Helping Your Team with Financial Literacy (Without Overstepping Your Bounds)
employers can help employees with financial literacy
What Every Employee Should Know About Their Tax Refund
tax tips for employees during tax refund season
In a crisis? How disability benefits can support you
More than 155 million U.S. workers are insured for a disability through the Social Security Disability Insurance (SSDI) program. They receive this insurance coverage through their payroll taxes, or FICA taxes, as a part of the Social Security program. When those who experience a chronic health condition, injury or sudden medical crisis need support –…
Attention employers: The top 5 regulatory changes to know in 2019
With a week into the New Year, Paychex, a provider of management solutions for payroll, benefits, human resources and more, announced the top regulatory issues of 2019 that employers should be aware of. The list includes the most current and impactful laws and regulations that could affect employers as 2019 continues. “This new year brings…
Americans agree: Financial planning isn’t fun but it is necessary
A new study conducted by Northwestern Mutual recently found that a vast majority of adults in the U.S. described financial planning as “not my favorite thing in the world, but [I] know it needs to get done like a medical checkup.” The survey, called the 2018 Planning & Progress Study, is an annual research project…
Paid and Unpaid Leave: What You Need to Know (And How You Can Be Protected Without It)
Benefit packages can be confusing to understand, and – it’s sad but true – many times are forgotten the minute the onboarding paperwork is signed. Unfortunately that leaves many employees not fully understanding their benefits package, and one area of frequent confusion is what their “paid” and “unpaid” leave options are. Not being clear on…
Time to Invest in You: Ways to Make Your Retirement a Reality
By Rachel Barrow, AVP Marketing, Individual Markets, Guardian Life Insurance Co. of America® Dreaming about retirement may bring to mind relaxation, travel, and leisure time. Many people find, though, that planning for it can be stressful – but it doesn’t have to be that way. If open enrollment time has you thinking about how you’ll fund your retirement,…
“I’ll take a 50% cut in pay, and I’m cool with downsizing my retirement” – Said No Employee, Ever
By Tom Charla, Director and Tara Reynolds, Corporate Vice President, MassMutual Most employees have figured out that the safety nets previous generations enjoyed — job security, pensions, even Social Security – can’t be relied on the way they have been in the past. They know that when it comes to reaching their financial goals, especially…
SSDI lacks rehabilitation resources
By Ted Norwood, General Counsel & Director of Representation, Integrated Benefits Inc. SSDI has poor resources for vocational rehabilitation or job placement, and no resources at all for claimants during the wait for a decision. This makes it harder for people to recover and get back to work. Because of the long wait, many claimants…
Why relying on SSDI is better than nothing, but far from optimal
By Ted Norwood, General Counsel and Director of Representation, Integrated Benefits, Inc. According to the Council for Disability Awareness, half of those who don’t work for the government have some form of employer-paid disability insurance (short-term disability only, long-term disability only, or both STD and LTD). These benefits are important because 25 percent of today’s 20-year-olds…