Money Talk
JANUARY 4, 2024
Free money does not have any work requirement, however, and is often income tax-free. 50% for a fifty cent per employee dollar saved match) and is taxed as ordinary income in retirement. Life Insurance - This is money transferred to a beneficiary via a deceased person’s life insurance policy.
Money Talk
JANUARY 4, 2023
Inflation Impacts - Higher prices affected the following household expenses: food, restaurant meals, apartment rents, air fares, child-rearing expenses, and utility bills. Taxes - The average income tax refund in 2022 was $3,039, but some families with advanced child tax credits faced tax payments.
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Higginbotham
DECEMBER 8, 2023
A Premium Only Plan is an option that may offer significant tax savings for all involved parties. With a POP plan, employees can use their pre-tax compensation to buy a group insurance plan or other qualifying benefit. This allows employees to pay using pre-tax dollars. What is a Premium Only Plan?
Benefit Resource Inc.
APRIL 6, 2023
It is crucial for employers to offer benefits programs that align with employees’ changing needs, while employees must take an active role in learning about and utilizing their benefits. These eight benefits provide an opportunity for over $30,000 of increased value to employees each year.*
Higginbotham
JANUARY 4, 2022
For life insurance claims, the claim would go directly to the policy’s beneficiary. Examples of Ancillary Health Insurance. Group Life Insurance. Group life insurance helps employees provide their families with financial security in the event of their death. Critical Illness Insurance.
Benefit Resource Inc.
NOVEMBER 29, 2023
Take out a life insurance policy for added peace of mind. There are any number of employee benefits you can take advantage of which either contribute to your financial security or provide you more time to enjoy the little things in life. We are all faced with choices every day which can lead you to save time or money.
Business Management Daily
SEPTEMBER 22, 2021
The survey results will help you prioritize the benefit changes or expansions that would be most impactful for your current employees so that you can utilize your benefits budget effectively. HSA benefit plans: A health savings account lets employees set aside money on a pre-tax basis to pay for qualified medical expenses.
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