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5 Benefits to Help Employees Cope with Inflation

Best Money Moves

A few great ways for employers to assist employees are auto-enrolled retirement plans and increasing 401(k) contributions. According to SHRM, 16% of large and midsize US employers plan to raise 401(k) contributions or reinstate a contribution match for 2022. Health Care Assistance. Student Loan Repayment Assistance.

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Examples of fringe benefits by category

Business Management Daily

A good regular salary may have been enough years ago, back when government subsidies managed things like healthcare and retirement, but those programs have become less and less effective. However you may feel about the government’s responsibility to cover healthcare needs, it’s a fact that healthcare-related bankruptcies are on the rise.

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5 Must-Have Benefits for Millennial Employees

Best Money Moves

401(k) Retirement Fund Match was in the top three desired employee benefits for more than 35 percent of millennials. Research by the West Health Institute/NORC at the University of Chicago found more than 40 percent of Americans didn’t see a physician when they were sick or injured because of high healthcare costs.

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16+ types of employee benefits you should consider

Genesis HR Solutions

Cancer insurance is supplemental insurance, and most types pay policyholders a lump sum upon diagnosis with a covered cancer, while others offer supplemental payments for healthcare costs. Accident insurance helps employees pay for the medical and out-of-pocket costs that you may incur after an accidental injury.

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Should I Enroll in a High Deductible Health Plan with an HSA?

Stratus.HR

Considering they have lower premiums and provide the ability to use pre-tax dollars to pay for out-of-pocket costs, what’s not to love? Well, there’s a flipside of HDHPs and HSAs that includes a higher deductible and added out-of-pocket costs. Is a lower deductible worth the higher out-of-pocket costs?

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Having a Baby? Use Your Pre-Tax Funds to Save

Benefit Resource Inc.

Even with health insurance, labor and delivery can cost around $5,000, and without insurance, it can be upwards of $40,000. Fortunately, one great way to help with out-of-pocket costs is utilizing a Health Savings Account (HSA). Did you know having a child qualifies for special enrollment?

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