February 4, 2016

Your Guide to Critical Illness Insurance

Critical illness insurance provides coverage over and beyond what your health insurance policy covers. Do you need it?

Critical illnesses can strike anyone, at any time. Critical illness insurance helps you deal with the unexpected costs of these health problems. According to estimates by the American Heart Association, this year alone 600,000 Americans will experience their first stroke, 785,000 Americans will have a heart attack for the first time and about 1.4 million will be diagnosed with cancer. read more …

February 1, 2016

529 Savings Plans: Great Benefit at a Low Cost

For years you’ve been encouraging your employees to save for retirement. But what about other savings programs? The growing popularity of 529 College Savings Plans provides employers the chance to offer employees a valuable benefit at virtually no cost.

 

529 College Savings Plans are education savings plans designed to help families set aside funds for future college costs. Named after section 529 of the tax code, these plans are generally sponsored by individual states. read more …

January 25, 2016

What to Do in a Policy Review

Scheduling regular policy reviews can ensure your business has the coverage it needs, when you need it. If you haven’t reviewed your coverage lately, the beginning of the year is a great time to take care of this important housekeeping matter.

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January 19, 2016

Temporary Employees, Full Time Risks

Using contingent workers can relieve your organization of some human resource functions, but it can create liability exposures.

When you hire temporary or leased employees, the agency acts as the employer. The agency is responsible for screening employees, paying employment taxes, providing workers’ compensation and, in some instances, providing employee benefits. read more …

January 11, 2016

The Costs of Not Having Health Insurance

It’s open enrollment: time to select your health insurance plan for the coming year.

If you were thinking about skipping it this time around, get ready to pay regardless. Fines for not having coverage are increasing. For 2016, they will be $695 for each adult and $347.50 for each child, up to $2,085 for a family. Or it could be 2.5 percent above the filing threshold, says the IRS (individuals $10,150, couples filing jointly $20,300), whichever is higher. read more …