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16+ types of employee benefits you should consider

Genesis HR Solutions

There are four major types of employee benefits many employers offer: medical insurance, life insurance, disability insurance, and retirement plans. Medical Insurance. Hospital insurance is health insurance for hospital costs. The employee must pay a monthly fee for private insurance.

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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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Employee benefits for small businesses

Higginbotham

Disability Insurance and Life Insurance. Health insurance is a key element of any employee benefits package, but small business owners should consider offering other benefits as well. Life insurance is a popular choice. Disability insurance is another popular option. Other Key Benefits.

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The Consolidated Appropriations Act: 2021’s Employee Benefits Provisions

McNees

Similar to the COVID distributions, a 401(k) may allow “qualified disaster distributions” up to $100,000 that will not be subject to the 10% early withdrawal penalty. Special Disaster-Related Rules for Use of Retirement Funds. Excess Pension Asset Transfers. Student Loans.