A few months ago, my company has been looking to cut cost in order to balance their budget. I guessed, I can say that to most companies during the economic downturn. The company does not have any plans of laying off people and we are also in a hiring freeze except for the critically needed staff. However, what they did was the company stopped the matching contribution to my … [Read more...] about My Employer Has Restored the 401k Matching Contribution
The economy seems better than it was two years ago. The Dow Jones has hit the 12,000 points mark and unemployment rate seem to be going down as the months passes by. On a recent statistics by BLS, the unemployment has dropped to 9% in January. However, there are still a Â lot of companies that are struggling to make it. Some have already filed bankruptcy and shut down their … [Read more...] about Has Your Employer Made Any Cuts Lately? Mine Did!
Taxes are really very confusing. There are some deductions that people think they can claim but in reality, they can't.Â I'm sure that you've been hearing different stories from your friends or co-workers regarding the deductibility of some deductions. It works the same way with reportable income: Determining which income is taxable or not can really be very confusing for a … [Read more...] about 7 Income People Think Are Taxable But Actually Are Not
Itâ€™s that time of the year again for our employee benefits annual enrollment, which is on October 1 thru October 30, 2010, and I just received a newsletter which includes the preview of the upcoming changes. The annual enrollment from my work allows me to make changes on the following benefits: Health Insurance Dental Insurance Accidental Death and Dismemberment … [Read more...] about How The Health Reform Act Affected My Employee Benefits