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Financial Implications of Working in Later Life

Money Talk

Tax Bracket Triggers - When earnings are added to a pension, Social Security, RMDs, and other taxable income, planning is needed to avoid a higher tax rate or Medicare premium. Employer Benefits - Workers age 65+ at large companies can still be covered by group health insurance, thereby postponing Medicare premiums.

Taxes 130
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HIVE360’s employee benefits and rewards app, Engage

Employee Benefits

HIVE360 provides expert, compliant and reliable PAYE payroll support and comprehensive employment administration that reduces overheads and improves operational efficiencies for businesses, recruiters and recruitment agencies, their workforce and candidates.

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The Tax Implications of Closing A Business

Kollath CPA

Take stock of any pensions, benefit plans, health savings accounts and other tax-favored health plans. Attach a statement to the return showing the name of the person keeping the payroll records and the address where those records will be kept. The return you need to file depends on the type of business you were running.

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How effective is strike action in pay and benefits disputes?

Employee Benefits

Employees often take strike action over issues such as pay , health and safety, pensions, benefits, changes to terms and conditions, and union recognition. The UK has strict laws regarding strike action and it cannot take place if certain requirements have not been met.

Pension 69
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The Pros and Cons of Standalone Overseas Employees in the Remote Work Era

Hppy

Beyond setting all of this up, it can present confusing pension arrangements. For example, they may be required to contribute to a pension system in both their home and host country. Accessing pension benefits suddenly becomes complex, whilst in other scenarios it may actually pose an extra financial burden.

Pension 36