Today’s employees, especially those who are early into careers, are looking for employers to help support them beyond saving for retirement and the basics.
Many companies have started funding wellness programs that enable staff members to keep fit, control their stress, and enhance financial security. Still, the execution of such initiatives calls for careful consideration of crucial legal aspects.
The Biden administration’s agenda, which sought to provide Medicaid-funded emergency services to undocumented immigrants, has cost federal and state taxpayers more than $16.2 billion, according to Congressional Budget Office estimates.
If your employees missed the December 31 FSA deadline, make sure they don’t miss out on this last opportunity to use their tax-free funds to improve their health and make their money go farther.
Employers who don’t offer retirement planning advice should encourage their older employees, particularly those 60-63, to consult with accountants or tax preparers to benefit from the “super” catch-up contributions, recommends Firstrade.