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Financial Planning Tips for Self-Employed Older Adults

Money Talk

Set aside a portion of self-employment income to send to the IRS for quarterly estimated tax payments (and/or over-withhold on a pension or Social Security) to ensure compliance with tax regulations. They can be on Social Security and Medicare while earning money from self-employment. We are not alone. of net business income.

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Does The ICHRA Satisfy The Employer Mandate?

PeopleKeep

If the federal government considers your organization an applicable large employer (ALE), you’re subject to specific Affordable Care Act (ACA) rules. But, understanding the employer mandate is especially important to avoid steep penalties. Navigating the ACA can be difficult, especially if it’s your first time.

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Ten Benefits of Self-Employment in Later Life

Money Talk

For this post, I decided to reflect upon ten benefits of self-employment in later life that I (and other older entrepreneurs) have experienced: Additional Income - A successful business provides additional cash beyond Social Security and other expected sources of income in later life. Almost half of all U.S.

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King’s Speech introduces Employment Rights Bill

Employee Benefits

Credit: Muhammad Aamir Sumsum / Shutterstock.com The new Labour government is to introduce an Employment Rights Bill within its first 100 days as part of its plan to make work pay. The post King’s Speech introduces Employment Rights Bill appeared first on Employee Benefits.

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The Employers Guide to Controlling Cancer

At the same time, the cost of treatment continues to rise, with employers spending 8.5% The best thing employers can do for their employees and business tomorrow is to invest in cancer detection and care today. more on cancer care for each employee than they did last year.

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New Employment Laws in 2023: A Guide for Employers and Employees

HR Digest

Many new employment laws in 2023 have been introduced to reshape the regulations that oversee the safety of US citizens, and companies that want to avoid any complications in the future should ensure they update their regulations and policies to match them as well. According to Bloomberg Law, the FTC will vote on the rule in April 2024.

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Employers Must Use New Form I-9 by November 1

PayrollOrg

Starting November 1, employers must use the version of Form I-9, Employment Eligibility Verification, with an edition date of 8-1-23.

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New DOL Final Overtime Rules: Quickstart Guide for Employers

There’s a new overtime salary threshold that will impact employers across the country. If you have an employee making less than $43,888 on July 1 or less than $58,656 on January 1, you’re going to have to start paying overtime. Download Paycor’s guide to learn: Which groups of employees are affected? How should you classify employees?

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Employer Insights Report 2024: The State of Cancer

So why is it that 82% of employers currently spend significantly more on post-diagnosis care and disease management rather than upstream care? A new survey of 250 benefits leaders who oversee 500 to 50,000 covered lives highlights their perspective on cancer and its burden.

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The HR Biweekly Payroll Calendar Template

While some states mandate pay periods, many employers get to choose their own frequency. Biweekly pay periods are most common among private employers. Keeping accurate payroll records is required by law.

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A Benefits Leader's Top Priority: Reducing Cancer at all Costs

employers are bracing for the largest increase in health insurance costs in a decade next year. And the largest healthcare expense to employers?

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The Complete People Management Toolkit

From welcoming new team members to tough termination decisions, each employment lifecycle phase requires a balance of knowledge, empathy & legal diligence. Download this toolkit to get: Interview questions to ask (and some to avoid) The first 90 days Legal considerations of terminations And more

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Improving Access To & Utilization Of Cancer Screening With Color

This research reveals a promising path forward for employers seeking to support their employees' health through timely, informed cancer screening decisions. Download the full report to uncover more insights on how Color is helping employers take control of cancer.

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The Guide to Choosing an Employer of Record Model

When partnering with an Employer of Record, you’re outsourcing your global legal, HR, and finance infrastructure. In your evaluation, you’ll find two models: The aggregator model and the wholly-owned infrastructure model. Which is better for your company?

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The Guide to Choosing an Employer of Record Model

When you partner with an Employer of Record (EOR), you’re outsourcing your global legal, HR, and finance infrastructure. Choosing the right EOR matters. This guide will help you identify which model is better for your company. Download the guide today!