This tax break could save thousands of dollars a year if you own a home
These property tax deferral programs are available to older homeowners who want to postpone real estate taxes provided they remain living in their home.
Retirement benefits
EBN’s 2018 Benefits Professional of the Year is …
Employee Benefit News has named the winners of its four Benny Awards, which recognize individuals for excellence in the employee benefits/human resources field.
Employers have big concerns over retirement. Here’s why.
Plan sponsors are worried their employees will outlive their post-work savings and not be able to pay for healthcare expenses, TIAA research finds.
How to plan (or not) for Social Security in retirement
Most people, particularly younger clients, worry that they will not be able to get their Social Security benefits by the time they retire.
Employers have big concerns over retirement. Here’s why.
Plan sponsors are worried their employees will outlive their post-work savings and not be able to pay for healthcare expenses, TIAA research finds.
The best way to save for retirement may be to not think about it
Plan design features like automatic enrollment and automatic increases are having a positive impact. Such steps are designed to increase participation even from people who may be suffering from inertia, says a researcher.
Benefits Think How retirement plan advisers can leverage technology to improve participant outcomes
As we become a more tech-enabled society, it’s important to recognize how that translates to the retirement plan landscape, consultant says.
Mitch Cook
Unified Trust Company
HR’s summer reading list: 14 must-read books
Looking for a way to close out your summer days beachside with some smart reading? EBA has you covered with a list of top books recommended by industry insiders.
Millennials could be hit hard by delaying Social Security fix
Millennials and other younger clients would see their Social Security benefits decrease 21% once the program runs out of funds by 2034.
Will single boomers move to senior housing?
Many single baby boomers opt to stay put in retirement because they have no children who would advise them to move to an assisted living or continuous care community.
11 benefits that tempt workers to leave
Employees say they are likely to move to a new employer for perks such as flexible schedules, bonuses and paid leave.
Women in same-sex marriages are seen needing more for retirement
Same-sex female couples are two to three times more likely to reach 100 than one or both members of a 45-year-old same-sex male couple.
IRS clears way for student loan benefit tied to 401(k)
A private letter ruling allowed an unnamed employer’s plan to tie retirement contributions to student loan repayment contributions.
Benefits Think The future of work is here. Is HR ready?
Human resources leaders are in a powerful position to help meet the needs of a changing workforce.
Tom Hammond
Paychex
New retirees: Don’t overlook this tax-planning sweet spot
Seniors are likely to be in a lower tax bracket in the few years after retirement, creating a "sweet spot" for them to convert some of their traditional 401(k) or traditional IRA assets into a Roth account.
Number of 401(k), IRA millionaires surge
Retirement balances are on the rise, while auto-enrollment is playing a major role in increasing employees’ retirement savings, Fidelity says.
IRS clears way for student loan benefit tied to 401(k)
A private letter ruling allowed an unnamed employer’s plan to tie retirement contributions to student loan repayment contributions.
Benefits Think The next big advancement for the 401(k)
The next step in the ongoing modernization of the retirement vehicle involves adopting plan features which encourage seamless savings portability and consolidation.
Spencer Williams
Portability Services Network and Retirement Clearinghouse
What to do with your 401(k) plan? Consider moving it to an IRA
From a tax perspective, cashing out an old 401(k) plan can be a wrong move, as this option will trigger income taxes plus penalty
Number of 401(k), IRA millionaires surge
Retirement balances are on the rise, while auto-enrollment is playing a major role in increasing employees’ retirement savings, Fidelity says.
