Pokemon Go caused Americans to take 144 billion more steps in a month, increasing activity levels by 25%. Surgeons who play video games make 37% fewer mistakes, and playing video games can increase brain size and boost memory and motor skills. Video games and, more recently, mobile games are accused of contributing to many social […]
A public benefit corporation is a non-profit organization that provides ongoing benefits to the community, with regulation varying by jurisdiction. Charities and adult daycare centers may qualify, and a board of directors ensures compliance with the organization’s charter. Charters can be granted by state, provincial, national, or federal governments, or even by a monarchy. A […]
Voluntary benefit plans offer insurance and service benefits to employees without being mandatory. Plans include medical, dental, vision, life insurance, savings plans, and discounted services. Employers may match contributions, and plans can help with financial goals. Voluntary benefit plans are various types of insurance and service benefits offered to members of an organization or employees […]
A benefits project coordinator organizes projects that promote the financial, health, and mental well-being of employees, managing health, dental, disability, and retirement programs, and introducing programs that contribute to the general well-being of employees. They work at a fast pace, multitasking for various events, and may need to communicate with key executives. They also support […]
Bodybuilding workouts improve physical appearance, strength, endurance, and resistance to injury. They can also aid in weight loss and promote mental well-being. As the name implies, the main goal of a bodybuilding workout is to improve the physique and physical appearance. However, the benefits of a regularly maintained bodybuilding training regimen are numerous, varied, and […]
Benefit fraud occurs when a person lies or withholds information to obtain benefits they are not entitled to, such as unemployment or disability income. Falsifying family or income details and lying about injuries or disabilities can also be considered fraud. Penalties include fines, returning benefits received, and even jail time. Benefit fraud occurs when a […]
Tenured professors have job security, allowing them to speak on controversial topics and focus on teaching and research. They also earn higher salaries and don’t have to worry about annual reviews or seeking promotions. This leads to decreased stress and more freedom to pursue academic interests. Most universities make it possible for their professors to […]
Intangible benefits are non-monetary or tactile gains derived from an investment, such as positive relationships or contentment with work. They add value to an investment and vary from person to person. Investors can gain intangible benefits by choosing securities or options that align with their values. The combination of tangible and intangible benefits increases the […]
Benefit offsetting occurs when retirement plan benefits are lost due to unpaid loans or when the beneficiary has another source of benefits. Federal regulations allow providers to withhold up to 10% of the plan’s face value. This can also affect employment benefits. The policy aims to prevent abuse of benefit services. A benefit offset is […]
An annuity is a contract between an insurance company and the beneficiary, providing payments over the beneficiary’s life. Annuities can be fixed or deferred, with different types of death benefits. Riders can be added to increase the death benefit, and underwriting determines the risk of insuring the beneficiary’s life. An annuity is a contract, usually […]
Calculating corporate profit is important for companies, economists, and investors. There are different approaches, including operating profit, book earnings, and after-tax profit. Identifying companies with increasing profitability is important for investors. Analyzing corporate profits on a national scale can help identify economic trends and prepare for upcoming changes. Corporate profit is the net income earned […]
Marginal benefit and cost are key economic principles used by firms and consumers to maximize utility. For producers, marginal benefit is the market price of the good, while for consumers, it is the utility gained from consuming the last unit. Both groups aim to produce or consume until marginal benefit and cost are equal. An […]
Benefit assignment allows insurance payments to go directly to healthcare providers instead of policyholders, streamlining the payment process. Patients sign a form allowing providers to forward claims to insurers, but coverage must be included in the policy. Benefit assignment is a process that allows payments from an insurance provider to be routed directly to the […]
An accumulated benefit obligation (ABO) estimates an employee’s current pension plan value based on contributions made up to that date. Companies must disclose their ABO for potential investors, as pension payments can become substantial and add significantly to expenses. Pension accounting can identify problems such as shortfalls, and employees can request an overview of their […]
The tax benefit rule in the US requires taxpayers to pay tax on recovered money that wasn’t counted in previous taxable earnings, with exceptions that can reduce tax bills. It applies only if there was a tax benefit, and taxpayers must itemize the situation on their tax return. The tax benefit rule is a feature […]
A defined benefit plan is an employer-sponsored retirement plan where benefits are determined by a formula based on factors such as salary, age, and length of employment. Employers manage investments and assume investment risks, and benefits can be provided as a lump sum or monthly payments. There are three main types of defined benefit plans: […]
Benefit set-off can result in the loss of retirement plan benefits due to unpaid loans or other sources of benefits. Providers can withhold up to 10% of the plan’s value. This can also affect employment benefits. It prevents abuse of care services and ensures resources are available for those who need full support. A benefit […]
