Tag: retirement

Infographic: States Leading Employment-Related Regulations Charge

Due to legislative action (or lack thereof) on a federal level, states and local jurisdictions are continuing to advance employment-related laws and regulations intended to protect workers, from offering benefits like healthcare, retirement, and paid leave to policies regarding drug use and sexual harassment prevention.

retirement

Effectively Communicating Your Retirement Plan Message to Employees

Communicating with employees is one of the most important aspects of any workplace retirement plan. A plan may be carefully designed to help participants achieve their retirement objectives, but if the plan sponsor does not effectively communicate the key information, the participants may not have the understanding they need to succeed in reaching their goals.

An Employee Perspective on Workplace Trends

New research from Paychex sought to learn what employees, not employers, have to say about what shapes an organization. The research offers a useful perspective for any HR professional that wonders what the employees are thinking about benefits, retirement, pay equity, ghosting, and more.

IRS Ruling Permits Rollover from Deceased Participant’s Account to Non-Designated Beneficiary

Plan sponsors regularly handle situations that arise from a deceased participant’s failure to designate a beneficiary for his or her employer-sponsored retirement account. A private letter ruling (PLR) from the Internal Revenue Service (IRS) earlier this year could provide some insight into the agency’s thinking about allowing surviving spouses to roll over a deceased participant’s […]

Getting More Employees to Sign Up for Your 401(k)

If you offer a 401(k) for employees, you may have noticed that not nearly all employees who qualify for it have signed up for it. This can be perplexing for employers. After all, this is a benefit to help employees, and it typically reduces their tax burden while helping them save. Yet many employees don’t […]

Help Employees Find the Best Strategy for Their HSAs

Financial wellness is becoming an increasingly important component of employee benefits packages and a common topic of conversation for human resources professionals nationwide. And with good reason! Nearly three-quarters (72%) of Americans report being stressed about finances and that anxiety can negatively affect their overall health. As a result, employers are expanding financial wellness programs […]