Benefit Resource Inc.

JANUARY 31, 2019

Make sure you are getting the 401(k) match. Many employers will offer a 401(k) match up to a certain percentage. Additionally, contributions to a 401(k) are made will pre-tax dollars, so you save on taxes as well. Just like 401k matching programs, more employers are offering HSA matching programs.

401(k) 69

401(k) Taxes Medical Bonuses 69

Patriot Software

OCTOBER 10, 2022

If you provide a 401(k) account as a benefit to your employees, you need to know the deadline for depositing the employee deferrals into their accounts. If you don’t deposit 401(k) contributions on time, you might face multiple consequences.

401(k) 93

401(k) Payroll 93

Patriot Software

OCTOBER 17, 2022

Two common retirement plans for employees are individual retirement arrangement/account (IRA) plans and 401(k) plans. Are you thinking about offering retirement plans at your small business? There are a lot of retirement options to choose from. Maybe you are considering establishing a Roth, or post-tax contribution, retirement plan.

401(k) 94

401(k) roth 401(k) Retirement Plan Taxes 94

Patriot Software

JANUARY 25, 2021

As an employer, you can offer small business retirement options, like 401(k) plans, to your employees. But when it comes to 401(k) options, it isn’t just a one and done type of deal. There are a few different types of 401(k) plans to choose from.

401(k) 85

401(k) Employment IT Payroll 85

Patriot Software

JULY 11, 2022

In the United States, the most common type of retirement plan is the trusty 401(k). However, not all 401(k)s are the same. With over 60 million active participants and an estimated $7.3 trillion in assets, businesses of all sizes offer this type of plan to help their employees save for the retirement they deserve.

401(k) 87

401(k) Retirement Plan Payroll 87

Money Talk

FEBRUARY 1, 2024

saving 10% of pay in a 401(k) plan). Payroll deductions for defined contribution plans, like 401(k)s, make adhering to advice to “pay your first” automatic. What matters is that proactive action is taken afterward to increase savings and reduce debt so that a positive net worth steadily grows.

401(k) 188

401(k) Finance Pension Commissions 188

Achievers

DECEMBER 16, 2019

And for 75 percent, a good benefits package would make them take one job over another,” says a recent employee health benefits survey by QuickBooks Payroll. A matching 401(k) or pension. “For 41 percent of small business employees, benefits are crucial when accepting a new job, second to salary. Some paid parental leave.

Employee Benefits 309

Employee Benefits 401(k) PTO Benefits Package 309

HR Lineup

FEBRUARY 8, 2022

The Federal Unemployment Tax Act (FUTA) is a payroll or unemployment tax that employers pay to the federal government to fund unemployment insurance programs and unemployment benefits for individuals with no jobs. If you are just setting up a new business and looking to learn more about these taxes, we have prepared this guide for you.

Taxes 243

Taxes 401(k) Government Insurance 243

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 Deductible 52

Patriot Software

JUNE 13, 2022

Want to claim 401(k) tax credits worth up to $16,500? If so, you might be interested in starting a 401(k). But to do that, you need to know how to set up a 401(k) in your small business. […] READ MORE.

401(k) 73

401(k) Benefits Package Taxes Payroll 73

HR Lineup

DECEMBER 27, 2022

Rippling is a comprehensive time and attendance software that streamlines the process of tracking employee hours and managing payroll. With this tool, businesses can easily record and track employee attendance, schedule shifts, and calculate payroll in real-time.

401(k) 130

401(k) Payroll System Payroll Deductible 130

HR Digest

JANUARY 11, 2021

Human Resources Management Systems (HRMS) these days manage a wide variety of tasks ranging from assessment to learning and strategy planning to payroll management. Gusto – Best HR software for payroll management. The cloud-based all-in-one HR platform is best known for its online payroll services. Founded 2011.

401(k) 71

401(k) Software Human Resources Management 71

Patriot Software

AUGUST 22, 2022

Part of being an employer means running payroll. And chances are, you probably have to deal with a few types of payroll deductions, like 401(k) or health insurance, when paying employees.

