Money Talk

JANUARY 4, 2024

Employer Match- This is money contributed to employees’ retirement savings accounts to match what they save. Life Insurance - This is money transferred to a beneficiary via a deceased person’s life insurance policy. Like inheritances, life insurance is generally not subject to income tax.

Life Insurance 171

Life Insurance Pension Benefit Retail Taxes 171

Employee Benefits

MARCH 4, 2024

Credit: Natata/Shutterstock Need to know: The abolition of the pensions lifetime allowance in April will require an overhaul of employee communications, and a revaluation of pension scheme design and administration, including opportunities to simplify the scheme and reduce the cost of running it.

Pension 59

Pension Pension Benefit Employment Taxes 59

Workers' Compensation Perspectives

JANUARY 1, 2019

Other real expenses that are excluded from the “basket of goods” [in Canada, at last] are real estate and life insurance. In that state, most workers injured on or before July 1, 2017 will see time-loss and pension benefit payments increase by 5 percent based on the change in the state's average wage.

Workers’ Compensation 52

Workers’ Compensation Pension Health and Welfare Insurance 52