Remove 2022 Remove Equipment Remove Retirement
article thumbnail

Offering Financial Literacy Benefit Programs Could Save Businesses $40 Billion

Allwork

Employers offering a range of financial support options — such as retirement planning workshops, debt management counseling, and savings incentive programs — can lead to a more stable, productive, and health-conscious workforce. businesses approximately $40 billion in lost productivity in 2022 alone. Here are some options: 1.Retirement

article thumbnail

5 Tips to Make Filing Taxes Easier for Freelancers in 2023

Success

For 2022, freelancers will pay 15.3% Save for retirement When trying to get a business off the ground or earn enough to cover your monthly bills, saving for retirement might seem like a luxury you can’t afford. in FICA taxes , which contribute to Social Security and Medicare. Every dollar counts. Every dollar counts.

Filing 234
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Tori Dunlap, Founder of Her First 100K is on a Mission to Close the Gender Pay Gap

Success

By understanding the ins and outs of our own finances, we can better equip ourselves with the tools and strategies needed to reach our money goals. Debt is a normal part of most people’s personal finances—according to the Consumer Credit report released by the Federal Reserve, in February 2022 Americans had $4,481 in debt on average.

article thumbnail

The U.S. Needs More Tradespeople and Women Are Answering the Call

Success

For every five plumbers or electricians that retire, only one young person comes into the trades behind them,” says Erin Izen, head of philanthropy and community investments at The Home Depot Foundation. Between 2014 and 2022, the number of female apprentices more than doubled, and in 2022, 13.8% population at the time.

2021 246
article thumbnail

Climate Protection Could Soon Be Part of Your Employee Benefits Package

Success

From 2018 to 2022, 89 extreme weather events caused more than $1 billion in damage, which averages out to one every three weeks, according to the 2023 U.S. 401(k) hardship withdrawals and expedited insurance payments For those in a real financial crunch, having the option to withdraw money from a retirement plan early can be a lifeline.

Health 225
article thumbnail

Lessons From Past Recessions

Success

As of August 2022, the economy has already seen two months of negative GDP growth, but the National Bureau of Economic Research (NBER) hasn’t officially declared one yet. brokerage accounts, selling a second car or hobby equipment, potentially downsizing, etc.)? checking accounts, your emergency fund, or other savings accounts)?

article thumbnail

How Sensory Design Can Create Efficient Workplaces

Allwork

According to a survey from March 2022, almost 50% of workplace leaders already require or will require employees to return to full-time in-person work within the year. However, after forming new habits and routines, people began to embrace the flexibility that working from home can offer.