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2022 Personal Finance Year in Review

Money Talk

Taxes - The average income tax refund in 2022 was $3,039, but some families with advanced child tax credits faced tax payments. Some states held sales tax holidays in response to high inflation. Homeowners insurance premiums increased by 12.1% The IRS also issued new guidance for some inherited IRAs.

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Identifying the “Perks” on National Employee Benefits Day

Benefit Resource Inc.

For example, lifestyle accounts or specialty accounts might include visas to cover travel costs, gym memberships to promote health and wellness, tuition reimbursement for continued learning, or even subscriptions to streaming services for entertainment.

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What You Need To Know About Employee Reimbursement

Genesis HR Solutions

A well-designed policy not only reduces confusion around expenses but it also helps maximize the tax benefits related to expense reimbursement for both employee and employer. ’ for more information on taxes and employee reimbursements.) See the section on ‘Are reimbursements taxable?’ Are reimbursements taxable?

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Employee Benefits in the UK: Unlocking the Perks of a Happy, Productive Workforce

Empuls

In this blog, we have described everything from the best employee benefits in the UK to the way an employee benefits package can be designed for employees, the legal regulations, tax compliance and other nuances with regard to the subject. Tax relief is also added to the pension as a contribution from the government.

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Employee Benefit: A Strategic Investment for Attracting and Retaining Top Talent

Empuls

  Meta offers a variety of financial benefits and services to its employees, including a competitive retirement plan, life insurance and survivor support, equity awards, financial coaching and tax education, and legal support through Metlife for you and/or your parents if you need it. 

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Planning Ahead for Widowhood: Changed Income and Expenses

Money Talk

This is a 40% “haircut,” which some couples cover with spousal gifts, annuities, and/or life insurance. In addition, less food is needed and the cost of the deceased’s health insurance ends. Entertainment and travel expenses may also decrease when a surviving spouse loses their “traveling companion.”

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People over perks: Bridging employee benefits with strong HR

Insperity

Standard” benefits may include: Health, dental and vision insurance Retirement savings plan, with a company match Life insurance Disability insurance Workers’ compensation insurance Paid time off (PTO) – two weeks per year at a minimum, three weeks per year preferred.