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Top 10 Employee Benefits Certifications for Professionals in 2024

HR Lineup

Retirement Plans Associate (RPA) The Retirement Plans Associate (RPA) certification, offered through the CEBS program, focuses on retirement planning and pension management. It’s ideal for professionals who want to specialize in retirement benefits and pensions.

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Can Farmers Ever Afford to Retire?

Money Talk

Off-Farm Job Employer Benefits - These include a defined benefit pension, an employer retirement savings plan (e.g., health insurance). Simplified Employee Pension (SEP)- This is a retirement savings plan for self-employed workers and small business owners. barn, silo, riding arena), farm equipment (e.g.,

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3 Reasons to Boost Your Employee Benefits Offerings in 2020

Achievers

Health insurance. A matching 401(k) or pension. Here’s what they said: Of course, these are the responses to businesses that don’t offer “need-to-have” benefits like paid sick time, health insurance, or time off for vacations. Consider the benefits you offer currently. Retirement savings account. Childcare support.

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Financial Planning Tips for Self-Employed Older Adults

Money Talk

Set aside a portion of self-employment income to send to the IRS for quarterly estimated tax payments (and/or over-withhold on a pension or Social Security) to ensure compliance with tax regulations. Contributions to non-Roth accounts are often tax-deductible, thereby reducing adjusted gross and, ultimately taxable, income.

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Ten Benefits of Self-Employment in Later Life

Money Talk

Tax Write Off for Health Insurance - On line 17 of Schedule 2, self-employed workers can take an “above the line” deduction for health insurance, which lowers their AGI. Back-Up Income - When older adults start a business, they often have back-up income sources such as Social Security, a pension, or an annuity.

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Financial Aspects of “Unretirement”

Money Talk

pension, Social Security, annuities, required minimum distributions) may necessitate adjustments in tax withholding or quarterly estimated tax payments. Medicare - Older adults age 65+ who are on Medicare, begin working again, and receive primary creditable employer-provided health insurance coverage (i.e.,

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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.

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