As you know, healthcare and benefits can be complicated, which can make the enrollment process confusing. As part of that enrollment process, employers often offer fringe benefits like 401(k) plans. These retirement savings accounts are a cornerstone of employee benefits, providing an opportunity to plan for the future while reducing taxable income today.
So, what is a 401(k)? Here’s what you need to know, including how contributions, employer matching, and tax implications work.
Tag: Benefits & Healthcare
HR’s Guide to Filing and Distributing 1095-Cs | BerniePortal
With the deadline for filing and distributing 1095-C forms approaching, staying organized and compliant is essential for both employers and employees. This guide combines key information and frequently asked questions to ensure you’re prepared for the upcoming tax season.
PTO FAQ: Employer Tips and Best Practices for Time Off | BerniePortal
A strong paid time off (PTO) policy helps retain current talent and attract prospective candidates. Not to mention that employers also provide PTO as a way to combat employee burnout, increase productivity, and boost morale. From what it is to how it works, read on to learn the basics of PTO.