Extensis

NOVEMBER 29, 2023

Quick look: A new year is right around the corner, and with it comes a new set of contribution limits for retirement accounts, health savings accounts, flexible savings accounts, and commuter benefits plans. Employers and their staff should review these new figures set by the IRS and adapt their 2024 benefits plans accordingly.

Retirement 78

Retirement Report Compliance Training Wellness 78

Extensis

JULY 18, 2022

The bill’s retirement investment proposals will open the door for greater savings opportunities as people plan for life in their golden years. As of June 2022, the Senate Finance Committee approved a measure referred to as the Enhancing American Retirement Now (EARN) Act. Quick Look: Ready for SECURE Act 2.0? SECURE 2.0

Retirement 95

Retirement Recruitment Compliance Compensation 95

Guideline

MARCH 7, 2023

is an update to a law passed in 2019 designed to help improve America’s retirement system. The Act contains 90 provisions that aim to make it easier for businesses to offer retirement plans and lessen the burden of managing them. employer contributions could only be made on a pre-tax basis. SECURE 2.0 But SECURE 2.0

Retirement 52

Retirement Planning Tools Compensation Groups 52

Extensis

OCTOBER 5, 2022

Quick look: The importance of retirement savings is a crucial factor among today’s multi-generational workforce. For most employees, retirement savings remains top of mind, especially post-pandemic as reserve financial resources were depleted and work environments dramatically shifted. 50% feel it inspires loyalty among employees.

Retirement 92

Retirement Report Planning Tools Recruiting Software 92

Extensis

MARCH 6, 2023

Quick look: Tax season is here once again. And like in previous years, there are various tax credits and implications that SMBs and their brokers should familiarize themselves with. From retirement plan startup cost tax credits to extended deadlines for those impacted by natural disasters, here’s what to know in tax season 2023.

Hiring Software 52

Hiring Software Planning Tools Payroll Retirement 52

FingerCheck

MARCH 9, 2023

Do you need some help with your employees’ retirement savings plans? What if you could set up your retirement plan in three simple steps? Our 401(k) partner, Human Interest , has helpful information about “Leveraging Retirement to Benefit SMB Owners and Employees.” Stay tuned for the blog release!

Retirement 52

Retirement Planning Tools Analysis Compliance Training 52

Payactiv

NOVEMBER 30, 2023

As Baby Boomers enter retirement, many are struggling with rising debt. This worrying trend can lead to financial instability and a lower quality of life in retirement. The average retired couple can expect to spend around $315,000 on healthcare expenses in retirement.

PayActiv 52

PayActiv Wellness Retirement Planning Tools 52

Payactiv

SEPTEMBER 26, 2023

For example, someone could tap into their retirement accounts, triggering taxes and penalties, rather than find better solutions to improve their finances. With over an additional one-third of retirement investors taking hardship withdrawals, many are clearly facing financial difficulties. It’s money they’ve already earned.

PayActiv 52

PayActiv Planning Tools Retirement Report 52

Extensis

APRIL 27, 2022

As a result, it’s no surprise the tried-and-true 401k plan continues to reign as one of the most competitive benefits, leading many SMB leaders to consider them for the first time. A 401k plan speaks to this intrinsic value and helps assure employees they’ll receive a positive return. How employers benefit from offering 401k plans.

Planning Tools 52

Planning Tools Hiring Software Retirement Recruiting Software 52

Guideline

NOVEMBER 9, 2021

Many states have policies — in place or in the works — to ensure retirement savings plans are offered to nearly every worker either through state-run programs or retirement plan providers like Guideline. Guideline: Retirement policy has been a rare area of bipartisanship in Washington over the years.

Retirement 52

Retirement Policies Guidelines Background screening 52

Extensis

AUGUST 23, 2022

While moves are being made to reduce the impact this debt has on consumer credit reports, the bills themselves can be stressful and raise overall healthcare costs. Bills that were charged to a credit card and were still being paid off. Beginning in July 2022, all paid medical collection debt was removed from consumer credit reports.

Retirement 95

Retirement Planning Tools HR Software Report 95

Payactiv

JANUARY 8, 2021

The best time to start budgeting and planning for your financial future is, well, yesterday. Young adults can be especially lax when it comes to planning and budgeting. Though it seems like they have long to go before they need to have a set plan, this isn’t the case. Similarly, landlords will likely want to see it.