Deductible 86

Deductible Deductions 401(k) Payroll 86

InterWest Insurance Services

JANUARY 17, 2023

There is a growing threat to companies that use online services to administer their employee benefits and payroll as cyber criminals increasingly exploit these cloud service platforms. Do not assume that the payroll and benefit system you are using has safeguards in place to prevent these types of attacks. Health insurance, and.

Payroll 98

Payroll 401(k) Payroll System Payroll Service 98

Business Management Daily

JANUARY 21, 2022

The IRS uses those codes to determine compliance with other sections of the tax code, like 401(k) compliance and teasing out employees who earn too much to make tax-deductible IRA contributions. W-2 coding for 401(k) contributions. Use Code D to report 401(k) make-up pretax contributions. Remember Sally?

401(k) 52

401(k) Taxes Payroll Deductible 52

HR Lineup

JANUARY 29, 2023

It offers a variety of HR services including compliance, benefits, and payroll, delivered by a team of certified HR professionals. The platform provides small businesses with access to a range of benefits, including health insurance, 401(k) plans, and paid time off, helping small businesses attract and retain top talent.

401(k) 130

401(k) Payroll Service Health Insurance Payroll 130

HR Lineup

FEBRUARY 9, 2023

Justworks is a comprehensive HR and payroll platform designed to simplify and streamline the HR processes of small and mid-sized businesses. The platform offers a suite of tools and services to help companies manage their employees, benefits, payroll, compliance, and more.

401(k) 130

401(k) Payroll System Retirement Plan Payroll 130

HR Lineup

JANUARY 9, 2023

OnPay is a cloud-based payroll and HR solution designed to simplify and streamline the process of managing payroll, benefits, and HR tasks for small to medium-sized businesses. With OnPay, businesses can easily track employee time, process payroll, and manage employee benefits all in one place. Automated Payroll Taxations.

401(k) 130

401(k) Payroll Retirement Plan Health Insurance 130

HR Lineup

DECEMBER 28, 2022

This includes everything from health insurance and 401(k) plans to employee assistance programs and life insurance. This includes everything from payroll processing and employee onboarding to performance management and employee development. In addition to employee benefits, Invo PEO also provides HR support to its clients.

401(k) 130

401(k) Life Insurance Health Insurance Professional Employer Organization 130

HR Lineup

FEBRUARY 9, 2023

The platform is designed to help businesses streamline and automate various HR processes such as benefits administration, payroll management, and compliance with state and federal regulations. Another key component of Ease is its payroll management module, which helps businesses process their payroll accurately and efficiently.

401(k) 130

401(k) Payroll Manager Payroll Health Insurance 130

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? Act, such as adapting payroll and record-keeping systems.

401(k) 113

401(k) Retirement Plan Taxes Benefits Package 113

HR Lineup

DECEMBER 29, 2022

Their services include payroll, benefits, HR management, and compliance support, allowing businesses to outsource these tasks and focus on their core operations. These include access to a wide range of health insurance plans, 401(k) retirement plans, and employee assistance programs.

401(k) 130

401(k) Retirement Plan Health Insurance Professional Employer Organization 130

HR Lineup

FEBRUARY 9, 2023

It offers a comprehensive solution for businesses to manage their employee benefits program and streamline various HR processes such as onboarding, payroll, and compliance. The platform integrates with popular payroll providers and insurance carriers to provide real-time data and insights into benefits and HR programs.

401(k) 130

401(k) Insurance Carriers Voluntary Benefits Life Insurance 130

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

Vantage Circle

SEPTEMBER 6, 2024

National Payroll Week (September 2-6): Celebrate the economic, cultural, and social achievements of employees across America. Celebrate by highlighting the role of the payroll team with a dedicated appreciation event. Share insights about the payroll process and its importance through internal communications.

