WEX Inc.

JUNE 13, 2024

How is your HSA vs. your 401(k) vs. your IRA shaping up for retirement planning? To help you prepare, here is a breakdown of three common retirement accounts: an HSA vs. a 401(k) vs. an IRA. A 401(k) is … A 401(k) is a retirement savings plan offered by many employers that provides tax advantages.

401(k) 96

401(k) Retirement Plan Health Savings Account Deductions 96

HR Lineup

MARCH 13, 2022

Nonetheless, some common examples include: 401(k). These tax credits come in handy in administration, especially on educating them about the plan. What’s more, some 401(k) contributors may also be further eligible for tax credits. Examples of qualified plans. 403(b) plans. Keogh (HR-10). Target benefit plans.

Retirement Plan 246

Retirement Plan 401(k) Gross Pay Profit Sharing Plan 246

WEX Inc.

NOVEMBER 21, 2024

Beyond the traditional 401(k) match , some employers are introducing student loan repayment matching , helping employees reduce debt while saving for retirement. Check out our Benefits Buzz podcast episode to learn more: Financial education Financial literacy remains crucial as employees look to maximize their benefits.

Employee Benefits 104

Employee Benefits 401(k) Employment Health Savings Account 104

WEX Inc.

NOVEMBER 14, 2024

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. The information in this blog post is for educational purposes only.

401(k) 98

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

International Foundation of Employee Benefit Plans

APRIL 28, 2022

Read more > The post Five Reasons Why Cryptocurrencies Can Present Serious Risks to 401(k) Fiduciaries and Participants appeared first on Word on Benefits.

401(k) 103

401(k) Employee Benefits Education 103

Vantage Circle

MARCH 25, 2025

Companies that think free snacks and a 401(k) match are enough? Retirement Plans (401(k) & Pensions) A robust 401(k) match or pension plan is a powerful signal that a company views its employees as long-term partners, not disposable resources. The modern workforce wants more. What’s next?

Employee Benefits 85

Employee Benefits Family and Medical Leave Act 401(k) PTO 85

Employee Benefit News

DECEMBER 14, 2023

No matter where an employee is in their financial journey, educating them on options is beneficial to their well-being and your bottom line.

Education 228

Education 401(k) Employee Benefits 228

Achievers

MAY 10, 2018

If you’re not offering employees education opportunities then you might want to reconsider. Today’s generation of workers have put employee education and development high on their list of the most-desired benefits that a company can offer. Offering Educational Training and Development Increases Profits.

Education 164

Education 401(k) Salary Health Insurance 164

Money Talk

FEBRUARY 1, 2024

saving 10% of pay in a 401(k) plan). Education Matters- One study found that 88% of millionaires graduated from college and 52% have a master’s, doctoral, or professional degree. Education Matters- One study found that 88% of millionaires graduated from college and 52% have a master’s, doctoral, or professional degree.

401(k) 188

401(k) Finance Pension Commissions 188

Insperity

OCTOBER 1, 2024

Emphasize wellness in benefits offerings Most standard benefits packages include things like health insurance, a 401(k) retirement plan and PTO. Educational resources for further wellness-related education and guidance, such as general tips on nutrition, exercise and stress management. Health advocacy services.

Employee Wellness 84

Employee Wellness 401(k) PTO Retirement Plan 84

Business Management Daily

MARCH 21, 2022

Setting up a 401(k) for employees can be a daunting task for small business owners. 401(k)s allow employees to set aside a percentage of their salary to plan for their future retirement. 401(k)s allow employees to set aside a percentage of their salary to plan for their future retirement. What is a 401(k)?

401(k) 52

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

Money Talk

SEPTEMBER 22, 2022

Psychosocial Impacts- In addition to health impacts such as mental confusion, depression, nausea, and constipation, other impacts include the destruction of families, low educational achievement, unemployment, homelessness, increased crime and fatalities due to motor vehicle accidents, increased transmission of disease (e.g.,

Finance 245

Finance 401(k) Hospitality Taxes 245

Money Talk

SEPTEMBER 30, 2022

This is especially true when you “did everything right” and saved money in IRAs, 401(k)s and the like, as financial experts recommended. I am one of those financial educators and “walked my talk.” When taxpayers get caught off-guard by IRMAA , as many do, it is easy to get angry at the government. IRMAA seems very punitive.

