PeopleKeep

MAY 18, 2022

In recent years education benefits have become one of the most in-demand employee benefits options alongside wellness programs. An additional 13% of employers offer a 529 plan —a tax-advantaged account used to save for higher education.

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Education Retirement Plan Benefits Package Health Insurance 81

Money Talk

JUNE 5, 2024

I recently attended a webinar about women’s finances presented by the FINRA Investor Education Foundation in cooperation with the New York Public Library. Three tips were provided: understand your retirement savings plan, automate your contributions, and learn about the tax benefits of IRAs and employer plan contributions.

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401(k) Finance Taxes Utilities 300

Benefit Resource Inc.

DECEMBER 5, 2023

Understanding the intricacies of pre-tax benefit plans and COBRA regulations is crucial, but for those new to the field, it can be a challenging endeavor. For those new to the benefits space, the challenge lies in understanding the nuances of pre-tax benefit plans and COBRA regulations. Recognizing this need, Benefit Resource, Inc.

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Education Taxes Employee Benefits Flexible Spending 52

Vantage Circle

JANUARY 29, 2023

Often the knowledge received at university is not enough, and corporate education comes to the rescue. Corporate education of personnel is a way for the organization's employees to gain new knowledge and improve their skills. So, corporate education is essential today. When is Corporate Education Necessary?

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Education Employee Loyalty Technology Taxes 104

Business Management Daily

SEPTEMBER 6, 2023

You can help employees with their current educational expenses, pick up their student loans, or even help out employees’ children with their educational expenses. 529 plans aren’t for employers IRC § 529 allows states and educational institutions to establish qualified tuition programs. Learn from this employer’s mistake.

Education 52

Education Taxes Recruitment Employment 52

InterWest Insurance Services

JULY 20, 2022

Keep in mind that the ritual of choosing a benefits package is a brand-new experience for people who are new to the workforce, and you should prepare to educate new employees on how to effectively choose and use their new coverages, as well as all the details like premiums, deductibles and out-of-pocket expenses. Continuing education.

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Education 401(k) Deductions Deductible 94

Money Talk

MAY 31, 2023

Tax Planning - Until 12/31/25, taxes are “on sale.” Nobody has a crystal ball, but we know that tax rates will rise starting in 2026 when the Tax Cuts and Jobs Act expires. There are only two ways to reduce taxes: 1. When the government lowers tax rates. Make less income and 2.

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Finance Taxes Pension Education 245

Money Talk

OCTOBER 11, 2023

For almost four years, I have been a full-time financial education entrepreneur. Tax Write Off for Health Insurance - On line 17 of Schedule 2, self-employed workers can take an “above the line” deduction for health insurance, which lowers their AGI. Almost half of all U.S. For 27 years prior, Money Talk was a “side hustle.”

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Employment Deductions Deductible Taxes 208

Money Talk

MARCH 2, 2023

After I left New Jersey and was no longer a recognizable figure as a financial educator for Rutgers University, I attended a few free meal seminars “undercover” in my new home state of Florida. Few people know about my financial education work and I knew I wouldn't be "outed" and asked to leave because I'm a CFP(R).

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Taxes Consulting Education Finance 243

PeopleKeep

JUNE 8, 2022

This article will explain tax withholdings for fringe benefits, whether employee stipends are taxable, and how to administer compliant employee perks. The content in this article is intended for educational purposes only.

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Taxes Benefits Package Consulting Education 98

Employee Benefits

MAY 10, 2024

Many companies in the UK operate a Save As You Earn (SAYE) share plan, which offers employees a tax efficient way to invest in their company’s shares. However, without expert guidance, many participants may not understand their options once their share plan matures and could be at risk of paying unnecessary tax.

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Taxes Education Employee Benefits IT 52

Money Talk

MARCH 28, 2024

This webinar for financial educators, co-sponsored by the AFSA Education Foundation and National Math Foundation , discussed the important connection between math literacy and financial literacy and presented creative, engaging activities to teach money math. An example is calculating 7% sales tax on a $30,000 car ($30,000 x.07

Finance 170

Finance Education Taxes IT 170

Business Management Daily

OCTOBER 13, 2022

Tax-free scholarships to employees or their kids provided through employer-related 501(c)(3) private foundations aren’t new. All you need to do is e-file an application for tax-exempt status, set up the foundation, fund the scholarship and establish the rules for recipients. Employees value education benefits.