401(k) 106

401(k) Education Media Food 106

Business Management Daily

JANUARY 5, 2023

Act of 2022 —90+ provisions focused on 401(k) and other retirement plans. Congress has chosen to pay for it by mandating that plans offering certain 401(k) features, like catch-up contributions, be made on an after-tax, Roth basis. 401(k) plans established after Dec. builds on what we can now call SECURE 1.0,

401(k) 52

401(k) roth 401(k) Taxes Deductible 52

Business Management Daily

SEPTEMBER 1, 2023

The saga of 401(k) catch-up contributions under SECURE 2.0 For employees who contribute to more than one 401(k) plan during a year—an old employer’s plan and a new employer’s plan, for example—contributions into each plan would be treated separately for purposes of determining whether the $145,000 threshold has been reached.

401(k) 97

401(k) Taxes Payroll Software Payroll 97

Money Talk

APRIL 14, 2022

401(k), 403(b), 457, TSP). Payroll tax withholding and/or quarterly estimated payments may need to be adjusted. Pay particular attention if your projected income is close to a “breakpoint” for the next highest tax bracket so you can take proactive steps to stay below that number.

Taxes 189

Taxes Family and Medical Leave Act 401(k) Deductible 189

Patriot Software

SEPTEMBER 22, 2022

Or, are you considering switching from a SIMPLE IRA to 401(k)? Whatever the case, you might have questions about the difference between a 401(k) vs. SIMPLE IRA plan. Are you planning to offer your employees a retirement plan for the first time? After all, you want to choose the best plan for your business.

401(k) 52

401(k) Retirement Plan Payroll 52

Money Talk

DECEMBER 21, 2022

Dollar-cost averaging works best if investment deposits are “automated,” such as authorizing 401(k) plan payroll deductions or automatically debiting a bank account monthly for mutual fund share purchases. For example, $100 in a mutual fund or 5% of pay every payday in an employer retirement savings plan.

401(k) 180

401(k) Banking Food Deductible 180

Business Management Daily

FEBRUARY 9, 2022

If you think you’re immune from an employee lawsuit alleging a breach of fiduciary duty over the investment choices you offer in your 401(k) plan, think again. The takeaway: Defined contribution plans such as 403(b) plans and 401(k) plans don’t run on autopilot. 401(k) plan litigation. Recap: Hughes v.

401(k) 52

401(k) Employment Retail Healthcare 52

HR Digest

MARCH 12, 2025

401(k) matching), stock options, or performance bonuses. Taxable Fringe Benefits: A company car used for personal errands, cash bonuses, or lavish retreats might trigger income tax obligations for employeesand payroll tax headaches for employers. Financial Incentives Beyond salaries, employers might offer retirement plans (e.g.,

401(k) 52

401(k) Health Insurance Taxes Retirement Plan 52

HR Lineup

MARCH 10, 2023

With the ability to integrate with payroll systems, Hoops HR can help businesses automate their timekeeping processes and reduce errors. Hoops HR also offers benefits administration features, allowing users to manage employee benefits such as health insurance, 401(k) plans, and more.

401(k) 130

401(k) Insurance Carriers Payroll System Human Resources 130

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. HSA contributions made through payroll are not subject to the 7.65% FICA tax. With an HSA, pre-tax payroll contributions are exempt from both income taxes and the 7.65% FICA tax.”

Retirement Plan 98

Retirement Plan 401(k) Health Savings Account Taxes 98

Business Management Daily

DECEMBER 1, 2019

This avoids the problem, but many payroll systems aren’t set up to deal with these fractions. Most payroll systems allow you to suppress benefits’ deductions for the extra pay period. THINK OUT OF THE PAYROLL BOX: From a budgeting perspective, payroll is your largest expense. biweekly pay periods. Three problems arise.

Payroll 83

Payroll 401(k) Deductible Deductions 83

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. In addition, employees’ contributions to their own accounts reduce employers’ payroll taxes. WEX is excited to use HSA Day to educate employers and employees about the value of HSAs.”

401(k) 52

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

Patriot Software

APRIL 3, 2023

Offering a retirement plan comes with a host of benefits, including generous 401(k) tax credits, while also serving as a potent tool for recruiting and retaining top talent. There are also unique benefits that come from integrating your 401(k) plan with your payroll provider.

Retirement Plan 73

Retirement Plan 401(k) Payroll Taxes 73