How does an immediate annuity work?In return for your lump sum, the insurance company promises to make regular payments to you (or to a payee you specify) for the chosen length of time – most commonly for the remainder of your life, however long that may be....
If a will leaves less to a spouse than state law requires, that part of the document may be overridden, and the spouse awarded the mandated amount. Even if you have what's known as arevocable living trustinto which you can put the bulk of your assets, you still need what's known as...
Learn what to know about the Fair Labor Standards Act (FLSA). Discover how it impacts your business and what can happen if you don't comply.
It requires that all annual financial reports include an Internal Control Report stating that management is responsible for an "adequate" internal control structure and an assessment by management of the effectiveness of the control structure. Any shortcomings must also be reported. In addition, a ...
What does that all mean, concretely, for my work? I imagine that question will consume me for a while! Right now, I am driven to use improvement research methods to prioritize outcomes that serve to improve students’ comfort, agency, and dignity in schools. For example, in a previous pro...
The various data privacy laws worldwide broadly require one oftwo types of consent: opt-in or opt-out. But what does that mean for your cookie banner? Depending on the specific regulation, businesses may need to implement an opt-in/opt-out banner or cookie policy to ensure compliance. ...
Payroll deductions are wages taken out of employees’ paychecks to pay for costs like payroll and income taxes, employee benefits, and more. They determine an employee’snet pay, also known as their take-home pay. Payroll deductions can also be voluntary or mandated: ...
This type of insurance also covers operating expenses, moving to a temporary location , payroll, taxes, and loan payments. Standard business interruption insurance does not reimburse policy holders if the business is closed due to a pandemic. Even some all-risk insurance plans have specific exclusio...
Some employees face significant time constraints, making it challenging to participate in mandated microlearning courses despite accessibility. In such cases, scarcity may also hinder their ability to address job-related tasks, impacting overall productivity independently. ...
What is time and a half and how does it work? Time and a half pay refers to the overtime pay that non-exempt employees are entitled to when they work for more than 40 hours a week, as mandated by the Fair Labor Standards Act (FLSA). It’s called time and a half pay because it...