Category: Group Benefits
What Benefits Should I Offer My Employees?
February 13, 2021
Employee benefits will cost your business. There is no avoiding that, but the pros outweigh the cons. Advantages of offering benefits include better recruitment and...
Is My Work Health Insurance Better Than Marketplace Insurance?
January 28, 2021
Group health insurance is one of the most important benefits employers offer their employees. Under the Affordable Care Act (ACA), companies with 50 or more...
What Happens if I Withdraw My 401(k) Early?
January 13, 2021
A 401(k) is a company-sponsored retirement plan that gives employees a tax break on the portion of their salary they contribute to the plan. Contributions...
Can I Invest The Money In My HSA/FSA?
December 28, 2020
Health Savings Accounts (HSAs) and Flexible Spending Accounts (FSAs) are both offered by employers and designed to ease the financial burden of healthcare. But there...
What Happens When You Inherit A 401(k)?
December 13, 2020
A 401(k) is a tax-deferred, retirement savings account. When a person opens a 401(k), he or she names one or more beneficiaries to receive the...
Pros & Cons Of Opening A Flexible Spending Account
November 28, 2020
Flexible spending accounts (FSAs) are associated with employer-sponsored health insurance plans. They allow you to divert a tax-deferred portion of your earnings into the account,...
How Does My 401(k) Get Invested?
November 13, 2020
A 401(k) is a tax-deferred, employer-sponsored retirement savings plan that allows you to save and invest a portion of your paycheck. Your employer may contribute...
Traditional IRA Vs. Roth IRA
October 28, 2020
“IRA” is an abbreviation for “Individual Retirement Account.” A traditional IRA and a Roth IRA are two different retirement options, each with its own pros...
Can I Have More Than One 401(k)?
October 13, 2020
It is possible to enroll in more than one 401(k) at a time. In fact, it is not uncommon to accumulate several over a lifetime....
What Happens To My HSA/FSA If I Leave My Job?
September 28, 2020
Many employers today are offering health savings accounts (HSAs) or flexible spending accounts (FSAs) to employees. Both types of plans allow for tax-free contributions to...
