Guideline
JANUARY 6, 2020
With the last major piece of retirement legislation occurring in 2006 (the Pension Protection Act that enabled participant auto-enrollment into 401(k) plans), our retirement system was in desperate need of some updates. It remains to be seen whether this safe harbor will strengthen or weaken a participant’s retirement savings.
ForUsAll
MAY 8, 2020
That has always meant providing more accessible retirement benefits far away from the Fortune 500. Participants in our 401(k) retirement plans are the backbone of America: people who work for smaller businesses, doing regular jobs. An unprecedented number of participants chose to modify their retirement savings with the tool.
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Guideline
SEPTEMBER 14, 2022
Today, public and private sector employees alike use a 401(k) — or the nonprofit equivalent, a 403(b) — in order to plan for a comfortable retirement. Unlike pensions, these retirement plans put more of the planning decisions—and responsibility—on employees rather than the company.
Guideline
MARCH 23, 2022
A 401(k) plan is a qualified plan offered by an employer that allows employees to have a portion of their wages deferred directly from their paychecks into a retirement account. A 401(k) vs. a pension plan 401(k) plans and pension plans are both employer-sponsored retirement plans. See our side-by-side comparison of SEP IRA vs. 401(k).
InfinityHR
SEPTEMBER 5, 2018
The following are stats from the study that benefits brokers should take into account when considering adding more supplemental options to their sales portfolio: 24 percent of employers offered critical illness insurance to their employees in 2017 compared to just 19 percent in 2006. 26 percent of households in the U.S. and Canada.
Vantage Circle
JULY 20, 2020
No payroll. Provides payroll outsource service in addition. Process Payroll. Established in 1999, ZingHR adopts a mobile-first approach to provide HR solutions from hire-to-retire. Payroll Management. People Data & Analytics. Onboarding. Compensation. Excellent UI/UX. Easy to navigate. High adaptability rate.
Empuls
SEPTEMBER 25, 2023
New requirements for health and retirement benefits Health and retirement benefits are an integral part of employee compensation, and they are subject to their own sets of laws and regulations. These new provisions indicate a shift towards a more human-centric approach to work-life balance.
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