The article discusses how payroll practitioners can keep group-term life insurance (GTL) in compliance with the regulations set by the Internal Revenue Service in the U.S. For employers who create two different but related benefits plans to avail of tax benefits, the author suggests keeping the...
A recent Orion survey of travelers under age 65, highlights a 19% increase of respondents who rely on their employee benefits or credit cards for travel insurance (compared to 2017). However, many are unaware of the hidden exclusions and lifetime limits that can leave them vulnerable during ti...
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Areas of Focus Employee Benefits Publication |January 30, 2024 IRS Issues Guidance on Required Inclusion of Long-Term, Part-Time Employees in 401(k) Plans, Including Application to Governmental Plans New IRS proposed regulations answer questions relating to the rules for inclusion of long-term, par...
the scope of my examination is limited to whole life and term life insurance products, while excluding universal and variable life insurance policies. Consequently, the findings discussed in this paper should be considered as providing a minimum estimate of the potential benefits accessible to life in...
To help realize the potential of each employee we want to support their career and personal growth. To optimize this we have a variety of in-house systems and facilities to support the health, wellbeing and lifestyle of our employees. In 2022 and 2023, Rakuten Group, Inc. was also recogni...
Employee benefit programs reward your employees with a range of different perks. Learn how to improve employee satisfaction.
Disability is broadly defined as the consequence of an impairment that may be physical, cognitive, mental, sensory, emotional, developmental, or some combination of these. A disability may be present from birth, or occur during a person's lifetime. Disability is an umbrella term, covering ...
employer pays the worker's salary if the worker becomes disabled or cannot work. An employer can provide short-term disability or long-term disability insurance, depending on the employee's needs. Short-term covers the employee for up to 6 months, while long-term covers a worker's lifetime...
Regarded as one of the safest investments, aFixed Depositis deemed the favourite investment instrument for investors worldwide due to its many benefits. Also known as a term deposit, a Fixed Deposit is one of the most reliable financial instruments out there. For instance, you get s...