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How Employee Perks Can Help Companies in the US

Vantage Circle

These incentives span a wide array, from health benefits and retirement plans to flexible work arrangements, financial bonuses, and professional development opportunities. In 2022, private health insurance coverage remained more prevalent than public coverage, at 65.6 percent and 36.1 percent, respectively.

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Navigating employee benefits: A comprehensive guide for growing businesses

Insperity

Retirement plans Employees want to be able to save for retirement and plan for their futures. In a 401(k) plan, the most common type of retirement plan, employees can save up to a certain amount set by the U.S. Internal Revenue Service (IRS) each year.

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AMERICAN RESCUE PLAN ACT CONTAINS MANY EMPLOYEE BENEFITS RELATED PROVISIONS

Benefits Notes

All group health plans that provide major medical benefits subject to federal COBRA rules are subject to the ARPA COBRA rules. This includes self-funded and fully-insured plans, multi-employer plans, and governmental employer plans. Health care flexible spending accounts are not subject to the ARPA provisions.