Remove Employment Remove Life Insurance Remove Pension Benefit Remove Taxes
article thumbnail

Make the Most of Free Money

Money Talk

Free money does not have any work requirement, however, and is often income tax-free. Employer Match- This is money contributed to employees’ retirement savings accounts to match what they save. 50% for a fifty cent per employee dollar saved match) and is taxed as ordinary income in retirement.

article thumbnail

What do employers need to know about the pensions lifetime allowance abolition?

Employee Benefits

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