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Using a Financial Planning Checklist Can Help You Meet Your Goals

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If you like having hard copies of information in front of you, print out statements from the last quarter, and use highlighters or other color-coding to sort your expenses into different groups. Subtract your net income from your net expenses. See how your spending breaks down and determine where (or if) you need to adjust your budget.

Goals 297
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SEP IRA: What You Need to Know About This Retirement Plan Option

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Because SEP IRAs require employers to make all the contributions, this form of individual retirement account is generally best for the self-employed or small business owners with only a few employees. Unlike other retirement plan options, there are no filing requirements or expensive fees to maintain a SEP IRA.

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Some Companies Are Asking Employees to Pay for Training to Increase Buy-in. But Does It Work?

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These firms’ weapon of choice is ‘shadow’ student debt, or nontraditional forms of credit used to finance higher education and job training,” according to the report, leading to what they call “massive financial consequences if they exercise their right to find work elsewhere.”

Training 238
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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. In it, she breaks down all the new payroll compliance changes affecting payroll administration in 2024, including post-pandemic trends that don’t appear to be going anywhere anytime soon.

Payroll 52
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What Are I Bonds and Should I Buy Them?

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As of May 1, 2023, the combined rate is 4.30%. It will remain that until November 1, 2023, when the Treasury Department will adjust the rate based on the economy and inflation reports. Paper bonds must be purchased with your Federal tax return using a particular form. I bonds earn interest monthly. They’re low risk.

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Move Aside, Great Resignation—The ‘Big Stay’ Is Here, and Employees Are Staying Put

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The Big Quit of 2022 could be easing into the Big Stay of 2023,” she wrote. There are employees who aren’t looking for career challenges—they just need stability and are happy to keep the wheels turning day after day. Our team members are working so closely together daily, that cross-country friendships have formed.”

Salary 188
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Business finance: The ultimate guide for non-finance people

BMT Office Administration

In fact, ROBS is currently the most popular form of business financing in 2023. The beginner’s business finance glossary “Our P&L report shows that our revenue is now greatly exceeding our expenses, and we’re showing a considerable profit.” “In Here’s a look at the most important terms related to business finance.

Finance 105