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work together to create individual employee development plans. There’s a possibility that the employee knows what they need better than you do. For example, if you’re a tech startup founder ...
These plans are often provided to highly compensated employees as a benefit. Non-qualified plans aren’t subject to annual contribution limits, and there are far fewer reporting requirements.
Employees who work at least 20 hours per week with an appointment of at least 4.5 months are eligible to enroll in benefits plans. Insurance and Retirement plans are administered out of the UT System ...
Some pensions also allow for benefits to transfer to a spouse or other beneficiary once the employee dies. Cash balance plans: These guarantee employees a set amount of money upon leaving the ...
Employers should consider supplemental unemployment benefit plans as a tax-advantaged alternative to severance pay, two benefit plan experts said May 15.
Two proposals from the American Benefits Council suggest ways to redirect some $100 billion in surplus funds from pension funds without terminating retirement plans.
the benefit is defined, with the employer responsible for funding and bearing the investment and longevity risks. 401(k) plans are primarily funded by employee salary deductions, with many ...
But this is not the case. It's important to give employees the tools they need to learn more about their benefits and choose plans that fit their needs. Furthermore, connecting employees to ...
Choosing the best employee retirement plan as part of your wider staff benefits package can be very time-consuming. Distinguishing between what’s on offer is difficult because of the complexity of ...