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Financial Planning Tips for Older Women

Money Talk

saving for later life in an IRA or 401(k) plan) while older women need “through retirement” goals. Medicare Part B and Medigap policy premiums), travel and entertainment, and philanthropy/gifts. 401(k)s), tax-deferred accounts (e.g., 401(k)s), tax-deferred accounts (e.g.,

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3 Reasons to Boost Your Employee Benefits Offerings in 2020

Achievers

If that’s the case, it’s no wonder even seasoned employees are entertaining a change of professional scenery. A matching 401(k) or pension. Twenty-nine percent of respondents in the employee benefits survey said their company provided “the bare minimum.” Some paid parental leave. Use of a company car. Free healthcare coverage.

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RMDs: The Mandatory “Flipped Switch”

Money Talk

401(k)s and 403(b)s), however, nor can RMDs for personal IRAs and inherited IRAs be combined. Common uses are income tax estimated payments, living expenses, fun entertainment expenses (e.g., RMDs for IRAs cannot be combined with other types of accounts (e.g.,

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Recruit Better: Employee Discount Programs and Taxes

HR Bartender

Traditional benefits include employer-offered healthcare, a 401(k) program, and vision benefits. Some common employee discount programs include local restaurants, gyms, dry cleaners, entertainment venues, technologies (e.g., Perks are extras that go above and beyond traditional benefits.

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Employee Engagement Calendar: Your Year-Round Roadmap for 2024-25

Vantage Circle

Set up a pizza-themed trivia game or activity to entertain and engage employees during the event. 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.

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Retirement Research Results and Recommendations

Money Talk

in an IRA and/or a 401(k) or similar employer retirement savings account) and earn higher pension and/or Social Security benefits, working longer delays the need to take withdrawals from retirement savings and see balances decline. . Waiting to Retire Has Benefits - In addition to providing more time to save money (e.g.,

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Post-Pandemic Financial Recovery Steps

Money Talk

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. There is a lot of pent-up demand for travel, entertainment, dining out, and purchases that people put on hold.

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