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Employees look for solutions to their unique problems from building retirement savings to handling unexpected medical expenses. Inclusive health benefits are still widely sought after Medical costs continue to be a major concern for employees going into 2025. The common theme emerging from this years insights is personalization.
There are four major types of employee benefits many employers offer: medical insurance, life insurance, disability insurance, and retirement plans. Medical Insurance. Medical insurance is likely a no-brainer— it’s one of four major types of benefits most employers offer. Health Savings Account (HSA). Healthcare.gov ).
Contributions to HSAs are made on a pre-tax basis, and the funds can be used to pay for qualified medical expenses. HSA contributions and earnings grow tax free, and withdrawals for qualified medical expenses are also tax free. Additionally, Roth retirement accounts offer unique tax advantages.
Healthcare Benefits: Comprehensive medical, dental, and vision insurance plans The healthcare benefits in the United States are undeniably one of employees' most critical and sought-after perks. Comprehensive medical, dental, and vision insurance plans offer peace of mind. percent and 36.1 percent, respectively.
Here are a few email templates — yours for the taking and adapting — designed to improve employee financial wellness by answering three common questions about money, savings, and taxes: Should I consider a Roth401(k)? Subject line: Roth vs. Traditional 401(k): Which Is Right for You?
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