Wage and Hour Training 52

Wage and Hour Training Planning Tools PayActiv Retirement 52

Netchex HR Blog

OCTOBER 10, 2023

Have you ever felt like business taxes should be easier to pay and manage online? The Electronic Federal Tax Payment System (EFTPS) is a free government tool for efficiently scheduling payments. Department of the Treasury provides EFTPS as a secure way to send tax payments to the IRS any time. Who uses EFTPS and why?

HR Software 65

HR Software Planning Tools System HR Planning 65

Decusoft

JULY 15, 2021

What Is a Deferred Compensation Plan? These deferred compensation payments are usually in pension plans, retirement plans, or stock options. The taxes on deferred compensation plans are not paid until the distribution is made. 401(k) vs. Deferred Compensation Plan? Types of Deferred Compensation: .

Compensation 52

Compensation Retirement Bonuses and Incentives Competencies 52

Homebase

SEPTEMBER 21, 2021

You deposit pre-tax funds into HRAs that your workers can then use for out-of-pocket medical expenses and health insurance premiums. Other than giving you tax advantages, HRAs are also cheaper than group health insurance. They can also be used in tandem with any existing plans you may offer. . Retirement benefits.

Hiring Software 98

Hiring Software Bonuses and Incentives Retirement Planning Tools 98

Abel HR

DECEMBER 7, 2020

Add to that the more significant number of people who want to continue working after the retirement age. This, and many other factors, has paved the way for an upgrade in the US’s retirement system. This legislation should interest individuals and employers as it can impact both financial planning and retirement.

Retirement 52

Retirement Planning Tools HR Software System 52

Abel HR

DECEMBER 7, 2020

Add to that the more significant number of people who want to continue working after the retirement age. This, and many other factors, has paved the way for an upgrade in the US’s retirement system. This legislation should interest individuals and employers as it can impact both financial planning and retirement.

Retirement 52

Retirement Planning Tools HR Software System 52

ForUsAll

JULY 26, 2018

Are you thinking about offering retirement benefits for your employees? Maybe you want to help your employees build their retirement nest eggs. Or you’re ready to start saving for retirement yourself. And today, 401(k) plans are affordable and easy to offer. Retirement Plan Benefits For Employees.

Retirement 56

Retirement Hiring Software HR Software Planning Tools 56

Payactiv

FEBRUARY 27, 2021

This includes things like living within your means, getting prepared for emergencies, and planning for the future. Offer Credit Counseling Many employees struggle with credit problems, which can lead to low credit scores and crippling credit card debt. All contributions are tax-deductible.

Wellness 52

Wellness Wage and Hour Training Hiring Software Retirement 52

Extensis

MAY 4, 2023

Employees with salaries less than $40,000 have the lowest health plan enrollment rate (56%). Lower incomes in combination with the escalating expense of healthcare coverage forces many employees to pick and choose health plan participation. Inflation has risen costs in every aspect of life, health plans are no exception.

Planning Tools 52

Planning Tools HR Software Employee Benefits Compensation 52

UKG

SEPTEMBER 20, 2021

Except for federal tax levies and federal agency debt collections (see previous blog for definitions) all federal garnishments and state garnishments could be covered under both the state law and the federal regulations. Yes, both State tax levies and voluntary wage assignments are governed exclusively by state law. NEW MEXICO.

Wage and Hour Training 52

Wage and Hour Training Ascentis Payroll Retirement 52

Extensis

FEBRUARY 6, 2023

Quick look: SMBs know they must offer benefits beyond the traditional 401(k) plan to stay relevant among today’s workforce. Companies have long supported 401(k) retirement accounts for employees as part of a comprehensive compensation package. When companies invest in employee growth, job satisfaction goes up and turnover goes down.

Planning Tools 94

Planning Tools Recruiting Software HR Software Wellness 94

Embroker

SEPTEMBER 12, 2022

You have to take care of your business growth, financial stability, taxes, and even retirement plan. And it might seem like a redundant expense to you right now, but you should also find the right health insurance plan for yourself. Benefits of Having a Health Insurance Plan.

Planning Tools 98

Planning Tools Screening Groups Retirement 98

Close HR Connections News & Insights

APRIL 2, 2020

The CARES Act seeks to improve the economy with provisions that impact: Business loans Unemployment insurance Employer-sponsored health insurance Employer-provided education assistance Retirement savings. Business Tax Credits. Retirement/Pension Plans. Direct Payments to Individuals.

