Remove 2005 Remove Compensation Remove Employee Benefits Remove Retirement
article thumbnail

401(k) 101: A Benefit for Employers and Employees Alike

HR Daily Advisor

Since 401(k) retirement savings plans first appeared in the early 1980s, they have grown rapidly. Today, they are one of the most popular and widespread employee benefits. In this article, we’ll look at some of the key benefits 401(k)s provide to both employees and employers, as well as some important practical considerations.

article thumbnail

10 Questions You Should Ask Your Retirement Plan Provider

Insperity

If only finding a retirement plan to offer your employees were as easy as retiring itself. After all, it’s your employees’ future. From Simplified Employee Pension plans to 401(k)s to defined benefit plans, retirement plans come in many forms. And you don’t want to make a rush decision, either.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

An Introduction to Cafeteria Plans: Permitted Tax-Exempt and Taxable Benefits

HR Daily Advisor

If a cafeteria plan violates the special rules of Section 125, a benefit that may be tax-exempt if offered outside a cafeteria plan could lose its tax exemption if it is offered inside the plan. Permitted Plan Benefits. This prohibition on benefits that defer the receipt of compensation is a long-standing requirement of Section 125.

article thumbnail

15 Best HCM Software in 2024 (Based on Four Research Parameters)

Vantage Circle

Here are some of the must-have features: Core HR Management: Employee Database : A centralized repository for employee information, including personal details, work history, and contact information. Payroll Management : Automated payroll processing to ensure accurate and timely compensation.