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Ten Upsides of Inflation

Money Talk

Not surprisingly, much of the news was negative; e.g., soaring prices for food, gas, utilities, cars, insurance, and more. Increased Savings Contribution Limits - Maximum limits for employer retirement plans (e.g., 401(k)s) and IRAs are pegged to inflation. in June and a still-high 6.5% CPI at year-end.

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3 Ways to Improve Your Employee Retirement Benefits

Best Money Moves

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.

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How Retirement Benefits Can Boost Employee Retention for Small Businesses

Hppy

But you can think outside the box and use retirement planning to make people stick. Here are a few ways attractive retirement benefits can help your company’s retention rates: Image by kstudio on Freepik Provide Financial Security Statistics show that Americans over 65 spent $52,141 on average in 2021.

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3 Ways to Help Employees Fight Financial Stress and Economic Uncertainty

Best Money Moves

Food, gas and other household staples have increased dramatically throughout 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. However, the right financial wellness programs can help your team face an uncertain financial future head-on.

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Employee Benefits Guide for 2023: What Employers Need To Know

Vantage Circle

Meeting Legal And Ethical Obligations: Certain benefits, such as health insurance, retirement plans, and paid time off, may be required by law in many jurisdictions. Retirement Benefits Retirement benefits are critical to an employee's compensation package, providing financial security in their post-work years.

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Employee perk ideas to improve employee satisfaction and attract top talent

Business Management Daily

The most basic perks usually involve food, since people also need food to function. On-site food and dining areas also help employees stay focused. Employees who work in-person spend up to $50 a day on expenses related to commuting, parking, and buying food and coffee—expenses remote workers don’t have to worry about.

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Beyond health insurance: Innovative employee benefits that attract and retain talent

Higginbotham

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. To attract and retain top talent, business owners and managers must go beyond traditional health insurance packages and retirement plans.