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Common Estate Planning Misperceptions

Money Talk

Without estate planning documents (e.g., My Will States Who Gets my IRA - Two of the largest assets for many people, life insurance and qualified retirement plans (e.g., 401(k) and 403(b) plans and IRAs) are transferred via beneficiary designation- not via a will. This is incorrect.

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Best Global Benefits Services

HR Lineup

Employee benefits are non-wage compensations that are provided by employers to their employees, which may include health insurance, retirement plans, and vacation time. These services can include the provision of benefits such as health insurance, retirement plans , and other non-wage compensations.

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4 Life Hacks to Extend the Value of Your Benefits

Benefit Resource Inc.

You might plan for retirement by contributing to a 401k plan. Take out a life insurance policy for added peace of mind. There are any number of employee benefits you can take advantage of which either contribute to your financial security or provide you more time to enjoy the little things in life. .”

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Financial tips for your LGBTQ+ community

Employee Benefits

Gaps also exist when it comes to retirement savings among same-sex and LGBTQ couples. These individuals are 5% less likely to have a 401(k) or retirement plan and 12% less likely to have an IRA. These couples were rejected from a mortgage 73% more often than heterosexual couples, received interest rates at.2%

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4 considerations when choosing employee benefits for the first time

WEX Inc.

Keep these factors in mind: Medical needs: Estimate your medical needs for the coming year. Do you anticipate regular doctor visits, ongoing prescriptions, or any planned medical procedures. Assess your ability to cover the deductible before choosing this plan.

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How Non-Medical and Niche Employee Benefits Promote Productivity

Flimp Communications

When you stop and think about it, it’s not a big surprise that non-medical employee benefits keep employees happy. But slowly, more companies are realizing they can save money by offering perks like pet insurance and gym memberships. The bottom line for non-medical benefits is that they aid in both attracting and keeping talent.

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3 Things American Employers Need to Know About Managing Global Benefits

Griffin Benefits

Private medical, dental, and life insurance averages less than $1,500 (U.S.) 1 In Canada, where the government covers most medical costs, many employers only offer insurance coverage for dental, prescription drug, ambulatory services, and other medical needs. annually per employee in Mexico.1