Several different instruments are available for retirement savings. Many New Jersey residents have a 401(k) or 403(b) through their employers. Recently, the idea of automatic IRAs has been gaining ground. They provide important advantages for small employers. They're...
For physically challenged workers unable to perform their jobs for extended periods, long-term disability insurance is a solid option that just may prevent them from financial disaster. Long-term disability insurance benefits usually pay workers 40% to 60% of their...
Many people in New Jersey have sustained work injuries that essentially forced them to retire early and collect Social Security Disability (SSD) benefits. As they reach retirement age, these individuals may start to wonder if they still qualify for SSD when they're...
If you're suffering from a hand injury, you might find it difficult to go back to work. In fact, you might find that you have to quit your job altogether. But before you leave your job in New Jersey, you're probably wondering if hand injuries allow you to qualify for...
The Employee Retirement Income Security Act (ERISA) establishes certain standards for health insurance plans purchased through your employer. These standards include the claim and appeal process, as well as the information that your insurance company is required to...
Some people in New Jersey are able to continue to work while still collecting disability benefits. However, you'll have to report your wages to the government to ensure that it is not overpaying your benefits. Here's how you can do so. How do you report your income?...
Retirement plan fiduciaries do, indeed, have major control over most accounts they manage for particular employers with respect to employee retirement funds. Employees are often also bound by income tax laws for some accounts, such as a 401(k) retirement savings...
Social Security helps to provide income stability for those who are disabled and can no longer work as well as qualifying retirees. Many New Jersey residents find themselves unable to work due to physical or mental disabilities that make them eligible for disability...
New Jersey residents who are employed by the federal government in the executive, judicial or legislative branches are covered under the Federal Employees Retirement System. In addition to providing retirement benefits, FERS also offers disability benefits for those...
While employers are not required to offer benefits to their workers, many employees in New Jersey receive health insurance and other perks through their jobs. Benefits plans that are offered by private employers are covered by the requirements of the Employee...