The benefits employers offer may change over time, but more than 80% of workers said they spent less than an hour considering their options last year, an Aflac survey found. Here's a look at how employees should evaluate their choices with regard to health insurance, retirement savings and life insurance.
On Thursday, the Internal Revenue Service released the inflation-adjusted amounts that apply to pension and 401(k) plans for 2018. While some limits remained the same as 2017, many were raised to reflect cost-of-living increases.
The Internal Revenue Service issued the annual revenue procedure that updates the almost 60 tax provisions that must be adjusted for inflation each year, including the tax tables and the estate tax exemption.
"The best and brightest professionals embrace evolution and leverage new strategies and tactics to enhance their effectiveness," writes IIA President and CEO Richard Chambers. "The same is (or should be) true of internal audit professionals." In his latest blog, Chambers presents seven obsolete characteristics and practices of the "Jurassic auditor."
Many Americans do not plan to relocate when they retire, with 43% of survey respondents ages 45 to 65 saying they plan to stay in their residence. However, 33% of preretirees plan to move, perhaps encouraged by a recovery in housing values.
As states find their collections of sales and use taxes falling, they have tried various methods to extend their reach legally, including click-through nexus, affiliate nexus and requiring out-of-state retailers with sales above certain thresholds to report sales to in-state customers.
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