401(k) 245

401(k) Taxes Pension Deductions 245

Vantage Circle

SEPTEMBER 6, 2024

Host a brief educational session about the traditions and history of Chinese New Year to foster cultural awareness and inclusivity. Organize fun and educational activities for children, such as interactive tours or hands-on workshops. Share educational content on fire safety and prevention to raise awareness among employees.

401(k) 105

401(k) Education Media Food 105

InterWest Insurance Services

JULY 20, 2022

Keep in mind that the ritual of choosing a benefits package is a brand-new experience for people who are new to the workforce, and you should prepare to educate new employees on how to effectively choose and use their new coverages, as well as all the details like premiums, deductibles and out-of-pocket expenses. Continuing education.

Education 98

Education 401(k) Deductions Deductible 98

Money Talk

OCTOBER 19, 2023

Several months ago, in the space of one day, I attended a webinar about longevity by a financial planner, read a research report about “longevity literacy,” and attended a health education class for older adults. At the end of the day, I realized that all three of these events were interrelated.

401(k) 213

401(k) Finance Medical Deductions 213

HR Lineup

FEBRUARY 8, 2022

These include non-profit organizations, religious, educational, and charitable institutions. When it comes to FUTA tax, you will start by figuring out all the payments paid to your employees, including salaries, wages, sick pay, bonuses, contributions towards the 401(k), etc.

Taxes 243

Taxes 401(k) Government Insurance 243

Proskauer's Employee Benefits & Executive Compensa

FEBRUARY 17, 2023

legislation that was enacted at the end of 2022 included an expansion of the ability for a section 401(k) or 403(b) plan, or a governmental section 457(b) plan, to provide matching contributions on participants’ student loan payments. the cost of attendance at an eligible education institution). Prior to SECURE 2.0,

401(k) 115

401(k) Education Taxes Employment 115

Money Talk

SEPTEMBER 14, 2023

One place where there is a gap in adult financial education is programs for older adults age 65+. 401(k), 403(b), 457, thrift savings plan), Traditional IRAs funded with pre-tax dollars, simplified employee pensions (SEPs) for self-employed workers, and annuities.

Taxes 194

Taxes 401(k) Retirement Plan Pension 194

Money Talk

JANUARY 11, 2023

The easiest way to “pay yourself first” is to have savings deducted automatically from your paycheck through a 401(k) or other workplace savings plan. Pay Yourself First (PYF)- PYF treats savings with the same high priority as a mortgage, rent, or car loan payment. and the “Ballpark Estimate” calculator on the Web site www.asec.org.

401(k) 185

401(k) Finance Insurance Deductions 185

Money Talk

APRIL 4, 2024

All other tax-deferred plans, like 401(k)s and the thrift savings plan (TSP), must have RMDs calculated separately. Required Minimum Distributions (RMDs) - Only IRAs and 403(b) plans (for school and non-profit sector employees) can be aggregated to calculate RMDs.

401(k) 196

401(k) Taxes Finance Education 196

Business Management Daily

FEBRUARY 18, 2022

The Employee Benefits Security Administration has had an on-again, off-again approach to whether employers can allow 401(k) investment choices to promote social, environmental, or other public policy causes—called economically targeted investments or sometimes environmental, social, or governance investing.

401(k) 59

401(k) Pension Retirement Plan Commissions 59

Money Talk

APRIL 28, 2022

When pressed for time to fit ABL into your day, consider “educational multi-tasking” (e.g., Health Savings Accounts - One study found that the tax savings on many employees’ contributions to a health savings account (HSA) increases wealth by more than an employer match on the same employees’ 401(k) contributions.

401(k) 186

401(k) Health Savings Account Finance Retirement Plan 186

Money Talk

DECEMBER 29, 2022

Below are 10 of my top take-aways: Knowledge is Power - While new state financial education mandates are getting lots of media attention (and rightly so), financial education works for everyone! Recent research provides clear evidence of the positive effects of financial education on financial behaviors.

