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Roth vs Traditional 401K – Which is Best?

Stratus.HR

The Roth option is sometimes referred to as the post-tax option because you pay taxes on the income you earn and then make the contribution into the Roth portion of your 401K. If, however, you are toward the younger end of things, it is incredibly important to recognize the power of the Roth 401K.

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16+ types of employee benefits you should consider

Genesis HR Solutions

There is risk involved in sponsoring a 401(k) Plan— we discuss this in detail in this article. There are several other types of retirement plans to consider, including Simple IRA, Roth 401(k), and more. Additional Benefits To Consider. Employee Assistance Program (EAP).

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Learn from payroll year-end mistakes or repeat them

Business Management Daily

Ensure that for accounting purposes, all income and expenses are accounted for prior to calculating shareholders’ year-end bonuses. HR: employee awards and prizes, including the value of gift cards, income from qualified equity grants and aggregate deferrals related to qualified equity grants as of the close of the calendar year.

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How Employee Perks Can Help Companies in the US

Vantage Circle

These incentives span a wide array, from health benefits and retirement plans to flexible work arrangements, financial bonuses, and professional development opportunities. Honeywell offers a flexible 401(k) plan, allowing employees to contribute up to 30% of their eligible pay in pre-tax, Roth 401(k), or after-tax contributions.