Maximize Your 401k Contributions in 2024: A Guide with Calculator
New updates to the 2023 and 2024 401k contribution limits. Use a free paycheck calculator to gain insights to your 401k and financial future.
You've heard the terms Flexible Spending Accounts (FSAs) and Health Savings Accounts (HSAs). Both are two options employers use their employees' tax-free dollars to manage healthcare costs. What do each offer?
Open enrollment is here, and there's a high chance you can't escape the chatter of benefits - whether it be from coworkers or your employer. You might be considering making changes to maximize your healthcare benefits; you may not. However, you've likely heard the terms Flexible Spending Accounts (FSAs) and Health Savings Accounts (HSAs). Both are options employers have to use their employees' tax-free dollars to manage healthcare costs.
FSAs and HSAs help employees and employers save on taxes, and are easy implementable and cost-efficient. Neither require changes to how an employee currently utilizes his or her benefits. And while an employee can't enroll in the two simultaneously, an employer has the choice to offer both. So what's the main difference and which should you pick given the option? Here's a breakdown:
New updates to the 2023 and 2024 401k contribution limits. Use a free paycheck calculator to gain insights to your 401k and financial future.
Unlock the secrets of your 2023 bonus taxes with our guide, and use our Bonus Pay Percent Calculator for an instant breakdown of your take-home pay.
It’s the 2023 holiday season, and for fortunate employees, that means an end-of-year bonus! Yet many employees are disappointed when their bonus lands in their bank – usually a lower amount than anticipated. Here's a quick guide to help workers understand how bonuses are taxed.