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Annuity Myths and Facts

Money Talk

An annuity is a contract between an investor and a life insurance company. Annuities are sold by insurance agents, stock brokers, and other financial advisors. No Federal Insurance - There is no federal government insurance for annuities as there is for bank products (FDIC) and investment products (SIPC).

401(k) 243
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Importance of Employee Benefit Package And Why it Matters

HR Digest

Matching 401(k) contributions 2. Paid time off banks covering vacation and sick leave 8. Health insurance 2. Dental or vision insurance 4. Considering health care and life insurance 5. Retiree health insurance 6. Some top choices trending today include: 1. Tuition reimbursement 4.

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5 Steps to Building an Employee Benefits Program That Won’t Break the Bank

Insperity

Take these steps to start building an employee benefits program that won’t break the bank. Life insurance – Providing life insurance protects employees’ families by paying a specified amount to employees’ beneficiaries in the event of death. Life insurance premiums are typically affordable for most businesses.

Banking 50
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Living trust vs. will

Higginbotham

Investment accounts, 401(k) retirement funds and life insurance policies usually pass directly to a beneficiary who is named in the account or policy, so they do not go through the probate process and need not be included in a will. Your main assets, such as investments or life insurance, are not subject to probate.

Taxes 69
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Use October to jump-start your year-end payroll processes

Business Management Daily

Identify new outsiders, such as third-party 401(k) plan administrators or third-party payers of sick pay, with whom you’ll be working. Send memos to employees showing the next year’s paydays, the new Social Security taxable wage base, 401(k) pretax limit and state unemployment/disability. wage bases, if applicable.

Payroll 40
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Employee Benefits in the UK: Unlocking the Perks of a Happy, Productive Workforce

Empuls

Zurich offers life insurance plans, a positive mental health environment, and an amazing work culture. To this end, they offer 401(k) Plan : A popular retirement savings option in the corporate world. Generous holidays Partners receive up to 33 days of holiday annually, which includes bank holidays.

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Rethinking Employee Benefits Package: Why Personalization is the Key?

Empuls

Key components of an employee benefits package Major components of an employee benefits package include health insurance, retirement plans, and Paid Time Off. Others, like location-bound perks and life insurance, are also becoming the norm. Life insurance basically covers post-death expenses of an employee.