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SEP IRA: What You Need to Know About This Retirement Plan Option

Success

Finding the right retirement plan for your business can take time and effort. One retirement plan option available to business owners and self-employed individuals is the SEP IRA, or the Simplified Employee Pension plan. It allows you to save for retirement based on your earned income. What is a SEP retirement plan?

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Defining The Future Of Work: Key Terms To Know For 2023

Allwork

Now more than ever, professionals at all levels need to stay informed for their own wellbeing and career advancements. . The process of designing your optimum lifestyle and, rather than waiting for retirement to enjoy a more flexible or luxury lifestyle, to do it in the present. Lifestyle Design .

2023 339
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Using a Financial Planning Checklist Can Help You Meet Your Goals

Success

Although it might sound tedious, dedicating a little time to checking in on your bank statements, confirming you’re saving enough for retirement and reviewing the financial goals from the beginning of the year can help ensure you are on the right track. It also gives you time to make corrections if needed.

Goals 297
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A Deep Dive Into the Positive and Negative Impacts of Gossip

Success

Don’t tell anyone, but… I really shouldn’t say anything, but did you know… This stays between us… Miss Manners might clutch her pearls at the idea of this decorum-shattering habit, but gossip isn’t always in poor form. Is 2023 the year you’ve vowed to elevate your workplace etiquette?

Gossip 233
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Ensuring payroll compliance in 2024: What’s new?

BMT Office Administration

That’s especially true whenever new changes come about, and 2023 was a year rife with new payroll regulations, trends, and initiatives. It provides provisions aimed at improving employee retirement outcomes and makes starting 401(k) plans more attractive and beneficial for employers – even those with 50 or fewer employees.

Payroll 52
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SUCCESS’ 2024 Women of Influence

Success

She is a 2023 CNN Hero, a 2022 Soros Justice Fellow and a 2019 JustLeadershipUSA Leading with Conviction Fellow Alumna. She recently won the 2023 Waterfront Award for Science and Technology and was recognized as one of White Page International’s Top 100 Asian Women Power Leaders.

2024 242
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1099 vs W-2: The difference between employees and contractors

BMT Office Administration

While individuals have until April 18, 2023, to file their personal income taxes, businesses have to start thinking about tax requirements a bit sooner. Forms such as IRS Form W-2 and IRS Form 1099 need to be sent out by the end of January. A 1099 is a form used to report non- employee compensation. What is a W-2?

Payroll 52