WEX Inc.

NOVEMBER 21, 2024

Additionally, health savings accounts (HSAs) continue to gain attention as a powerful tool for retirement planning, offering tax advantages and the ability to save for future healthcare costs. Employers should prepare for potential changes in healthcare policy, retirement plans, and wage laws.

Employee Benefits 104

Employee Benefits 401(k) Employment Health Savings Account 104

HR Lineup

DECEMBER 22, 2021

This resource focuses on making retirement planning as easy as possible. Depending on the requirements of an organization or individual, it can build and run a professional retirement planning simulation in a short period. Merces Consulting Group.

Retirement Plan 246

Retirement Plan Employee Compensation Human Resources Consulting 246

HR Lineup

APRIL 11, 2023

Employee benefits are non-wage compensations that are provided by employers to their employees, which may include health insurance, retirement plans, and vacation time. These services can include the provision of benefits such as health insurance, retirement plans , and other non-wage compensations.

Retirement Plan 246

Retirement Plan Health and Welfare Health Insurance Benefit Providers 246

WEX Inc.

JUNE 13, 2023

And baby boomers are actually the highest percentage of retirement-account holders among any group segmented in a 2021 survey by the U.S. This lack of retirement planning by large segments of employees is leading to more stress for them and less productivity at work. First, offer retirement plans. Census Bureau.

Retirement Plan 98

Retirement Plan 401(k) IT Healthcare 98

HR Lineup

JULY 6, 2023

Benefits Administration Outsourcing: Benefits administration encompasses the management of employee benefits programs such as healthcare, retirement plans, insurance, and leave policies. HR Consulting: HR consulting involves engaging external experts to provide strategic guidance and support in various HR areas.

Human Resources 246

Human Resources Outsourcing Payroll Retirement Plan Payroll 246

WEX Inc.

JULY 24, 2023

Fortunately, there’s an often overlooked way to help employees build wealth and prepare for retirement. Why HSAs for retirement planning? These accounts provide another way for your employees to diversify their efforts to prepare for retirement. Click below to get your free HSA retirement white paper.

Retirement Plan 98

Retirement Plan 401(k) Health Savings Account Taxes 98

HR Digest

JANUARY 7, 2025

In 2025, these programs go beyond traditional retirement plans. Green retirement plans that invest in environmentally responsible funds. In 2025, expect to see: Precision health plans that use genetic testing and AI to offer personalized healthcare solutions.

Employee Benefits 98

Employee Benefits Retirement Plan Benefits Package PTO 98

WEX Inc.

JULY 9, 2024

Watch this short video as our own Jason Cook breaks down the retirement-planning potential of an HSA. For legal or tax advice, you should consult your own counsel. Logging into our benefits mobile app – Log in and click on “View HSA Investments.” The information in this blog post is for educational purposes only.

Health Savings Account 98

Health Savings Account Healthcare Medical Taxes 98

HR Lineup

MAY 28, 2024

These programs go beyond the traditional healthcare and retirement plans, incorporating elements that cater to employees’ holistic well-being. They can range from traditional benefits like health insurance and retirement plans to more modern and creative offerings that cater to employees’ diverse needs and interests.

Health and Welfare 244

Health and Welfare Retirement Plan Health Insurance Parental Leave 244

Business Management Daily

AUGUST 12, 2024

For example, government organizations generally have an employee value proposition focused on benefits, retirement plans, and stability. PwC PwC is a major accounting and consulting firm that clearly presents its EVP on its career page. Every business will also have components of their EVP that aren’t as strong.

Salary 105

Salary Retirement Plan Employee Stock Option Parental Leave 105

Employee Benefits

JUNE 3, 2024

Following a review of its pension scheme and a consultation in 2020, kitchen furniture manufacturer Howdens chose to close its defined benefit (DB) scheme in 2021. The post Howdens provides staff with valuable retirement-planning tools appeared first on Employee Benefits.

Retirement Plan 63

Retirement Plan Pension Manufacturing Consulting 63

Money Talk

DECEMBER 7, 2023

tax-deferred retirement plan contributions and charitable gifting) are already accounted for. For additional year-end tax-saving strategies, consult with a tax advisor or financial planner and/or review this publication from Intuit. Year-to-Year Comparison - Once a draft 2023 tax return is prepared, compare it to 2022.

Taxes 158

Taxes Retirement Plan Deductible Deductions 158

HR Lineup

OCTOBER 25, 2023

As we step into 2023, retirement planning has become more critical than ever. With the uncertainty surrounding the future of Social Security and the increasing life expectancy, having a solid retirement plan is essential. Their 401(k) plans are no exception, with a focus on simplicity and long-term wealth accumulation.

