HR Digest

NOVEMBER 1, 2024

Most employees work with multiple employers over the course of their career but even moderate instances of job hopping can have a lasting impact on their retirement fund. percentage point decline in their retirement savings rate when they make the switch. According to Vanguard , U.S. But why do they believe this to be true?

Retirement 97

Retirement Trends Talent Experience Planning Tools 97

HRWatchdog

NOVEMBER 6, 2024

Get ready for 2025 — the Internal Revenue Service recently released the 2025 annual inflation adjustments for flexible spending arrangements (FSAs) and retirement plan contribution limits. Retirement Plan Contributions In 2025, individuals can annually contribute up to $23,500 to their 401(k) plans, up from $23,000 in 2024.

Retirement 77

Retirement Payroll Report Productivity 77

Extensis

OCTOBER 2, 2024

Quick look: It’s National Retirement Security Month, making it the perfect time for brokers to equip clients with the tools and resources needed to help their employees plan for a secure financial future. Retirement is a hot topic for all staff. workers is reaching retirement age. workers is reaching retirement age.

Retirement 89

Retirement HR Planning Planning Tools Recruiting Software 89

The Muse

JUNE 28, 2024

Dreaming about early retirement? Get insights and tips on how to retire early and retire well before social security kicks in.

Retirement 111

Retirement How To Wellness 111

UrbanBound HR

AUGUST 31, 2023

Chances are, you’re already seeing a steady exodus of retirement-bound workers. After all, 10,000 Baby Boomers turn 65 every day—and after decades in the workplace, they’ve certainly earned it. But if you’re not careful, much of your company’s institutional knowledge may walk out the door with them.

Retirement 210

Retirement Succession Planning Company Onboarding 210

HR Lineup

SEPTEMBER 24, 2024

Hire-to-Retire (HTR) refers to the comprehensive employee lifecycle management process that spans from the moment an individual is recruited until they retire or exit the organization. The Stages of the Hire-to-Retire (HTR) Process HTR involves several stages that align with an employee’s career trajectory.

Hiring Software 80

Hiring Software AI Recruiting Onboarding Software Recruiting Software 80

The Muse

OCTOBER 17, 2024

Learn how to retire with ease. Our guide covers everything from planning and timing to gracefully exiting your job for a fulfilling new chapter.

Retirement 98

Retirement Compliance Training How To 98

HRExecutive

JANUARY 12, 2024

Retirement benefits, along with medical benefits , are rated as important considerations when candidates are evaluating a new job offer. Only 27% of employees surveyed said they definitely feel confident that they’ll save enough to cover their expenses in retirement. Advertisement - The second approach is direct listening.

Retirement 113

Retirement Planning Tools HR Software Survey 113

HR C-Suite

JULY 22, 2024

We are now about halfway through the Great Retirement Bubble for the HR profession. Just as Baby Boomers were flooding the HR profession in the 1960s and 1970s, we are now flooding the retirement phase of our lives. And, in about 15 years, the Gen Xers will be right behind us. But most of us […]

Retirement 98

Retirement 98

The Muse

SEPTEMBER 19, 2024

Learn how to write a retirement letter effectively, with a step-by-step guide, tips, examples, and a template.

Retirement 106

Retirement How To Examples Compliance Training 106

WEX Inc.

MAY 29, 2024

By optimizing employee benefits and creating a supportive environment, employers can enhance the employee experience at every stage of their journey, from onboarding to retirement. Supporting employees through retirement planning and phased retirement options helps them feel valued even as they leave the organization.

Retirement 98

Retirement Retention and Turnover Employer Branding Onboarding 98

Hppy

FEBRUARY 4, 2022

Retirement is something that everyone who works needs to think about – and it can be a really big deal. As a company, you always want to do what’s best for your staff, and this continues to be true as they move towards retirement. The transition to retirement can certainly be a challenging period for some.

Retirement 166

Retirement How To Talent Experience Meeting 166

Best Money Moves

JANUARY 31, 2023

3 ways to improve your employee retirement benefits. Retirement benefits are a vital tool for your workforce. Here are three key ways to support your team with better retirement options. Here are 3 ways to help all employees get prepared for life during retirement. Invest in 1:1 financial consulting.

Retirement 119

Retirement Planning Tools AI Recruiting Coaching 119

StarGarden

AUGUST 13, 2024

Discover how a well-structured retirement plan can enhance your benefits package and keep your top talent engaged and satisfied. Learn the key strategies for crafting compelling retirement plans that appeal to your employees and boost your organization's competitive edge. Summary: Looking to improve employee retention?

Retirement 59

Retirement Strategy Compliance Training Wellness 59

Extensis

DECEMBER 28, 2023

Though 401(k)s are still a large piece of the retirement planning puzzle, raising awareness about voluntary benefits has become just as essential to boost savings confidence and employee satisfaction. Employees are evaluating how they’ll be able to afford to maintain their health and well-being into their retirement years.

Retirement 102

Retirement Planning Tools HR Software Compensation 102

Guideline

MAY 2, 2024

💡 Key takeaways: Many states are rolling out retirement savings programs to help people plan for their financial future. At least 19 states have active state retirement programs. Currently, no federal law requires businesses to offer retirement plans, but it's being discussed on Capitol Hill.

