Category: Group Benefits
Short-Term Disability Coverage Vs. Long-Term Disability Coverage
June 13, 2020
Short-term disability and long-term disability are both designed to protect your income in case you are unable to work. However, there are differences in the...
Should I Offer My Employees Critical Illness Insurance?
May 28, 2020
Critical illness insurance is designed to compensate policyholders in a lump payment if they are diagnosed with a range of illnesses as listed in the...
What Are The Minimum & Maximum I Can Contribute To My 401(k) Each Year?
May 13, 2020
There is no minimum amount you are required to contribute to your 401(k). However, there are suggested amounts to help maximize your retirement potential. There...
My 401(k) Is “Frozen” — What Does This Mean & Why Did It Happen?
April 28, 2020
The decision to freeze a 401(k) is made by company management. This often occurs after a merger, while the new company decides what to do...
Will My HSA Expire If I Stop Contributing To It?
April 13, 2020
A health savings account (HSA) is designed to stay with you for life, but you could lose it if you don’t use it. The following...
Traditional 401(k) Vs. Roth 401(k)
March 28, 2020
The Roth 401(k) was introduced in 2006 and is becoming increasingly more common. The bigger the company, the more likely it is that employees will...
Top 7 Considerations When Choosing A Group Health Plan To Offer
March 13, 2020
Employee benefits are a key factor in recruiting and retaining top talent. Group health insurance is an important part of your employee benefits package that...
What Happens If I Stop Adding To My 401(k)?
February 28, 2020
Contributions to a 401(k) can stop for a variety of reasons. You may have been laid off or fired or left your job voluntarily. You...
Should I Offer My Employees Health Insurance Or 401(k) First?
January 13, 2020
It is an employees’ market today, which makes it a challenge to find the best talent. Once you get them on board, the next challenge...
What Happens If I Stop Adding To My 401(k)?
December 28, 2019
If you have a 401(k) account through your employer, it is never a good idea to stop contributing to it, even temporarily, if you can...