401(k) 181

401(k) Taxes Retirement Plan Finance 181

Griffin Benefits

NOVEMBER 1, 2022

Together, these combined announcements by the IRS detail 2023 adjusted limits to the amounts employees can tuck away pretax into Flexible Spending Accounts (FSAs), Health Savings Accounts (HSAs), transportation benefits, and retirement plans such as 401(k)s. Educating Employees On The Changes.

401(k) 85

401(k) Retirement Plan Health Savings Account Deductions 85

InterWest Insurance Services

JULY 11, 2024

The Department of Labor’s new fiduciary rule, which mainly applies to 401(k) plans, will also affect employers who offer their staff health savings accounts. Investment education That doesn’t mean that employers can’t educate their workers on the features of their HSAs.

401(k) 98

401(k) Health Savings Account Employment Commissions 98

Proskauer's Employee Benefits & Executive Compensa

DECEMBER 15, 2023

The technical corrections bill includes this omitted language, clarifying that catch-up contributions are permitted in 401(k), 403(b), and 457(b) plans for all catch-up eligible participants. Starter 401(k) Plans. Automatic Enrollment Provision Applied to Multiemployer Plans. However, SECURE 2.0 The text of SECURE 2.0

401(k) 98

401(k) Retirement Plan Education Finance 98

Money Talk

APRIL 7, 2022

401(k)s, 403(b)s, and traditional IRAs) can begin making penalty-free withdrawals starting at age 59½. Unlike meetings that last 1-2 hours, weddings (a day or weekend), vacations (1-2 weeks), and higher education (4-5 years), retirement can last decades and many people fail to plan.

401(k) 189

401(k) Taxes Finance Education 189

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. Educate employees Social Security, Medicare and other retirement benefits. 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

WEX Inc.

SEPTEMBER 18, 2024

An informative blog , educational videos and savings and goal calculators make it easy for you to determine your plan elections. That’s essentially what you’re doing when your employer offers to contribute or match your contributions to a benefits plan or 401(k) and you’re not taking advantage.

401(k) 52

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

Best Money Moves

FEBRUARY 22, 2022

Events, contests and webinars can be an easy way to encourage employees and teach them about 401(k) tax benefits. Add financial wellness programs and education to employee benefits. Address the retirement race gap head-on and use 401(k) auto-enrollment to increase participation.

401(k) 105

401(k) Education Food Finance 105

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. WEX is excited to use HSA Day to educate employers and employees about the value of HSAs.” The information in this post is for educational purposes only.

401(k) 52

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

Best Money Moves

NOVEMBER 6, 2024

Companies can also incorporate sleep education into their wellness programs. Programs like auto enrollment into 401(k) plans, starting with an 8-10% contribution rate and auto-escalating annually can start employees on a secure path toward retirement saving.

401(k) 59

401(k) Voluntary Benefits Life Insurance Banking 59

Best Money Moves

NOVEMBER 18, 2020

401(k) student loan matching is a relatively new program that the IRS approved in 2018. It allows employers to match student loan payments with a contribution to an employee’s 401(k). When employees have financial questions that need answers, Best Money Moves has a team of money coaches ready to help.

401(k) 105

401(k) Employee Benefits Employment Finance 105

Employee Benefit News

NOVEMBER 28, 2023

Holistic communication can help educate employees on how to make the most of their retirement plans.

Retirement Plan 299

Retirement Plan Education 401(k) Employee Benefits 299

Empuls

AUGUST 30, 2024

  Types of employee perks  Traditional perks: Organizations like Google, Johnson & Johnson and Microsoft offer variety of health and wellness facilities like mental health, wellness programs and memberships while Amazon, Apple and Intel offer financial perks such as 401(k) plan, stock options etc. 

401(k) 40

401(k) Parental Leave Health Insurance Benefits Package 40

International Foundation of Employee Benefit Plans

APRIL 16, 2024

My companions were not up for the hike, so I […] The post Educating DC Plan Participants for the Long Hike to Retirement appeared first on Word on Benefits. Many years ago, I visited Grand Canyon National Park with my mom and aunt. It was unseasonably hot, but I wanted to walk down into the canyon on the Bright Angel Trail.

Education 98

Education 401(k) Pension Employee Benefits 98