employee benefit

At age 65, some couples may need as much as $413,000 to cover health care costs in retirement, according to a January report from the Employee Benefit Research Institute.

At Kato, the No. 1 restaurant in the city, according to The Times’ 2023 101 Best Restaurants list, Bailey said the 18% surcharge helps pay for an employee benefit package that includes mental, medical, dental and vision insurance.

Pruitt said corporations are looking at DAF programs as an employee benefit and using the Fidelity Charitable platform as a way to match employee donations as well as a replacement for corporate foundations.

IBM’s new approach is significant because the company has been a leader in employee benefit policymaking.

“Employers can distinguish themselves in attracting and retaining workers by offering such benefits,” said Craig Copeland, director of wealth benefits research at the Employee Benefit Research Institute, a nonprofit, particularly those “who are struggling with their finances and have student loan debt.”