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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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Why It’s Time to Retire the Term “Hybrid Work”

Allwork

An awareness of where and when work is done forms the basis of a flexibility strategy with appropriate space, technology and policies in place. . The word “hybrid” gets used a lot relative to workplace strategy, but it may be time to retire the term. . Next, they would look at how they divvy up responsibility,” Anderson continued.

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What Is An ESOP? Here’s What You Need to Know

Success

You may be familiar with the standard retirement plans many companies offer, like traditional 401(k)s. You might not be as familiar with a retirement benefit plan commonly called an ESOP, meaning an “employee stock ownership plan.” An ESOP retirement plan is customized based on the company. What are the rules of ESOPs?

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5 Tips to Make Filing Taxes Easier for Freelancers in 2023

Success

As a freelancer, it’s essential to ensure you know what to expect, so you don’t accidentally wind up with a huge tax bill. So, keeping up with all of the new rules about standard deductions, tax credits and other requirements can make anyone’s head spin, especially if it affects how much you have to pay. Every dollar counts.

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The Anthropology Of Change Management: Four Keys To Success

Allwork

Radically altering the daily routines of workers represents a major form of loss. The pandemic marked a form of separation that has been wildly disorienting for many workers, and especially for managers. Routines and Rituals Everyday work is made up of countless routines, punctuated by rituals of various types.

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The FIRE Movement (Financial Independence, Retire Early) and Independent Work

Small Business Labs

The New York Times article  How to Retire in Your 30s With $1 Million in the Bank nicely covers the " growing movement of young professionals who are intently focused on quitting their jobs forever." " It's called the FIRE movement and the acronym stands for Financial Independence, Retire Early.

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Using a Financial Planning Checklist Can Help You Meet Your Goals

Success

Although there are multiple ways to ‘tidy up’ your money , a list that you return to monthly or quarterly allows you to keep track of specific areas each time, giving you better data. Using a financial planning checklist can make it easier to monitor your money and do some financial housekeeping. the money you take home after taxes).

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