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Introduction to 401(k)s for small businesses

Business Management Daily

Setting up a 401(k) for employees can be a daunting task for small business owners. 401(k)s allow employees to set aside a percentage of their salary to plan for their future retirement. 401(k)s allow employees to set aside a percentage of their salary to plan for their future retirement. What is a 401(k)?

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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. They are often bought with money from settlements, investment accounts, and pension plan lump sum distributions. Medicaid planning, 2.

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Importance of Employee Benefit Package And Why it Matters

HR Digest

Matching 401(k) contributions 2. Health insurance 2. Pension or retirement savings plan 3. Dental or vision insurance 4. Considering health care and life insurance 5. Retiree health insurance 6. Some top choices trending today include: 1. Health care flexible spending accounts 3.

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Employee Benefits Guide for 2023: What Employers Need To Know

Vantage Circle

An employer can provide short-term disability or long-term disability insurance, depending on the employee's needs. Life Insurance Life insurance is another benefit that is an essential part of the benefits package. 401(k) Plans A 401(k) plan allows the employees to defer some of their salary.

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How to evaluate the compensation plan?

HR Digest

Retirement benefits – include 401(k)/403(b), pension plans, etc. Disability insurance. Life insurance. On the other hand, Job B offers a salary, 401(k), employee assistance program , and learning and development opportunities. Employee assistance program. Relocation expenses.

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Two-thirds of Small Firms Are Boosting Their Benefits Packages: Poll

InterWest Insurance Services

401(k)s or other retirement plans. Dental insurance. Life insurance. Accident insurance. Long-term and short-term disability insurance. Accidental death and dismemberment insurance. Defined benefit pension plans. Critical illness insurance. Hospital indemnity insurance.

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4 Life Hacks to Extend the Value of Your Benefits

Benefit Resource Inc.

You might plan for retirement by contributing to a 401k plan. Take out a life insurance policy for added peace of mind. There are any number of employee benefits you can take advantage of which either contribute to your financial security or provide you more time to enjoy the little things in life. .”

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