Key Takeaways Many employers offer their employees the option to choose the types of investments in their retirement accounts.1If you prefer a risk-averse approach to investment, you can choose some safer options for your 401(k). Lower-risk investment types can help maintain the value of your...
A small amount of it is people appropriately reacting to bad 401(k)s, the latest way foremployers to get suedfor dodging their fiduciary duty to employees. However,a bad 401(k)is usually still worth using since you'll probably only be stuck with it for a few years and since the tax ...
Well-crafted job descriptions help mitigate employees and employersagainstlegal risk through ensuring that both EE and ER are aligned as to the expectations of the job, from usual tasks, duties, and responsibilities, as well as metrics for regularization. Suppose an employee is deemed to have been...
I got laid off and eventually landed a customer service job with a 401k provider. The starting pay was about $32k a year. Being a 401k provider they had a generous 401k match and allowed overtime. I used to work an average of 75 hours per week for most of the year. Working nights,...
The elderly and disabled can receive a tax credit that could reduce and even potentially eliminate the tax they owe for the entire year. Here's how to figure out if you qualify.
You may wonder why so much money comes out of your pay, where it goes, and what can be done to change the deducted amount. The good news is that you usually have some control over your deductions.