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401(k) glossary: Your guide to retirement terminology

Guideline

Saving for retirement should be simple. Put some of the blame on retirement’s complex terminology. Guideline believes that saving for retirement should be easy for everyone. Consider this glossary your secret decoder ring to all-things-retirement. Scroll below to learn how individual retirement accounts (IRAs) work.

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it’s your Friday good news

Ask a Manager

The process moved so smoothly with only minor delays, they sent me a monetary gift for time spent on a practice exercise, and they had thorough and thoughtful interviewing and reference checking. My new job offered 20% less pay, and doesn’t pay for any retirement benefits. And there’s a negotiation success story!

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Business’s Retirement Plan Tax Deduction Can Increase Owners’ Personal Tax Deductions

HR Daily Advisor

Retirement plans always have been an excellent vehicle for creating current tax deductions for businesses. For a business that passes through income to its owners, the business’s retirement plan often is designed to reduce each owner’s personal taxable income by a share of the retirement plan’s contributions.

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Job Offer Letter Email Template That’ll Get Candidates to Say ‘Yes’

HR Digest

Finding the right person for the right job is a strenuous but satisfying exercise. It is the final document that goes to the potential person for a signed acceptance. It is also a legal document that generally is biased towards the employer. The company has a retirement plan, applicable 90 days after your start date.

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Human Resources Assistant Job Description and Salary

Analytics in HR

They provide support in the following areas: Recruitment and selection Employee records and documentation HR policies and procedures Employee relations Learning and development Payroll and benefits administration Employee data management and reporting Compliance and legal requirements Confidentiality and data protection.

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7 ways to support employees during economic inflation

Insperity

It can be a smart exercise to identify the most mission-critical talent in your workforce and proactively start discussions with them. Increase company contributions to retirement planning. When communicating with employees about inflation, remind them of the long-term benefits of contributing to their retirement plans.

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DOL Final Rule Allows Online Disclosure of 401(k) Plans

Zenefits

Electronic methods are the quickest ways to deliver the documents related to this information. The final rule gives 401(k) plans a new, alternative way of satisfying the disclosure requirements authorized by the Employee Retirement Income Security Act (ERISA) of 1974. Covered documents.