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When you take the commission, you owe clients the consultation

Employee Benefit News

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The Employee Healthcare Crisis: This is How To Help

Best Money Moves

American families are in the midst of a healthcare crisis and employer-sponsored health insurance can’t keep up. Even with support from employee health insurance programs, millions of American families cannot afford the full care they need. Having health insurance does not guarantee access to healthcare or the ability to afford it.

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5 ways insurance brokers benefit from working with a PEO

Insperity

Insurance brokers and professional employer organizations (PEOs) are supposed to be competitors, right? Working independently or as part of a larger brokerage group, brokers earn a commission on the insurance plans they sell to clients. PEOs, however, don’t sell insurance. Let’s explore how.

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21 Financial Events and Trends During 2021

Money Talk

Insurance- COBRA premium assistance for health insurance was provided under the American Rescue Plan Act and Medicaid enrollment surpassed 80 million. There were also large premium increases nationwide for homeowners and flood insurance. Some states/cities have moratoriums through dates in 2022. Savings Rate- The U.S.

Finance 363
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Annuity Myths and Facts

Money Talk

An annuity is a contract between an investor and a life insurance company. Annuities are sold by insurance agents, stock brokers, and other financial advisors. Examples include surrender charges, sales commissions (loads), management fees, and mortality charges. Best, Duff and Phelps, and Standard and Poor’s).

401(k) 244
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How to Create a Pay Stub for Employees?

HR Lineup

Earnings: Gross wages Overtime pay Bonuses or commissions Reimbursements 3. Deductions: Federal and state taxes Social Security and Medicare contributions Health insurance premiums Retirement contributions 4. Additional Earnings: Include any bonuses, commissions, or other extra earnings. Deductions and Taxes 1.

Net Pay 246
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What is Futa and Suta Tax?

HR Lineup

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. To have a better understanding, check the tax commission for your state since they vary. . What is FUTA Tax.

Taxes 243