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Planning Ahead for Widowhood: Changed Income and Expenses

Money Talk

A married couple has four monthly income streams: $2,500- husband’s pension, $2,000- husband’s Social Security, $800- wife’s pension, and $1,500- wife’s Social Security for a total of $6,800 ($81,600 annually). This is a 40% “haircut,” which some couples cover with spousal gifts, annuities, and/or life insurance.

Pension 162
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Beyond the jargon: what insurance benefits really mean to your team

Workplace Insight

Group Life Insurance / Death In Service Also known as “Death In Service”, this insurance pays a lump sum to an employee’s family or loved ones should they pass away during their employment with you. Each product has its own unique purpose, and some may be more relevant to your people than others. Why Offer It?

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Top 7 Employee Benefits and Incentives

Employee Benefits

Private Healthcare Given the increasing strain on the NHS, offering private health insurance to employees is bound to win favour. With a private healthcare plan, employees have access to top-tier healthcare services for a wide variety of conditions, including mental health and physical illnesses.

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Employee Benefits Providers: What Employers Need to Know

Empuls

  These providers handle the complex tasks of negotiating with insurance companies, managing enrollment processes, and ensuring compliance with regulations. They help identify the most suitable benefits, such as health insurance, retirement plans, and wellness programs.

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Importance of Employee Benefit Package And Why it Matters

HR Digest

From mandated health insurance plans to free snacks, benefits and perks can play a big role in talent attraction and employee retention. Health insurance Those benefits provide a baseline of employee expectations. Health insurance 2. Pension or retirement savings plan 3. Dental or vision insurance 4.

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Flexible working and work-life balance most important features of new job roles

Workplace Insight

The five other factors that people rated as their most important considerations for a job were: over 28 paid days of annual leave (54 percent), health insurance or private medical cover (46 percent), additional days off for wellbeing (39 percent), pension provision above the legal minimum (38 percent) and life insurance (36 percent).

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Two-thirds of Small Firms Are Boosting Their Benefits Packages: Poll

InterWest Insurance Services

Now more than ever, employers need to step up their employee benefits game beyond providing group health insurance. Good pay and a robust health insurance package still win the day, but employers are having to do more to sweeten the pot, according to a new survey by MetLife. Dental insurance. Life insurance.