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Keep Track of Your Beneficiaries

Money Talk

Who is going to get what you someday leave behind in life insurance policies and/or tax-deferred retirement accounts? Beneficiary designations are important estate-planning tools and should not be overlooked to make sure your hard-earned money gets passed down to those you select to receive it.

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What is a return of premium life insurance policy?

Higginbotham

If you outlive your life insurance policy, can you get your premiums back? However, a return of premium life insurance policy is the exception. This life insurance product allows policyholders to collect a refund of the premiums they have paid. These premiums are the cost of purchasing insurance.

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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. What Not to Do - Annuities are generally not appropriate for qualified retirement plans such as 401(k)s or IRAs. Medicaid planning, 2.

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Importance of Employee Benefit Package And Why it Matters

HR Digest

Create a plan to review the employee benefits package routinely Business Owner and Manager together can design employer benefits package as it is key to attracting and retaining top talent. Health insurance 2. Pension or retirement savings plan 3. Dental or vision insurance 4. Retiree health insurance 6.

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Common Estate Planning Misperceptions

Money Talk

Without estate planning documents (e.g., My Will States Who Gets my IRA - Two of the largest assets for many people, life insurance and qualified retirement plans (e.g., 401(k) and 403(b) plans and IRAs) are transferred via beneficiary designation- not via a will. This is incorrect.

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Best Global Benefits Services

HR Lineup

Employee benefits are non-wage compensations that are provided by employers to their employees, which may include health insurance, retirement plans, and vacation time. These services can include the provision of benefits such as health insurance, retirement plans , and other non-wage compensations.

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Employee Benefits: Types, Cost & Examples

HR Digest

But the more you know about the types of employee benefits offered by your employer, the better equipped you’ll be to make informed decisions about health care, retirement plans, and other important financial matters. Some employers may also offer dental and vision coverage through their health plans.