Retirement 104

Retirement Planning Tools Guidelines Onboarding Software 104

WEX Inc.

JUNE 13, 2023

Nearly half of all working-age baby boomers do not own a retirement account, despite that age group being near retirement. And baby boomers are actually the highest percentage of retirement-account holders among any group segmented in a 2021 survey by the U.S. Independence to make your own decisions in your retirement.

Retirement 98

Retirement Planning Tools Compliance Training Groups 98

WEX Inc.

JUNE 13, 2024

How is your HSA vs. your 401(k) vs. your IRA shaping up for retirement planning? Retirement planning is a lot easier when you imagine what you want it to be like. Will you retire in Florida, or at a cabin in the woods? To help you prepare, here is a breakdown of three common retirement accounts: an HSA vs. a 401(k) vs. an IRA.

Retirement 96

Retirement Comparison Compensation Payroll 96

The Muse

JULY 31, 2024

Understanding the difference between Rollover IRAs and Roth IRAs is crucial for your retirement planning. Here’s what you need to know about these account types.

Retirement 105

Retirement 105

The Muse

JULY 29, 2024

Looking for financial security in retirement? Learn how pensions work and explore some of the best jobs with pensions in the U.S.

Retirement 111

Retirement Compliance Training 111

HRExecutive

SEPTEMBER 22, 2023

And, apart from better retirement preparedness, employers continue to have a lot to gain by supporting employees’ financial wellness. The need for employers to help employees with emergency savings became particularly critical during the pandemic, Angela Trefethen, senior director of retirement plan services at The Standard, tells HRE.

Retirement 116

Retirement HR Software Planning Tools Wellness 116

Wellable

JANUARY 31, 2024

With less than half of workers confident in their retirement savings, employers must rethink financial well-being within their workforce. The post Rethinking Retirement: Addressing The Gap Between Employee Needs & Employer Actions appeared first on Wellable.

Retirement 105

Retirement Wellness 105

HRWatchdog

NOVEMBER 17, 2023

In addition to all the new 2024 employment laws , employers should be aware that the Internal Revenue Service (IRS) has released the 2024 annual inflation adjustments for certain health and retirement benefits. The post 2024 HSA, FSA, Retirement Plan Contribution Limits Announced appeared first on HRWatchdog by Katie Culliton.

Retirement 98

Retirement Employment Law Payroll Productivity 98

Best Money Moves

SEPTEMBER 7, 2022

households are behind on retirement savings. Here’s how companies can help their employees prepare for retirement. . As a large number of Americans approach retirement age, many worry about rising costs. About 8 in 10 pre-retirees cannot afford to retire. pre-retiree households are financially unprepared for retirement.

Retirement 115

Retirement Hiring Software Planning Tools Survey 115

Hppy

SEPTEMBER 21, 2023

But you can think outside the box and use retirement planning to make people stick. Here are a few ways attractive retirement benefits can help your company’s retention rates: Image by kstudio on Freepik Provide Financial Security Statistics show that Americans over 65 spent $52,141 on average in 2021.

Retirement 91

Retirement Retention and Turnover Trinet Hiring Software 91

Extensis

OCTOBER 4, 2022

Quick look: It’s October, meaning it’s both “spooky season” and National Retirement Security Month. October is National Retirement Security Month, a time that is officially dedicated to “acknowledging the need to raise public awareness of a variety of tax-preferred retirement vehicles.” The state of retirement today.

Retirement 98

Retirement HR Planning Survey Compliance Training 98

HR Digest

SEPTEMBER 2, 2024

Despite the fascinating situation of a truly diverse, multigenerational workforce, there are unprecedented issues that have risen, including the occupations of top positions by the oldest generation of workers who would have traditionally retired in the past. many generations have a vastly different understanding of “work.”

Retirement 52

Retirement Ascender Planning Tools HR Software 52

WEX Inc.

JULY 24, 2023

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. Why HSAs for retirement planning? The missing retirement solution?

Retirement 98

Retirement Planning Tools Survey Payroll 98

HRExecutive

MAY 5, 2023

Found money—often, the retirement plan,” he says. “So, Plan designers relied on the after-tax account option already in the retirement plan—previously positioned as a catchup tool, particularly for older workers—which it transformed into an emergency savings fund. Emergency savings is like a gateway drug,” Maynard says. “If

Retirement 98

Retirement Planning Tools Onboarding Software HR Software 98

Guideline

AUGUST 31, 2023

Whether you're an employee planning for your future or an employer supporting your team's road to retirement, we've got you covered. In this post, we'll tackle some of the most commonly asked questions about retirement. 🔎 For employees saving for retirement:   How much should I contribute to my 401(k)?

Retirement 98

Retirement Bonuses and Incentives Guidelines Planning Tools 98

Terryberry

AUGUST 26, 2024

Retirement: it's the ultimate milestone for every employee. As your colleague steps into this exciting new chapter, there's no better way to celebrate than with a funny retirement gift. Why Choose Funny Retirement Gifts? Transitioning from a structured work life to the freedom of retirement can be both exciting and daunting.

Retirement 52

Retirement Planning Tools Tools Productivity 52