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May 2014 Archives

More worker flexibility

According to, U. S. employers are giving workers more flexibilty.  Up to two-thirds of employers are permitting staffers to occasionally work from home.  This is up from 50% in 2008.  38% of employers are allowing workers to work from home on a regular basis, up from 23% six years ago.  This trend makes it a lot easier for working parents, who have small children or who may need to stay home with a sick child.  This trend also plays a big part in child custody situations.

Early withdrawal from 401K

The Internal Revenue Service reported that in 2011 it collected $5.7 billion in penatlies as a result of early withdrawals from 401K plans.  In that year, Americans took roughly $57 billion from their 401K plans as early deductions.


Mercedes R. Wechsler, P.A.
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