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How Employee Perks Can Help Companies in the US

Vantage Circle

In 2022, private health insurance coverage remained more prevalent than public coverage, at 65.6 Retirement Plans: Such as 401(k) plans with employer matching contributions Retirement plans, especially 401(k) plans with employer matching contributions, are paramount among employee perks in the United States.

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The Consolidated Appropriations Act: 2021’s Employee Benefits Provisions

McNees

Mid-Year Election Changes: The Act permits plans to allow employees to prospectively change their health or dependent care flexible spending arrangement elections without a change in status at any time in 2021. The amounts paid by the participant must be applied toward the participant’s deductible and out-of-pocket limits.

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15 Best HCM Software in 2024 (Based on Four Research Parameters)

Vantage Circle

Benefits Administration : Manages employee benefits, such as health insurance, retirement plans, and other perks. It is a one-stop shop for all the HR needs of a company, with the company’s focus on serving the needs of growing businesses in the healthcare, professional services, and manufacturing industries.