PayrollOrg

MAY 24, 2024

The Connecticut Department of Labor has issued earned wage access (EWA) guidance for employers that includes information about wage deductions for fees.

Employment 104

Employment Deductions Deductible 104

Money Talk

JUNE 8, 2022

Many older adults also have multiple income sources including Social Security, a pension, full-or part-time work or self-employment, withdrawals from retirement savings (including taxable required minimum distributions or RMDs), and interest, dividends, and capital gains on investments. In other instances (e.g.,

Taxes 278

Taxes Pension Deductions Deductible 278

Employee Benefits

JULY 22, 2024

Four-fifths (81%) of employers said they measure employees’ appreciation of the benefits that they receive, according to new research conducted by Group Risk Development (Grid). Ensuring employees appreciate the employee benefits they are offered goes hand in hand with sentiment towards their employer as a whole.

Employee Benefits 105

Employee Benefits Employment Benefit Providers Management 105

Employee Benefits

FEBRUARY 20, 2024

Under the reforms, employees would have a legal right to require a new employer to pay pension contributions into their existing pot, avoiding the accumulation of multiple pension pots throughout their working life. The post Half of employers think pots-for-life will increase pensions engagement appeared first on Employee Benefits.

Pension 115

Pension Employment Consulting Education 115

Employee Benefits

MAY 29, 2024

It also found that three-quarters (74%) have not told their employer about the issues they have been facing due to money worries. Employers should communicate with employees to better understand the challenges they are facing, as financial wellbeing needs do not necessarily differ by location.

Employment 116

Employment Education Employee Enrollments Technology 116

Business Management Daily

JULY 19, 2024

However, as with any other disability, the Equal Employment Opportunity Commission (EEOC) decides ADA protection on a case-by-case basis. There’s a lot to learn about managing employees with ASD, so read on to learn everything employers need to know. It’s also illegal to fire an employee due to having ASD.

Employment 104

Employment Telecommunication Medical Commissions 104

Money Talk

JUNE 5, 2024

Three tips were provided: understand your retirement savings plan, automate your contributions, and learn about the tax benefits of IRAs and employer plan contributions. This post provides general personal finance or consumer decision-making information and does not address all the variables that apply to an individual’s unique situation.

401(k) 314

401(k) Finance Taxes Utilities 314

InterWest Insurance Services

JULY 11, 2024

The Department of Labor’s new fiduciary rule, which mainly applies to 401(k) plans, will also affect employers who offer their staff health savings accounts. The new rule, which takes effect September 2024, bars employers from providing advice to their workers on how they should invest the funds in the HSA they offer.

401(k) 96

401(k) Health Savings Account Employment Commissions 96

HR Digest

APRIL 28, 2024

The Age Discrimination in Employment Act (ADEA), established in 1967, serves as a crucial safeguard against workplace inequality, explicitly prohibiting age discrimination against individuals who are 40 years of age or older.

Employment 110

Employment Commissions Education Government 110

Employee Benefits

AUGUST 19, 2024

Credit: Mistervlad/Shutterstock Need to know: The Labour government’s Employment Rights Bill will enhance employee rights but there are concerns that proposals could have unintended consequences, adding cost, disadvantaging some businesses and their employees, and affecting recruitment strategies. to £11.44.

Government 104

Government Pension Employment Consulting 104

Employee Benefits

NOVEMBER 21, 2023

Approximately two-fifths (42%) of employers plan to reduce flexibility or offer less of this to their employees in 2024, according to research by Barnett Waddingham. Julia Turney, partner, platform and benefits at Barnett Waddingham, said: “The findings shed light on the complex situation employers are facing with flexible working.

Employment 116

Employment Consulting Employee Benefits IT 116

Money Talk

APRIL 20, 2023

One of my Money Talk clients is my long-time employer, Rutgers Cooperative Extension. Off-Farm Job Employer Benefits - These include a defined benefit pension, an employer retirement savings plan (e.g., 401(k), 403(b), 457 plan, and thrift savings plan), and other employer benefits (e.g., health insurance).

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401(k) Pension Retirement Plan Taxes 246

HR Lineup

DECEMBER 13, 2024

The virtual employment model has revolutionized the way organizations approach workforce management, offering flexibility, scalability, and cost-efficiency. With the rise of digital transformation, remote work, and advanced communication tools, virtual employment has become a cornerstone for modern businesses.

Employment 79

Employment Technology Software Work From Home 79

Business Management Daily

JUNE 28, 2024

As many of these young workers may be taking on their first job, employers must remember some important payroll considerations. First-Job Jitters It’s natural for employers and young employees to experience some jitters regarding payroll. A clear understanding of the basics can help alleviate those concerns.

Employment 97

Employment Net Pay Payroll Taxes 97

Workplace Insight

JULY 6, 2024

One of the Labour Party’s key pledges during the election was to initiate a large-scale reform of UK employment law within the first 100 days of taking office. Some of the proposed changes to employment law could happen quite quickly, for example, changing the remit of the Low Pay Commission in relation to the national minimum wage.

Government 104

Government Parental Leave Employment IT 104

Workplace Insight

APRIL 2, 2024

There are a number of employment law changes coming into effect on 6 April 2024 that will impact SMEs the most. These modifications to employment law will profoundly influence the daily functions of businesses, especially during a period when SMEs face substantial economic challenges. percent of the hours worked during that pay period.

Parental Leave 114

Parental Leave Employment Deductions Deductible 114

InterWest Insurance Services

OCTOBER 8, 2024

With 2025 just a few months away, it’s important that small employers understand their group health insurance reporting obligations under the Affordable Care Act as they changed at the start of 2024. 28 — This is the deadline to file Forms 1094-C and 1095-C by paper with the IRS for the few employers who are still eligible to do this.

