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IRS boosts health savings account contribution limits for 2025

HRExecutive

Advertisement - The Internal Revenue Service recently announced that for the calendar year 2025, the health savings account contribution limits for individuals with self-only coverage will jump to $4,300—up $150 from $4,150 for this year. Advertisement - This, in turn, will help HR leaders boost employee financial wellness, he said.

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SHRM’s 2023 Employee Benefits Survey: What Brokers Should Know 

Extensis

Quick look: The 2023 SHRM Employee Benefits Survey highlights the shift brokers are experiencing in how clients are prioritizing employee benefits. Therefore, rather than viewing the future of employee benefits as an “out with old, in with the new” situation, it’s better to welcome a co-mingling of the two.

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Employee Benefits: The Only Guide You Need

Achievers

The term “employee benefits” is used regularly, but often with a limited, traditional definition in mind. The traditional concept refers to legally mandated benefits plus a few voluntarily added by employers. What are employee benefits? . Employee benefits are non-salary compensation and perks.

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A Guide to Understanding Retirement Rewards and Benefits with Fortune 500 References

Empuls

Bureau of Labour Statistics 1 has shown that 73% of working professionals accessed retirement rewards and benefits. The research also revealed that up to 77% of workers with access to employer-sponsored benefits, chose to participate in the program, increasing the take-up rate.   What are retirement rewards? 

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Student Debt Repayment: The Next Big Employee Benefit

Extensis

Per a recent CNBC survey, 81% of people carrying student loan debt have had to push back life milestones, including buying homes, investing in the stock market, or setting aside funds for retirement. As a broker, you can help employers evaluate their benefits packages holistically: What employee pain points do their benefits solve?

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EBRI Study Overview: Balancing Student Loan Debt Payments with 401(k) Contributions

Extensis

Quick look: Recent EBRI research reveals an all-too-common challenge employees face today is paying off student debt while also trying to save for retirement. A new study from the Employee Benefit Research Institute (EBRI) reveals student loan debt payments are having a negative impact on 401(k) employee contribution rates.

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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. workers who have not been able to save enough money to retire have delayed their transition into this next stage of life because of current economic conditions and record-high inflation. The SECURE 2.0 For many U.S. The SECURE 2.0