Retirement 52

Retirement Payroll Compensation Company 52

UKG

MAY 21, 2021

In this blog, we will summarize each section, with reference to the specific Q-and-A (where applicable) where readers can find more information. Although in the example provided, the two qualifying events occur under two different employers’ plans, what if both spouses worked for the same employer?

Ascentis 52

Ascentis Retirement Groups Examples 52

UKG

MAY 21, 2021

In this blog, we will summarize each section, with reference to the specific Q-and-A (where applicable) where readers can find more information. Although in the example provided, the two qualifying events occur under two different employers’ plans, what if both spouses worked for the same employer?

Ascentis 52

Ascentis Retirement Groups Examples 52

Zenefits

JANUARY 22, 2019

Artificial intelligence is coming to your workplace, whether you’re planning to incorporate it or not. New tax credits and depreciation rules could put technology within reach for smaller companies. It’s estimated 25% of today’s drivers will retire or leave the industry within the next 10 years.

Staffing Software 47

Staffing Software Planning Tools HR Software Compliance Training 47

Zenefits

MAY 21, 2019

If you’re a small business owner, chances are, you recently completed your tax filing. So, how to save money on taxes next year is probably top of mind. Before we get to the specifics, let’s review why offering your employees a 401(k) is a good idea even outside of tax advantages.

Retirement 31

Retirement Zenefits Compensation Competencies 31

Affinity HR Group

MARCH 29, 2020

Payroll costs may not include compensation of any individual employee in excess of an annual salary of $100,000, payroll taxes, compensation for employees living outside the U.S. The credit is applied against the employer’s share of FICA (social security) tax.

Analysis 64

Analysis Payroll Groups Compensation 64

HR Bartender

JULY 19, 2016

The information we’re covering is for general informational purposes only and does not constitute legal advice, tax advice, accounting services, or professional consulting of any kind. While your organization is putting its plans in place to address the new FLSA changes, here are a few other laws to keep in mind. You get the point.

Paycom 150

Paycom Policies HR Planning HR Software 150

EverFi - HR

MARCH 8, 2024

The Danger of Taking On Debt As a Young Person ( 03:34 ): Now Bella came from a low-income family, so they didn’t have a lot of money to buy supplies, so they took advantage of credit card signups at each store. At 18 years old, Bella signed up for multiple credit cards and over a thousand dollars in debt.

Background screening 52

Background screening Retirement Study Time and Attendance 52

Ongig

APRIL 13, 2020

Advising on long-term fiscal planning for the business. A Financial Advisor may specialize in various types of financial services, such as financial planning or asset management. A Finance Manager is tasked with overseeing cash management and investment planning. Overseeing credits and collections. # Credit Analyst.

Payroll 71

Payroll Planning Tools Assessment Software Data 71

Extensis

SEPTEMBER 19, 2022

Why is long-term care planning important? While people may not know if or when they’ll need long-term care, planning for it well in advance is critical. Its premiums may be federally tax deductible, and many states offer a tax deduction or credit. 401(k) retirement plans. Age 41-49 : $850.

Policies 52

Policies Retirement Exercises Meeting 52

Zenefits

DECEMBER 15, 2017

When it comes to seeking advice on our savings, we’re lucky to have dependable, trustworthy partners in the retirement planning space. Thanks to having more flexibility with character count on the blog, we added more detail to the answers below. Both are good ways to lower taxes on #retirement savings.

Zenefits 43

Zenefits Retirement Guidelines Payroll 43

PlanSource

DECEMBER 11, 2019

Design your contribution plan and benefit eligibility rules. Several bills have been introduced to change employer student loan contributions to tax-free, so this may change in the near future. Peanut Butter documents the terms, administers the plan and communicates the timing to eligible employees. Multiple plans?

Employee Benefits 84

Employee Benefits Hiring Software Wage and Hour Training Video Recruiting 84

Ongig

OCTOBER 19, 2023

It covers preventive care, prescription drugs, emergency care, specialized care, maternity, and family planning. Retirement savings plans (401(k), pension) A 401(k) plan is a company-sponsored retirement account in which the employee can contribute income while their employers may match their contributions.

Bonuses and Incentives 59

Bonuses and Incentives Video Recruiting Hiring Software Background screening 59

Immedis

JANUARY 17, 2019

In India , before the tax year starts all employees are required to inform their employer of which tax free credits they are entitled to. These tax-free credits are important tax saving investments and the employee themselves must provide the required proof by submitting an investment proof submission.

Payroll 64

Payroll Certification Planning Tools Guidelines 64