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Retirement Savings? HSA, IRA or 401(k)

Benefit Resource Inc.

We want to save for retirement, but reality kicks in. As the saying goes, “Don’t leave money on the table” This is very true when considering your approach to retirement savings. Verify HSA contributions, incentives or matching programs. Make sure you provide the required documentation and open that HSA. HSA Incentive Contributions. There are many flavors that an HSA incentive program takes on. Looking to retire early?

The Best Way to Process Payroll [Updated for 2020]


Payroll is one of the most important processes to handle correctly. Learn to Process Payroll Efficiently and Legally. We’ve created a comprehensive 5-part payroll processing guide to help you. How Payroll Processing Works. Best Practices For Processing Payroll. How To Avoid The Top 6 Payroll Mistakes. What To Do If You Can’t Make Payroll. 5 Important Things to Know About Payroll in 2020. How Payroll Processing Works.

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The Small Business Guide to 401(k) Matching


We all want to find our perfect match—especially one we can retire with. Between the tax advantages and this year’s higher contribution limits, employees have plenty of incentive to put money aside for retirement. So how does this important incentive work? 401(k) employer matching 101 A 401(k) plan with an employer match promises that the employer will contribute to an employee’s retirement account based on how much that employee defers.

Attract And Manage Top Talent In Your Small Business


Maybe you don’t have the ability to woo talent with big signing bonuses and salaries. Implement a bonus structure in addition to annual compensation to attract and incentive your employees. Offering quarterly or semi-annual bonuses based on results or key performance indicators can be an alluring benefit. Engaging your employees and keeping them on track to meet performance goals is an important task, particularly if you are offering bonuses as incentives.

Are Your 401(k) Fees Too High?


And these high fees can cause a huge hit to your employees’ retirement savings. Not only does this fee often get baked in your funds’ expense ratios, but this also means that brokers have a real incentive to pack a plan full of higher-cost funds (that include those 12b1 fees). Anything more can cause some serious damage to your and your employees’ retirement savings. Let’s get real about 401(k) fees.

2019 HR & Compliance Web Summit: Executive Summary


W&H is now permitting employers to use nondiscretionary bonuses and incentive payments paid on at least an annual basis to satisfy up to 10 percent of the salary requirement Want to learn more around wage and hour? Compliance: From Hire to Retire | Speaker: Brett Beilfuss. In this compliance session, Paycor’s Brett Beilfuss reviews the 4 major areas of compliance: recruiting, hiring, payroll and people management. Payroll Compliance – FLSA.