Electronics 90

Electronics Employment Health Insurance Insurance 90

Money Talk

AUGUST 10, 2022

Tax Withholding Adjustments - Adding income from employment to what could be multiple streams of income in later life (e.g., Higher Income Tax Payments- Again, adding employment income to several other income sources in later life can place taxpayers in a higher tax bracket. food, gas, utilities, housing, etc.)

Disability Insurance 246

Disability Insurance Taxes Health Insurance Pension 246

Money Talk

JUNE 22, 2023

Beneficiary Use- Beneficiary designations are required for life insurance policies, individual retirement accounts (IRAs), employer retirement savings plans (e.g., Sharing Information - Let trusted people know you’ve compiled your beneficiary designations in one place and share a copy with them.

401(k) 236

401(k) Life Insurance Retirement Plan Finance 236

Money Talk

OCTOBER 27, 2022

Below is a discussion of IRAs and details about how they can lower your taxes and provide a retirement savings nest egg: Description - An IRA enables workers with earned income (salary from a job or net earnings from self-employment) to save and invest for retirement. For additional information about IRAs, review this U.S.

Deductions 246

Deductions Deductible Commissions Taxes 246

Business Management Daily

JUNE 25, 2024

There are plenty of legal considerations and workplace trends to keep up with that will inform how you should build or update your sick leave policy. They may have requirements on the minimum number of days or hours of paid sick leave employers in the state need to offer. What is sick leave?

Family and Medical Leave Act 93

Family and Medical Leave Act Paid Sick Leave PTO Employment 93

Money Talk

NOVEMBER 30, 2022

Also take the time to conduct the research (online and/or via personal contacts) necessary to inform the list of three options. For example, a salary or steady self-employment earnings, rental properties, investment returns, and/or a “side hustle” (freelancing). Build Financial Resilience - Multiple sources of income can help.

Finance 273

Finance Retirement Plan Government Salary 273

Money Talk

APRIL 6, 2023

participating in an employer savings plan and/or IRA) increases the odds of having a successful retirement (i.e., Since it is unlikely that Congress will ever mandate employer plans, some states are now starting to do require employers to offer a workplace savings plan. not running out of money to live a comfortable lifestyle).

401(k) 245

401(k) Retirement Plan Finance Government 245

Money Talk

SEPTEMBER 17, 2022

A/B trust) without explaining them, disparaged the probate process repeatedly, and occasionally presented dated information (e.g., In addition, he distributed a so-called “Consumer Survey” at the end, ostensibly to solicit feedback on the seminar but primarily to harvest participants’ personal information (e.g., If not today, when?

Life Insurance 245

Life Insurance Banking Taxes Finance 245

HR Bartender

APRIL 20, 2021

Bureau of Labor Statistics March 2021 jobs report said that employers added almost 1 million jobs and the unemployment rate is down to 6%. Organizations are required to post applicant-facing notices regarding equal employment opportunity, family/medical leave, the polygraph protection act, immigration, etc. Enjoy the article!).

Recruitment 207

Recruitment Family and Medical Leave Act Human Resources Medical 207

Money Talk

MARCH 4, 2022

Required Minimum Distributions (RMDs) - Taxpayers with traditional IRAs, SEPs (self-employed), and employer retirement savings plans (401(k), 403(b), 457, and TSP) must begin annual RMDs upon reaching age 72. This post describes thirteen tax-related topics (in no particular order) that people should be familiar with in later life.

Taxes 245

Taxes 401(k) Deductions Deductible 245

Money Talk

MARCH 24, 2022

This post describes ten things that older women need to consider about personal finance during the second half of their financial life: ¨ Unique Financial Characteristics - Women are more likely than men to have gaps in their employment history and to be more negatively impacted by divorce than men. This is a mistake.

401(k) 278

401(k) Finance Entertainment Taxes 278

Money Talk

MAY 9, 2024

I love to play pickleball), or some other aspect of your life without incorporating your job title or employer. It is ironic that many people who have sufficient money to live without an employer paycheck (i.e., If a charity does not provide this information, donors may stop gifting. travel), a hobby (e.g.,

Retirement Plan 183

Retirement Plan Pension Finance Employment 183

Money Talk

OCTOBER 19, 2023

Below are nine of my key take-aways from information that was provided about living well in later life and not running out of money during your lifetime: Medical Advances - Many of the leading causes of death today may no longer be as prevalent in another one or two decades due to medical research advances.

401(k) 215

401(k) Finance Medical Deductions 215

Best Money Moves

SEPTEMBER 25, 2024

These are the best strategies employers can use to help. American families are in the midst of a healthcare crisis and employer-sponsored health insurance can’t keep up. When communicating healthcare information and deadlines to employees, consider complementing traditional communication methods with more modern alternatives.

Healthcare 105

Healthcare Health Insurance Medical Insurance 105

PayrollOrg

JANUARY 17, 2022

APAs Guide to State Payroll Laws contains information on payroll-related laws and regulations in the states, the District of Columbia, and Puerto Rico. This information includes wage and hour issues, payment of wages, income tax withholding requirements, and more. Content is updated on a regular basis. APAs Guide to State Payroll Laws.

Electronics 197

Electronics Payroll Taxes Online Payroll 197

HR Bartender

SEPTEMBER 22, 2024

I had the opportunity to hear our friend Carrie Cherveny speak at SHRM’s 2024 Annual Conference on “Getting Smart About AI”, which was very informative. In her role, Carrie works with clients to develop strategies that ensure compliance and risk mitigation when it comes to benefits and employment practices. Permitted uses of AI.

Family and Medical Leave Act 135

Family and Medical Leave Act Human Resources Medical Health Insurance 135