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Some readers asked what "subsidy" employers get from 401(k) advisors and mutual fund families. Here's the way it works. Brokers and fund families (with few exceptions) make.
Announcing your retirement a few months in advance is often considered a courtesy to your company. Not only does it give your employer time to manage the transition and hire a replacement, but it ...
“If you retire before you get to retirement age, your benefits might be less when you get to Social Security retirement age,” says Czajka. “Planning to maximize your benefits could be a very ...
While the main formal term for ending someone's employment is "dismissal", there are a number of colloquial or euphemistic expressions for the same action. "Firing" is a common colloquial term in the English language (particularly used in the U.S. and Canada), which may have originated in the 1910s at the National Cash Register Company. [2]
A less severe form of involuntary termination is often referred to as a layoff (also redundancy or being made redundant in British English). A layoff is usually not strictly related to personal performance but instead due to economic cycles or the company's need to restructure itself, the firm itself going out of business, or a change in the function of the employer (for example, a certain ...
Here are the unseen financial and emotional benefits and costs with each option.
While retirement is supposedly a time when seniors hang up their work boots once and for all, a surprising number of older Americans actually end up working. In fact, according to the 8th annual T....
Semi-retirement is similar to retirement, but it means that the user has become less active instead of completely inactive. What this means can vary widely; one semi-retired editor who previously made thousands of edits per month may only make a few hundred, while another semi-retired editor may only drop by to edit every couple of months.