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What Is a Health Savings Account?

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We all know we need to prepare for future healthcare costs, but learning how much to save can be difficult. Health savings accounts, or HSAs, are tax-advantaged savings opportunities for people with a high deductible health plan. As of 2022, an individual can contribute up to $3,650, or $7,300 for a family. HSA drawbacks.

Health 275
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The Hidden Costs of Unlimited PTO

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According to the Bureau of Labor Statistics , private industry American workers (making up just shy of 85% of all workers in the U.S.) However, it appears that organizations with unlimited paid time off policies actually see their employees taking less time off than they did before the policies were introduced.

Policies 244
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The significance of women’s health is increasingly acknowledged in the modern workplace

Workplace Insight

Women, on average, outlive men but, as reported by the World Economic Forum ( WEF , 2024), spend approximately 25 percent of their lives in poor health. According to the WEF, addressing the disparities in women’s health could dramatically reduce this statistic, enhancing the lives of billions globally.

Health 97
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The Future Of Work Is Remote: Location Independence Now A Decisive Factor for Top Talent

Allwork

A substantial number of working professionals also said they are “willing to give up other benefits to gain location independence.” As the workforce continues to prioritize personal freedom and adaptability, employers may need to reconsider their policies to attract and retain top talent in this new era of work.

Lifestyle 264
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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. The IRS allows people in their 50s to contribute larger amounts than other age groups to catch up to their retirement savings goals.

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Economic Uncertainty is Driving Baby Boomers Back to the Workforce

Allwork

sped-up their retirement plans due to layoffs, health concerns, and changing work attitudes — contributing to what was termed the “Great Retirement.” It’s reported by Fortune that the rising cost of living and longer life expectancies will translate to a high number of baby boomers delaying their retirement.

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Can I Use Life Insurance as a Retirement Plan?

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Before you buy a policy to use as a LIRP, it’s essential to understand the benefits and drawbacks, when it makes sense to use one and how to include life insurance in your retirement planning. With permanent life insurance, the policy contract remains in effect until you die or stop making the premium payments. How does it work?