Remove 2005 Remove Compliance Remove Retirement
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401(k) 101: A Benefit for Employers and Employees Alike

HR Daily Advisor

Since 401(k) retirement savings plans first appeared in the early 1980s, they have grown rapidly. To allow employees to supplement their future retirement income. To provide a highly mobile work force with a suitable way to save for retirement. Today, they are one of the most popular and widespread employee benefits.

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10 Questions You Should Ask Your Retirement Plan Provider

Insperity

If only finding a retirement plan to offer your employees were as easy as retiring itself. From Simplified Employee Pension plans to 401(k)s to defined benefit plans, retirement plans come in many forms. A provider that caters to large businesses may only offer big business retirement plans. What’s it going to cost?

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The Infantilization of the American Workforce

HR Examiner

Though one of the articles was based on an HBR article from 2005. Let’s engineer your 401K contribution forms so they default to the highest deposit level because behavioral economics tells us you’re not mature enough to choose the appropriate level to fund your retirement. Not zero – but in a google world, darn near it.

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More on Managing Employee Status Changes Under the Affordable Care Act (ACA)

HR Daily Advisor

We have an employee who retired on August 31, 2016. 1H and 2C and then the dollar amount of the insurance premium the retired employee will pay? Jennifer Carsen, JD, is a Senior Legal Editor for BLR’s human resources and employment law publications, focusing on benefits compliance. Before joining CER in 2005, Ms.

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U.S. Supreme Court: ‘Church Plan’ Need Not Be Established by a Church to Qualify for ERISA Exemption

HR Daily Advisor

The Employee Retirement Income Security Act of 1974 (ERISA) generally requires private employers offering pension plans to adhere to a lengthy list of rules designed to ensure plan solvency and protect plan participants. Before joining CER in 2005, Ms. Church plans, however, are exempt from those requirements.

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Good (Nontaxable) Things Come in Small Packages: The De Minimis Fringe Benefit Rule

HR Daily Advisor

Thus, for example, if an employer provides occasional holiday gifts, retirement parties, or occasional tickets to sporting events only to high-paid employees, the value of these benefits can still be excludible from the employees’ gross income as de minimis fringe benefits. Before joining CER in 2005, Ms.

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15 Best HCM Software in 2024 (Based on Four Research Parameters)

Vantage Circle

Benefits Administration : Manages employee benefits, such as health insurance, retirement plans, and other perks. Compliance and Risk Management: Compliance Tracking : Ensures adherence to labor laws and regulations. Audit Trails : Maintains a record of changes to employee data for compliance purposes.