HR Digest

FEBRUARY 20, 2020

Retirement plans for a person are valuable benefits that impact both the present as well as future lives of the employees. However, offering retirement benefits to an employee can be a complicated process. As such, it is essential to understand the pros and cons of the process of providing retirement benefits.

Pension 87

Pension Retirement Plan Taxes Pension Benefit 87

Best Money Moves

JUNE 10, 2024

Employers can use financial wellness programs to provide education on debt management and planning. Financial illiteracy often leads to common pitfalls such as a lack of retirement savings and an inability to accumulate wealth over time. LGBTQ+ employees struggle with reduced access to elder care and retirement benefits.

Retirement Plan 52

Retirement Plan Healthcare Pension Benefit Education 52

Best Money Moves

JUNE 10, 2024

Employers can use financial wellness programs to provide education on debt management and planning. Financial illiteracy often leads to common pitfalls such as a lack of retirement savings and an inability to accumulate wealth over time. LGBTQ+ employees struggle with reduced access to elder care and retirement benefits.

Retirement Plan 40

Retirement Plan Healthcare Pension Benefit Education 40

Employee Benefits

JANUARY 26, 2022

The Work and Pensions Committee is calling for trials of automatic appointments with the Pension Wise service as part of its new ‘Stronger Nudge’ interventions. For example, we find that about 80% of attendees request a call-back for further guidance or advice following a retirement financial education session.”.

Pension 52

Pension Pension Benefit Retirement Plan Taxes 52

Empuls

JUNE 21, 2024

Bureau of Labour Statistics 1 has shown that 73% of working professionals accessed retirement rewards and benefits. Moreover, 56% of the workers participated in the plans.   Improve the employees' retirement preparedness by making them financially literate.  

401(k) 40

401(k) Retirement Plan Pension roth 401(k) 40

Proskauer's Employee Benefits & Executive Compensa

AUGUST 14, 2023

ERISA Section 4010 requires a contributing sponsor of certain single-employer pension plans, as well as the sponsor’s controlled group members, to provide controlled group, financial, and actuarial information to the PBGC each year.

Employment 52

Employment Pension Pension Benefit Retirement Plan 52

HR Professionals Magazine

JANUARY 31, 2022

Employer-sponsored retirement plans are divided into two major categories: defined-benefit plans and defined- contribution plans. As the names imply, a defined-benefit plan—also commonly known as a pension plan—promises a specified benefit amount at retirement.

401(k) 40

401(k) Pension Profit Sharing Plan Pension Benefit 40