Education 52

Education Taxes Recruitment Employment 52

Patriot Software

AUGUST 31, 2022

If so, you may consider offering educational assistance. What is educational assistance? Read on to learn more about this employee benefit, the advantages of having one, and IRS tax rules. At the same time, do you want to increase your employees’ skills and creativity? What […] READ MORE.

Education 67

Education IT Taxes Employee Benefits 67

Qandle

SEPTEMBER 20, 2023

Payroll taxes are a crucial aspect of every employer’s financial responsibilities. These taxes are collected to fund various government programs and benefits, including Social Security, Medicare, and unemployment insurance. These withheld taxes are then remitted to the Internal Revenue Service (IRS) on a regular basis.

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Taxes Payroll Employment Deductions 52

Professionals Alternative

APRIL 13, 2023

How To Find the Right Tax Accountant Taxes can be confusing and overwhelming for most people. If you are filing taxes or dealing with tax debt, you’ll want to figure things out when time isn’t on your side. That’s where a tax accountant will come in handy. So it will be wise to ask people in your network.

Taxes 52

Taxes Mining Deductions Deductible 52

Professionals Alternative

AUGUST 24, 2023

In this article, we will explore the qualities to look for in an associate attorney, the recruitment strategies to find the perfect fit, and the importance of tax law expertise in the hiring process. Thus, when hiring an associate attorney, it is essential to consider their knowledge and experience in tax law.

Taxes 52

Taxes Recruitment Education Bonuses 52

WEX Inc.

JANUARY 3, 2023

An HSA comes with three key tax-free perks: Contributions are tax-free, earnings are tax-free, and withdrawals for eligible expenses are tax-free. The information in this blog post is for educational purposes only. It is not legal or tax advice. How much should you contribute to your HSA?

Education 52

Education Flexible Spending Account Health Savings Account Flexible Spending 52

Money Talk

DECEMBER 29, 2021

Income Taxes- Tax filing was pushed back to May 17 and advance child tax credits were sent to income-eligible families with children from July to December. There was also late notice of tax exemption for up to $10,200 of 2020 unemployment benefits. to require personal finance education.

Finance 362

Finance Taxes Retirement Plan Insurance 362

WEX Inc.

JUNE 13, 2024

Flexible spending accounts (FSAs) allow your employees to use pre-tax dollars to cover eligible out-of-pocket healthcare expenses, providing a tax-efficient way to manage medical costs and helping you and your employees save money. Only employees with a legitimate tax-dependent status can use FSAs to cover dependent care expenses.

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Flexible Spending Account Flexible Spending Health Savings Account Taxes 52

Money Talk

SEPTEMBER 7, 2023

Education - I was first in my family to receive a college degree. Financial Education - People generally learn the most about money from family members. Consider these 12 strategies: Disciplined Spending- A path to wealth is living below your means and saving the difference. My parents’ savings made this possible.

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Life Insurance Taxes Commissions Insurance 186

Money Talk

NOVEMBER 9, 2023

traveling, volunteering, and working) between high school and post-secondary education or college graduation and graduate school. when there are no more early withdrawal penalties on money removed from tax-deferred accounts) and the start of required minimum distributions (RMDs). Think Malia Obama and Elon Musk.

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Pension Taxes Deductions Deductible 184

Business Management Daily

JUNE 3, 2023

If you don’t want employees to feel the bite or, as many have predicted, the Supreme Court tanks the plan, you can amend your IRC § 127 educational assistance plan to allow you to pay back up to $5,250 a year in employees’ loans. Would you be comfortable letting the IRS do your taxes? Curious about who sees your tax data?

Taxes 52

Taxes Payroll Education Software 52

Snell & Wilmer Benefits

MARCH 23, 2023

These payments can be excluded from taxable income and are not subject to payroll tax. To take advantage of this new employee benefit, employers must adopt a written policy and otherwise comply with the formal requirements of Code Section 127, which governs qualified educational assistance programs.

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Education Employment Government Taxes 52

Employee Benefit News

APRIL 2, 2024

Help employees save money by educating them on contributions and eligible items for their health savings accounts.

