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National Employee Benefits Day 2024: Which Benefits Foster Belonging?

Extensis

National Employee Benefits Day , created in 2004 by the International Foundation of Employee Benefit Plans (IFEBP), aims to highlight the importance of employee benefits. 94% offer a retirement savings plan to their employees, and 84% provide a matching contribution.

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Financial Literacy: The Missing Piece in Your Employee Benefits Puzzle

Payactiv

Financial Literacy Month was established in 2004 to recognize the importance of teaching individuals fundamental financial concepts such as budgeting, borrowing, taxation, and other aspects of personal financial management. A well-rounded program could include free counseling sessions, budgeting, and savings tools, and on-demand pay.

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IRS raises HSA limit for 2024 with record increase

HRExecutive

- Advertisement - “The IRS has made inflation adjustments to the HSA since 2004. The adjustments for 2024 for individual and family contribution limits mark its most significant increase by both percentage and amount—ever,” emphasizes Jason Bornhorst, co-founder and CEO of First Dollar, a healthcare benefits technology company.

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Who are the Best 401(k) Providers for Your Small Business?

ForUsAll

A new breed of small business 401(k) providers has emerged, using technology to offer easy-to-use, low-cost 401(k)s. Focused on the unique needs of the small business market, these 401(k) providers strive to make high-quality, low-cost retirement plans accessible to all – not just Fortune 500 companies. Ease-of-Use. Flexibility.

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Employment Laws in Nigeria

Global People Strategist

Regarding retirement savings, Nigerian employees and employers have a legal obligation: make sure 7.5% of monthly wages go towards pension plans. 7. The Nigerian Factories Act, 2004. 3. The Pension Reform Act, 2014. It’s essential for Nigerian citizens and employees to understand their rights under the labor laws.

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5 Ways SMBs Can Celebrate National Employee Benefits Day

Extensis

National Employee Benefits Day , created in 2004 by the International Foundation of Employee Benefit Plans, aims to highlight the importance of employee benefits. At the same time, offering the right plans to employees is one of the most impactful ways to attract and retain talent.

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Make Sure You Take Sufficient Steps to Find Missing Participants

HR Daily Advisor

Department of Labor (DOL)’s guidance for locating missing participants in the event of a plan termination has become more widely accepted for finding such participants in a variety of scenarios. See ¶281 in The 401(k) Plan Handbook for more information.). The agency is silent on situations when the participant is found. Background.