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21 Financial Events and Trends During 2021

Money Talk

Fraud- Top fraud categories reported by the Federal Trade Commission in a 2021 report were imposter, online, and internet services scams. Average monthly payments in 2021 were $563, $397, and $450, respectively, for new, used, and leased vehicles. Pipeline hackers were paid in crypto and funds were recovered.

Finance 363
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IRA Basics for Retirement Savers

Money Talk

Significant changes in 1986 established income limits for participants in an employer-sponsored retirement plan that eliminated the tax deductibility of traditional IRA contributions for some people. Securities and Exchange Commission website. The Roth IRA became available January 1, 1998.

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When Are Cryptocurrencies Appropriate Investments for Retirement Plans and IRAs?

McDermott Will & Emery Employee Benefits

The US Department of Labor (DOL) recently issued guidance for the first time on the investment of retirement plan assets in cryptocurrencies. The post When Are Cryptocurrencies Appropriate Investments for Retirement Plans and IRAs? Compliance Assistance Release No. Compliance Assistance Release No.

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Fred Meyer Employees Strike Against Unfair Labor Practices

HR Digest

Image: Fred Meyer Kroger’s Merge With Albertson Left in Limbo Kroger is in the midst of a proposed merger with Albertsons, but the Federal Trade Commission has blocked the move, claiming it will hurt the workers’ pay and benefits. They have no problem misleading you and going back on their word.”

Food 93
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Annuity Myths and Facts

Money Talk

Examples include surrender charges, sales commissions (loads), management fees, and mortality charges. What Not to Do - Annuities are generally not appropriate for qualified retirement plans such as 401(k)s or IRAs. They are already a tax-deferred product and investors gain no benefit by placing them in a tax-deferred plan.

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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Employee value proposition in action: Compelling real-world examples

Business Management Daily

Compensation includes the employee’s hourly wage or salary, along with added forms of payment like commissions or bonuses. For example, government organizations generally have an employee value proposition focused on benefits, retirement plans, and stability.

Salary 105