401(k) 130

401(k) Retirement Plan Taxes Education 130

Money Talk

JUNE 13, 2024

In a recent article for the Rutgers Cooperative Extension newsletter, VISIONS , I described key features of your tax return to review for future financial planning including income sources, tax write-offs, changes in tax filing status, tax rates and marginal tax brackets, tax withholding, retirement plan contributions, and capital gains and losses.

Taxes 125

Taxes 401(k) Retirement Plan Health Savings Account 125

Money Talk

APRIL 21, 2022

a cash flow (income minus expenses) statement for a recent month or your spending plan/budget , 2. retirement plan statements and insurance policies). Other common designations for financial advisors are ChFC® (Chartered Financial Consultant®) and CPA®/PFS™ (Certified Public Accountant®/Personal Financial Specialist™).

Commissions 188

Commissions Finance Retirement Plan Consulting 188

HR Digest

MARCH 12, 2025

Financial Incentives Beyond salaries, employers might offer retirement plans (e.g., Nontaxable Fringe Benefits: Health insurance premiums, contributions to retirement plans (up to limits), and de minimis benefits (think occasional coffee or holiday gifts) typically escape taxation.

401(k) 52

401(k) Health Insurance Taxes Retirement Plan 52

HR Lineup

MAY 10, 2023

The platform offers a wide range of benefits administration solutions, including health and wellness programs, retirement planning, and employee insurance plans. The company also provides access to telemedicine services, which allows employees to consult with doctors and other medical professionals remotely.

401(k) 130

401(k) Insurance Carriers Retirement Plan Disability Insurance 130

WEX Inc.

DECEMBER 18, 2024

Retirement plan compliance (SECURE 2.0 Act introduces new retirement plan requirements, including automatic enrollment for some plans and changes to required minimum distributions. Action item: Consult with your plan administrator to ensure compliance with 2025 deadlines. Act updates) The SECURE 2.0

Family and Medical Leave Act 52

Family and Medical Leave Act Flexible Spending Account Flexible Spending Insurance Carriers 52

WEX Inc.

DECEMBER 12, 2024

Targeted recommendations: By analyzing factors such as age, role, family status, and location, AI can suggest benefits options like health savings accounts (HSAs) , retirement plans, or wellness programs that are most relevant to each employee. Check it out here. The information in this blog post is for educational purposes only.

Health Savings Account 52

Health Savings Account Benefits Package Retirement Plan Taxes 52

eni

JULY 31, 2024

Customizing benefits packages to cater to the diverse needs of employees, such as health insurance, retirement plans, paid time off, and flexible work arrangements. Customizing benefits packages to cater to the diverse needs of employees, such as health insurance, retirement plans, paid time off, and flexible work arrangements.

Benefits Package 52

Benefits Package Retirement Plan Media Health Insurance 52

McDermott Will & Emery Employee Benefits

MAY 19, 2022

Fiduciaries of 403(b), 401(a) and 457(b) retirement plans have come under increased scrutiny in recent years, in part due to participant lawsuits filed against plan sponsors and the resulting media attention.

Retirement Plan 98

Retirement Plan Consulting Media Employee Benefits 98

Business Management Daily

AUGUST 13, 2024

According to an interview by the BBC , Lewis was an entry-level consultant for a top firm in Berlin, Germany. Golden handcuffs: Two real stories Let’s consider a real-world example where golden handcuffs wrecked an employee’s work-life balance. Still, he needed to prepare for the sky-high expectations of his new job.

Employment 97

Employment Salary Bonuses Employee Stock Option 97

eni

JULY 31, 2024

In addition to these solutions, considering offer your employees NexGen EAP for financial consultations. These consultations often discuss issues such as credit, bankruptcy, mortgage counseling, debt consolidation, retirement planning and education on investments.

Parental Leave 52

Parental Leave Retirement Plan Consulting Employee Loyalty 52

HR Lineup

JUNE 12, 2023

Through their user-friendly online portal, employees can conveniently view and select from a wide range of benefits options, including healthcare, dental, vision, retirement plans, and more. TBX Benefits also offers comprehensive support services to employers, helping them navigate the complex landscape of employee benefits.

Benefits Package 130

Benefits Package Retirement Plan Consulting Health 130

Best Money Moves

JANUARY 31, 2023

Invest in 1:1 financial consulting. In addition to a retirement account, employees are looking for financial advice on how to best prepare for retirement. About 60% of employees said they feel stressed while managing their retirement savings, according to a Goldman Sachs report.

