Money Talk

MAY 18, 2022

Now that 2021 income tax season has been over for a month and the dust has settled, it is time to start some serious tax planning for 2022. Improve Your Tax Records - If disorganized records were a problem for 2021 taxes due in 2022, set up a better system. 401(k), 403(b), and traditional IRA).

Taxes 261

Taxes 401(k) Deductions Deductible 261

Griffin Benefits

NOVEMBER 11, 2021

Together, these combined announcements by the IRS detail 2022 adjusted limits to the amounts employees can tuck away pretax into Flexible Spending Accounts (FSAs), Health Savings Accounts (HSAs), transportation benefits, and retirement plans such as 401(k)s. 2022 Retirement Plan Limits Increase.

401(k) 55

401(k) Retirement Plan Health Savings Account Deductions 55

InterWest Insurance Services

JULY 20, 2022

Indeed, a 2021 study found that 29% of Gen Z respondents are carrying medical debt. The various accounts have different rules for what services or medical costs can be reimbursed by these accounts. You can teach them about these tax-advantaged accounts and the importance of saving for retirement. Financial wellness.

Education 94

Education 401(k) Deductions Deductible 94

WEX Inc.

APRIL 24, 2023

Pre-tax employee benefits plans, such as health savings accounts (HSAs) and flexible spending accounts (FSAs) , let you save money by putting aside pre-tax dollars to pay for eligible medical, dental, vision and other expenses. In 2021, the average employer contribution to employee HSAs was $869.

401(k) 52

401(k) Health Savings Account Deductions Deductible 52

Business Management Daily

DECEMBER 1, 2019

1, 2021, is a holiday. 1 payday back into 2020, you’d still have 27 biweekly pay periods, this time in 2021. In addition, 401(k) nondiscrimination testing may be affected. Depending on your payday, this will happen next year, when the 27th payday falls on Dec. Twist: If you don’t push the Jan. Who’s impacted.

Payroll 83

Payroll 401(k) Deductions Deductible 83

Business Management Daily

JANUARY 5, 2021

The new COVID relief package included in the Consolidated Appropriations Act, 2021 (H.R. The COVID relief package extends paid sick and family leave , and your tax credits for providing through March 31, 2021. The leave and the tax credits are extended, not reset, for 2021. The law extends the payback time to the end of 2021.

Family and Medical Leave Act 52

Family and Medical Leave Act Payroll 401(k) Taxes 52

Higginbotham

OCTOBER 5, 2023

Basic Benefit Packages are No Longer Competitive Not long ago, a more competitive benefits package might have included health insurance and a 401(k) plan , plus dental and vision insurance. Microsoft offers employees either a Health Savings Account (HSA) or a Flexible Spending Account (FSA).

Health Insurance 52

Health Insurance Employee Benefits Insurance 401(k) 52