Your guide from hire to retire.
When we flew in Jim’s Cessna 170, we had no idea it would be the last time. For years, my son has shared his dream of becoming a pilot. Spending time with Jim and flying in his plane is a memory we will never forget. Jim was a passionate aviator and generously shared his love of flying with my son. Shortly after this flight, Jim was diagnosed with a terminal illness and passed away months later.
Tracking Variable Hour Employees: Understanding Measurement and Administrative Periods Employers with variable hour employees face unique challenges when it comes to tracking hours and determining health insurance eligibility. Under the Affordable Care Act (ACA), businesses must use specific methods to measure employee hours and ensure compliance with health coverage requirements. […]
New Benefits, Big Changes: What the OBBBA Means for HDHPs Telehealth, FSAs, HSAs & More The recently passed One Big Beautiful Bill Act (OBBBA) brings a wave of important updates that will directly impact health plan administration, tax-preferred accounts, and telehealth accessibility, many of which take effect starting January 1, […]
Roth 401(k): To Contribute or Not to Contribute? A Comprehensive Comparison Top 7 Reasons to Contribute to a Roth 401(k) 1. Tax-Free Withdrawals Contributions grow tax-free, and qualified withdrawals in retirement are tax-free, providing a tax-free income stream. 2. No Required Minimum Distributions (RMDs) Unlike traditional 401(k)s, Roth 401(k)s […]
Simple IRA vs 401(k): Should You Consider Upgrading? As your company evolves, your retirement plan should keep pace. If you’re considering upgrading from a SIMPLE IRA to a 401(k), here are the top five advantages and considerations to keep in mind. Top 5 Advantages of a 401(k) 1. Higher Contribution […]
Health Savings Account (HSA) FAQs: Everything You Need to Know A Health Savings Account (HSA) is a powerful tool that helps individuals save for medical expenses while enjoying tax advantages. If you’re considering opening an HSA or want to maximize its benefits, here are some of the most frequently asked […]
Maximizing Returns: Strategic Asset Allocation for Roth and Pre-Tax Retirement Accounts As a financial advisor, we employ a strategy that allocates more aggressive and growth-oriented assets to Roth accounts while positioning conservative assets in pre-tax retirement accounts. This approach is designed to optimize the long-term growth potential and overall risk […]
Trustee vs. Authorized Signer: Who Does What in Your Retirement Plan? When managing a retirement plan, such as a 401(k), it’s important to understand the distinct roles involved in overseeing and operating the plan. Two key roles that often get confused are the plan trustee and the authorized signer. While […]
1. Protect your family 2. Protect your business partners 3. Protect your employees It doesn’t have to be anymore complicated or complex than the fundamental reasons listed above. A person’s income and their ability to continue to earn an income in the future is their most valuable asset. Disability/Income Replacement […]
Understanding PCORI Fees: What They Are and Who is Required to Pay Them The Patient-Centered Outcomes Research Institute (PCORI) fee is a federal fee established under the Affordable Care Act (ACA) to fund research that helps patients, healthcare providers, and policymakers make informed healthcare decisions. If you are an employer […]