k)

401(k) Employment Retirement Plan Professional Employer Organization

What’s new with retirement legislation

Business Management Daily

AUGUST 9, 2019

That’s a dramatic drop in a very short time—a 71% decline since 1979, when about four in 10 workers could count on receiving a monthly check directly from an employer-funded pension when they retired. Almost all American workers now depend on defined-contribution plans such as 401(k)s and 403(b)s to fund their retirements.

401(k)

401(k) Retirement Plan Pension Government

3 ways outdated payroll processes hurt your business

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

Payroll 401(k) Professional Employer Organization Taxes

10 signs your business needs a PEO

Insperity

FEBRUARY 15, 2018

Have you considered outsourcing your business’s HR to a professional employer organization (PEO)? Do you know if your employees’ 401(k) deductions are being properly calculated and reported on time? Download our free e-book, HR Outsourcing: A Step-by-Step Guide to Professional Employer Organizations (PEOs).

401(k)

401(k) Professional Employer Organization Benefits Package Payroll

31 HR Acronyms Explained

Genesis HR Solutions

MAY 2, 2023

1099: A form that reports income from self employment earnings, interest and dividends, government payments, and more. TurboTax ) 401(k): Retirement plans named for the section of the tax code that governs them. ( TurboTax ) 401(k): Retirement plans named for the section of the tax code that governs them. (

Family and Medical Leave Act

Family and Medical Leave Act 401(k) Flexible Spending Account Health Savings Account

Navigating employee benefits: A comprehensive guide for growing businesses

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. Many employers match their employees’ contributions to boost their savings. Bureau of Labor Statistics (BLS) , private-sector employers spend an average of $2.86 Internal Revenue Service (IRS) each year.

Family and Medical Leave Act

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

5 Steps to Building an Employee Benefits Program That Won’t Break the Bank

Insperity

AUGUST 9, 2016

Choosing a high-deductible plan may help you pay less in premiums, but requires your employees to cover more of their costs out of pocket. Retirement savings plans – Offering a defined contribution retirement plan, such as a 401(k), can help you stay competitive.

Banking

Banking Employee Benefits Disability Insurance 401(k)

EOR vs. PEO: What’s the difference?

Genesis HR Solutions

AUGUST 20, 2021

In this article, we’ll discuss the differences between a professional employer organization (PEO) vs. EOR, and why companies should consider a PEO first. An employer of record (EOR) is a third-party company that takes over as the legal employer for your workforce. EOR vs. PEO: What’s the difference?

401(k)

401(k) Human Resources Professional Employer Organization Workers’ Compensation

EOR vs. PEO: What’s the difference?

Genesis HR Solutions

AUGUST 19, 2021

In this article, we’ll discuss the differences between a professional employer organization (PEO) vs. EOR, and why companies should consider a PEO first. An employer of record (EOR) is a third-party company that takes over as the legal employer for your workforce. EOR vs. PEO: What’s the difference?

401(k)

401(k) Human Resources Professional Employer Organization Workers’ Compensation

What Are Payroll Liabilities?

Abel HR

APRIL 30, 2020

Other withholdings: Beyond taxes, chances are you also take a variety of deductions from your employee’s paychecks to cover contributions to health insurance, retirement or 401K plans, and even court-ordered wage garnishments.

Payroll

Payroll 401(k) Taxes Payroll Software

Steps In Benefits Administration For New Hires: 6 Best Practices

Genesis HR Solutions

APRIL 23, 2020

(“Full time” generally refers to employees who work more than 30 hours per week, although with regard to compliance, the definition depends on the ACA requirement for applicable large employers to provide medical benefits to employees who work more than 30 hours). Retirement benefits: 401(k), 403(b), 457(b) retirement plans and IRAs.

Health and Welfare

Health and Welfare Electronics 401(k) PTO

4 Health Insurance Options For Small Business Owners

Genesis HR Solutions

SEPTEMBER 21, 2021

*GenesisHR can help your small business get HRA plan documents; administer your ICHRA; take deductions through payroll, and more. PEO stands for “professional employer organization”; small and midsize businesses that engage a PEO gain an ally when it comes to health insurance. You can learn more here.

Health Insurance

Health Insurance Insurance 401(k) Insurance Carriers

Understanding the cost of employee benefits & what it means for your company

Genesis HR Solutions

AUGUST 9, 2018

401(k) and retirement plans. Sometimes benefits are paid for wholly by employers; other times they are paid for by employees, and sometimes the expenses are shared. How the benefits expenses are shared (or not) is determined by the employer. How do you decide which benefits your organization should offer?

Employee Benefits

Employee Benefits 401(k) Health Insurance Insurance Carriers

Employee Benefits That Matter: How Small Businesses Win Big With Their Teams

Vantage Circle

FEBRUARY 26, 2025

. - peoplekeep.com Unlocking Tax Advantages Many employee benefits offer tax advantages for both employers and employees. For instance, contributions to health insurance premiums and retirement plans can be tax-deductible for employers, while employees may receive these benefits tax-free.

Family and Medical Leave Act

Family and Medical Leave Act Employee Benefits Disability Insurance Benefits Package

Comp and Benefits Today

How the SECURE 2.0 Act of 2022 benefits your workplace

16+ types of employee benefits you should consider

Trending Sources

5 steps to more financially stable employees

How Employers Can Help Generation X Save for Retirement

What’s new with retirement legislation

3 ways outdated payroll processes hurt your business

10 signs your business needs a PEO

31 HR Acronyms Explained

Navigating employee benefits: A comprehensive guide for growing businesses

5 Steps to Building an Employee Benefits Program That Won’t Break the Bank

EOR vs. PEO: What’s the difference?

EOR vs. PEO: What’s the difference?

What Are Payroll Liabilities?

Steps In Benefits Administration For New Hires: 6 Best Practices

4 Health Insurance Options For Small Business Owners

Understanding the cost of employee benefits & what it means for your company

Employee Benefits That Matter: How Small Businesses Win Big With Their Teams

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