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HR in 2024: Shaping Tomorrow’s Workforce Through Bold Leadership

HR Digest

As we stand at the precipice of 2024, a revolution – not an evolution – awaits. How are you looking critically at your benefits? KJ Johnson, CHRO at Amplitude Rethinking Workspaces The days of the traditional, static office are fading. The year ahead demands courage and audacity. Consider what you’re doing to improve retention.

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SECURE 2.0 Act and the Retirement Situation

Prism HR

Nowadays, there are a lot of people who aren’t feeling very secure about their retirement. So let’s talk about that retirement situation. And, at least until the pandemic, people in the country were living longer so working longer should not be too much of a surprise. of those people being 65 and older. See the problem?

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What’s Next for SECURE 2.0 in 2024

Extensis

Quick look: Retirement savings has always been a significant part of the benefit conversation. Act in late 2022, sweeping changes to 401(k) plans went into effect at the beginning of this year. However, 2024 brings a different set of changes, particularly for those not yet near retirement age. With the passing of the SECURE 2.0

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How the SECURE 2.0 Act of 2022 benefits your workplace

Insperity

workers better prepare financially for retirement, at every stage of their employment journey. This new law comes at a critical time for Americans: Many older U.S. Prioritizing their debt reduction can cause these workers to miss out on the crucial first years – or even decades – of contributions to retirement savings plans.

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SECURE Act 2.0 Details: Key Takeaways for SMBs (and Brokers)

Extensis

The Act includes a variety of features designed to help Americans save for retirement and assist SMBs in offering retirement savings plans to their employees. The Act defines that the age when retirees must begin drawing from their non-Roth, tax-deferred retirement accounts would rise from age 73 in 2023 to age 75 in 2033.

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DOL’s New Rules for 401(k)s and Group Health Plans: What Brokers and Their Clients Should Know

Extensis

Quick look: Compliance changes over the past few years have moved at a frenetic pace. Here’s a look at what employers can expect and how brokers can help to ease the transition. Regulatory Agenda, the DOL has made notable changes to the Employee Retirement Income Security Act of 1974 (ERISA), as well as group health plans.

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Top Benefits of Global Contingent Hiring | ClearCompany

ClearCompany HRM

In this post, we'll look at why a contingent workforce is the answer for many businesses hoping to thrive in today's competitive environment. 8 Advantages of Hiring Global Contingent Workers GloballyHiring Leveraging global hiring and contingent workers helps businesses meet staffing needs quickly without going over budget.