401(k) 119

401(k) Retirement Plan Banking Finance 119

Money Talk

JULY 13, 2022

. ¨ RMD Planning - As I wrote in my book, Flipping a Switch , there are three things that older adults can do with RMD withdrawals: spend the money, re-save or invest the money (minus income tax payments) in a taxable investment account or Roth IRA (if qualified), and make gifts to people and/or charities.

Taxes 189

Taxes Retirement Plan Finance Consulting 189

WEX Inc.

JANUARY 14, 2025

Schedule workshops or webinars to break down complex topics like: Health savings accounts (HSAs) Flexible spending accounts (FSAs) Retirement planning options Emphasize the total rewards picture Highlight how your benefits program fits into your companys total rewards strategy. It is not legal or tax advice.

Flexible Spending Account 52

Flexible Spending Account Health Savings Account Flexible Spending Retirement Plan 52

WEX Inc.

NOVEMBER 27, 2024

Retirement planning Healthcare costs are the biggest reason that household expenses increase during the first six years of retirement. The average 65-year-old couple is expected to need around $395,000 just for medical care in retirement. For legal or tax advice, you should consult your own counsel.

Deductible 52

Deductible Deductions Health Savings Account Flexible Spending Account 52

HR Lineup

JUNE 15, 2023

It allows employees to explore and select their desired benefits packages from a wide range of options, including health insurance, retirement plans, flexible spending accounts, and more. These include benefits consulting, compliance assistance, and customer support.

Flexible Spending Account 130

Flexible Spending Account Benefits Package Flexible Spending Retirement Plan 130

HR Digest

AUGUST 28, 2023

With the ability to make both employee and employer contributions, the Solo 401k allows you to save and invest more compared to traditional retirement plans. So, let’s get started and see if a solo 401k is the golden ticket to a secure retirement. The early withdrawal penalty for both types of plans is 10%.

401(k) 98

401(k) Retirement Plan Taxes Consulting 98

Employee Benefits

SEPTEMBER 20, 2024

More than half (55%) of employees said a retirement plan is more important than ever as 49% of workers aged 50 and older have already started phasing into retirement, according to research by global advisory and broking firm Willis Towers Watson (WTW).

Pension 111

Pension Retirement Plan Consulting Employment 111

WEX Inc.

JUNE 13, 2024

How is your HSA vs. your 401(k) vs. your IRA shaping up for retirement planning? Retirement planning is a lot easier when you imagine what you want it to be like. Will you retire in Florida, or at a cabin in the woods? Would you like to learn more about HSAs and retirement planning?

401(k) 96

401(k) Retirement Plan Health Savings Account Deductible 96

Employee Benefits

NOVEMBER 15, 2023

Target younger employees Gen Z and Millennials are arguably the most difficult to engage with pensions and retirement planning, so a tailored, personal, communication approach is required. The apps must have an efficient way of modelling retirement outcomes while being integrated into overall financial planning,” he says.

Pension 111

Pension Retirement Plan Education Finance 111

WEX Inc.

JANUARY 8, 2025

Because an HSA is a savings account, youll want to designate a beneficiary (or beneficiaries), just as you would with a 401(k) or other retirement-planning accounts. For legal or tax advice, you should consult your own counsel. The post Start your new benefits plan year off right with these 8 tips appeared first on WEX Inc.

Flexible Spending Account 52

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

WEX Inc.

MAY 29, 2024

Supporting employees through retirement planning and phased retirement options helps them feel valued even as they leave the organization. During employment, benefits like health insurance, retirement plans, and wellness programs contribute to sustained engagement and overall well-being.

Retirement Plan 98

Retirement Plan Taxes Health Insurance Recruitment 98

Achievers

FEBRUARY 2, 2021

Some states have mandated disability insurance and retirement plan requirements. . The global consulting firm Mercer surveyed large employers in 2018 to investigate voluntary turnover. Health insurance, and family and medical leave, are not required for all businesses. What are benefits that are voluntary?

Employee Benefits 238

Employee Benefits Family and Medical Leave Act Employee Recognition Voluntary Benefits 238

Empuls

AUGUST 27, 2024

Retirement plans Basically, it is the retirement plans—401(k) or pension plans—through which an employee receives financial security during service years other than while serving. This category varies from different plans with several options that include PPOs, HMOs, and high-deductible health plans.

Family and Medical Leave Act 40

Family and Medical Leave Act Employee Benefits 401(k) Benefits Package 40