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The 7 Biggest Financial Mistakes to Avoid in Your 50s

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People in their 50s are facing financial headwinds that include higher costs of living, rising debt, the disappearance of pension funds and an increased reliance on Social Security. Withdrawing early from other types of retirement funds, such as Roth IRAs, may also have financial costs.

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How long do employers keep employee records?

BMT Office Administration

Stick around to learn which documents you need to keep and which you can get rid of without experiencing any consequences. Medical files. All employee documentation related to benefits should go in your medical files. Once the retention dates pass, you must shred the documents to ensure employee privacy.

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Do I Need to Buy Life Insurance?

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In addition to the length and amount of the policy affecting the cost, finalizing a life insurance quote may require a medical exam before the policy can be underwritten and implemented. Want to cover your funeral or burial expenses so your heirs don’t have to use your estate to cover the costs.

Policies 239
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AI Probably Won’t Take Your Job In 2024

Allwork

While scaling the number of robo assistants that an organization has doesn’t necessarily cost anything, experts believe that it does raise issues that organizations must address — such as ethics and guardrails. According to an analysis published by Goldman Sachs , “Using data on occupational tasks in both the U.S.

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Employee Files: What to include, what to leave out, and what’s confidential

BMT Office Administration

While it’s clear that you need to keep a separate file for each employee, which documents should you include in it? After all, there are some documents that you’ll need to keep confidential , and there are some that you don’t even need to include in your personnel files.

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Employee Records: End of year review & preparing for next year

BMT Office Administration

The Americans with Disabilities Act (ADA), Fair Labor Standards Act (FLSA), and Family Medical Leave Act (FMLA) have also had significant impacts on employee recordkeeping and personnel files — further complicating the issue. Hiring documents. What is employee recordkeeping and why does it matter? Compensation. Post-employment records.

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Aura Meditation App Review: Thousands of Guided Meditations at Your Fingertips

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subscription cost? Major studies have documented the positive impact of meditation on overall well-being and even general health. In fact, the Association of Accredited Naturopathic Medical Colleges recently published an overview titled “ Meditation and Mental Wellness.” But is Aura worth the $59.99 Let’s dig in.

Health 340