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How HSAs can transform retirement planning and your common questions

WEX Inc.

Many Americans invest and prepare for retirement the same way they did decades ago, but what worked 40 years ago might not be the best approach today. Fortunately, there’s an often overlooked way to help employees build wealth and prepare for retirement. And it’s a solution you might already be offering: the health savings account.

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Smartphone Apps Are Becoming The Catalyst Of HR Management

Hppy

Mobile phone applications that offer organizations the capability for online learning, enhance productivity and provide effective employee management and development are becoming a chief technology trend in Human Resources. A mobile app can make access to employees’ data really easy and high-speed.

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Financial Literacy: The Missing Piece in Your Employee Benefits Puzzle

Payactiv

Financial Literacy Month was established in 2004 to recognize the importance of teaching individuals fundamental financial concepts such as budgeting, borrowing, taxation, and other aspects of personal financial management. A well-rounded program could include free counseling sessions, budgeting, and savings tools, and on-demand pay.

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IRS raises HSA limit for 2024 with record increase

HRExecutive

- Advertisement - “The IRS has made inflation adjustments to the HSA since 2004. The adjustments for 2024 for individual and family contribution limits mark its most significant increase by both percentage and amount—ever,” emphasizes Jason Bornhorst, co-founder and CEO of First Dollar, a healthcare benefits technology company.

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Who are the Best 401(k) Providers for Your Small Business?

ForUsAll

A new breed of small business 401(k) providers has emerged, using technology to offer easy-to-use, low-cost 401(k)s. Focused on the unique needs of the small business market, these 401(k) providers strive to make high-quality, low-cost retirement plans accessible to all – not just Fortune 500 companies. Ease-of-Use. Flexibility.

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National Employee Benefits Day 2024: Which Benefits Foster Belonging?

Extensis

National Employee Benefits Day , created in 2004 by the International Foundation of Employee Benefit Plans (IFEBP), aims to highlight the importance of employee benefits. 94% offer a retirement savings plan to their employees, and 84% provide a matching contribution.

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Employment Laws in Nigeria

Global People Strategist

Regarding retirement savings, Nigerian employees and employers have a legal obligation: make sure 7.5% of monthly wages go towards pension plans. 7. The Nigerian Factories Act, 2004. 3. The Pension Reform Act, 2014. It’s essential for Nigerian citizens and employees to understand their rights under the labor laws.