Posts tagged Employee Income Retirement Security Act
Employers Are Sweetening 401(k) Incentives

Access to retirement plans is a key differentiator in the marketplace for top employee talent. If you are counting on your company 401(k) plan to be an asset in helping retain the best talent and to compete against other employers for the services of the workers that are critical to helping your company function, it may be time to take a look at your plan and ensure it's still competitive with those offered by competing employers.

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Why ERISA Compliance Matters

According to the 2015 Workplace Class Action Litigation Report, published by Seyfarth Shaw (a well respected law firm headquartered in Chicago) summarizing nationwide workplace class-action litigation, settlements in claims brought under the Employee Income Retirement Security Act (ERISA) topped more than $1.3 billion.

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Getting Started With a 401(k) Plan

According to the Employee Benefit Research Institute, 93% of employers with more than 500 employees offer a 401(k) plan. Smaller employers need to be able to compete for the best talent by offering similar benefits. Fortunately, it’s easier now more than ever for small businesses to compete for top employees by offering quality 401(k) plans of their own.

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Top 10 Social Security Tax Questions

There were several programs established by the Social Security Act to ensure individuals with disabilities and those who retire have supplemental income. It also established a program for survivors to receive a death benefit. Supplemental income from Social Security keeps more than 40 percent of the elderly population out of poverty. With all of the changes and amendments made since 1935, the tax implications are complicated for individuals and employers. The following are 10 common tax questions related to Social Security.

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