Knowledge Base

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Health and Welfare

A Healthy Retirement with a Health Savings Account

Preparing for the increased cost of health care in retirement is becoming easier. One of the best tools to make it easier is the health savings account (HSA).

Health and Welfare

Four Reasons to Rethink Telemedicine

I had some misconceptions about telemedicine. I can save money and get effective treatment without sitting in an urgent care waiting room.

Health and Welfare

DOL Fiduciary Rule and HSAs

Do the recent changes to the DOL Fiduciary Rule apply to Health Savings Accounts? This post tells you what you need to know.

Retirement

Updated: Take Action to Save Small-Employer Retirement Plans

A recent, proposed, Treasury Department regulation contains a provision that will make it harder for small businesses to form new retirement plans or maintain their current ones.

Retirement

New Fiduciary Rule

This morning the Department of Labor (DOL) released final regulations addressing conflicts of interest in retirement plan advice. Popularly known as the “fiduciary rule”, the final regulations impact persons that provide “covered investment advice."

Health and Welfare

Grace Period or $500 Rollover for FSA?

Employers can now choose between the Grace Period and the $500 Rollover for their FSA. Which is better for their employees?

Retirement

The Interaction between State Pension and a 457(b) FICA Alternative Plan

Let’s say a full-time teacher retires and begins receiving a distribution from their state pension. Later, they decide to go back to work as a substitute teacher. How is their plan affected?

Health and Welfare

HSA Best Practices: How to Save on Prescription Drugs

Consumers who use high deductible health plans (HDHPs) and Health Savings Accounts (HSAs) to help manage their healthcare costs are conscious of rising drug prices, which are increasing at their highest rate since 2003.

Retirement

Retirement Plan Basics – Missed Deferral Opportunities

One of the more difficult areas in retirement plan compliance is making sure that all eligible participants that wish to contribute to a retirement plan are given the opportunity to do so.

Health and Welfare

How to Handle FSA Contributions During a Leave of Absence

Occasionally we find that an employee must take an approved unpaid leave of absence. How do you fund the FSA while they are out?