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Annuity Myths and Facts

Money Talk

Below are some key things to know about annuities from a recent seminar that I attended: Complexity- Annuities are often sold as a “simple” investment but, in reality, they can be quite complicated. Three Types- Fixed annuities are like CDs, only tax-deferred, and guarantee a certain interest rate for a specified time period.

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Employee Cost: How to Calculate the Cost of an Employee?

HR Lineup

Benefits: These encompass various perks and protections offered to employees, including health insurance , retirement plans, paid time off, and other fringe benefits. Overhead Costs: Indirect expenses associated with maintaining the workplace, such as rent, utilities, maintenance, and property taxes.

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BT boosts employees’ pension knowledge with financial education programme

Employee Benefits

The programme, which is provided in partnership with Wealth at Work, aims to help employees who need help understanding their options and how to implement their plan; including retirement goals and considerations, accessing retirement savings, understanding the risks, tax planning, and how to seek further guidance and regulated financial advice.

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Strategies for Successful Investing

Money Talk

Mutual funds and stocks with a dividend reinvestment plan (DRIP) or direct stock purchase plan (DSPP) are well-suited for dollar-cost averaging. Examples include traditional individual retirement accounts (IRAs), tax-deferred employer retirement plans (e.g., This provides its taxable equivalent.

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Top tips for boosting employees’ pensions knowledge 

Employee Benefits

Adrian Firth, financial education consultant at Mattioli Woods, says: “They are more likely to appreciate the benefit of tax relief and the employer contributions on top of their own payment when they can see it laid out before them.”

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Most Americans live paycheck-to-paycheck. Here’s how employers can help

Best Money Moves

At every budget, there are ways institute financial wellness programming and resources, whether it be tax filing workshops or retirement planning seminars. . With the right tools and resources, companies can help employees strengthen their financial wellbeing and knowledge, simultaneously.

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Examples of fringe benefits by category

Business Management Daily

Fringe benefits generally cover needs such as: Health and wellness Retirement planning Time off and vacation Financial offerings Work-life balance Company-sponsored fixtures and events Professional development Let’s take a look at what’s included in each category. Let IRS Publication 15-B be your tax guide to fringe benefits.