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Health Savings Account Taxes Education Employee Benefits 82

Employee Benefits

MARCH 8, 2023

With the end of tax year looming, employees must act fast to make the most of their £20,000 ISA allowance before the deadline of 5 April. After all, the exemption is a ‘use it or lose it’ allowance; in other words, you cannot carry forward unused allowances from previous tax years. Yet all dividend income is tax-free in an ISA.

Taxes 52

Taxes Education Employee Benefits IT 52

AssuredPartners

SEPTEMBER 8, 2021

Employers can offer financial wellness programs to help mitigate these negative effects, and steps should be taken to build an impactful plan, educate employees about available resources and engage them to participate. Provide after-tax accounts (i.e. Offer effective retirement plan education seminars and webinars.

Education 75

Education 401(k) Retirement Plan Take Home Pay 75

Money Talk

OCTOBER 6, 2022

Lack of Retirement Planning - Many people spend time planning meetings that last an hour, weddings that last a day or a weekend, and higher education (4-5 years). Blogs should also include a disclaimer stating that posts are for educational purposes only and do not constitute personalized advice. net investment income tax (NIIT).

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Taxes Finance Education Retirement Plan 187

Money Talk

DECEMBER 29, 2022

Below are 10 of my top take-aways: Knowledge is Power - While new state financial education mandates are getting lots of media attention (and rightly so), financial education works for everyone! Recent research provides clear evidence of the positive effects of financial education on financial behaviors.

401(k) 177

401(k) Taxes Retirement Plan Finance 177

Money Talk

APRIL 4, 2024

All other tax-deferred plans, like 401(k)s and the thrift savings plan (TSP), must have RMDs calculated separately. Roth Conversions - It is best to move money from a pre-tax account to a Roth account in low-taxable income years, during stock market downturns, and/or in small increments over time. net investment income tax.

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401(k) Taxes Finance Education 189

Money Talk

SEPTEMBER 30, 2022

Many are middle income taxpayers who diligently saved and invested for 4-5 decades in tax-advantaged plans. As I wrote in my book Flipping a Switch , some older adults must “plan for higher taxes in the future, especially when required minimum distributions (RMDs) kick in.” IRMAA surcharges. to $573.30 for Medicare Part B and $12.40

401(k) 243

401(k) Taxes Pension Deductions 243

Snell & Wilmer Benefits

MARCH 23, 2023

These payments can be excluded from taxable income and are not subject to payroll tax. To take advantage of this new employee benefit, employers must adopt a written policy and otherwise comply with the formal requirements of Code Section 127, which governs qualified educational assistance programs.

Education 40

Education Employment Government Taxes 40

WEX Inc.

MAY 10, 2024

An HSA participant can use their funds to pay for eligible expenses for: Themselves Their spouse Any HSA eligible dependents claimed on their tax return Anyone they could have claimed as a dependent but weren’t able to What happens when a participant contributes more to their HSA than is allowed? It is not legal or tax advice.

Health Savings Account 105

Health Savings Account Deductions Deductible Taxes 105

WEX Inc.

MAY 29, 2024

Supporting employees near retirement As employees near retirement , companies can offer financial planning and education, phased retirement options, and health and well-being resources. The information in this blog post is for educational purposes only. It is not legal or tax advice.

Retirement Plan 98

Retirement Plan Taxes Health Insurance Recruitment 98

Flimp Communications

FEBRUARY 7, 2020

We’re in the middle of tax season now and April 15th is closing in fast. For many full-time employees , filing their taxes every year isn’t all that difficult. Conversations about financial wellness need to start somewhere, so why not take advantage of the opportunity tax season affords you? 2020 Tax Season Changes.

Taxes 53

Taxes 401(k) Health Savings Account Finance 53

Benefit Resource Inc.

MAY 15, 2024

Understanding the HSA Advantage HSAs are tax-advantaged savings accounts specifically designed to help individuals save for medical expenses. HSAs offer triple tax benefits: contributions are tax-deductible, funds grow tax-free, and withdrawals for qualified medical expenses are tax-free.

Health Savings Account 52

Health Savings Account Healthcare Benefits Package Taxes 52

Employee Benefits

FEBRUARY 5, 2024

As well as tax savings, EVs can be cheaper to run and maintain, with used cars also a cost-effective option. Education on charge- and fuel-saving driving techniques, as well as advanced driver training, can save on day-to-day motoring costs, as well as insurance premiums, and providers may be able to help with this.

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Management Taxes Salary Engineering 91