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Author: Webber Advisors
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Ask the Experts: Executive-Only Medical Plans | Pennsylvania Benefits Advisors
Question: Our company offers group medical and dental plans for all employees. We also have an executive-only medical plan that covers out-of-pocket expenses that the regular group plan does not pay. Does COBRA apply to the executive-only plan? Do we have to include it in our summary plan description (SPD)? Answer: The coverage continuation requirements of the…
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3 Ways to Improve Psychological Safety | PA Employee Benefits
Employees who feel a sense of psychological safety at work are more likely to be engaged, productive and generating the innovative ideas needed to move an organization forward—but promoting that type of environment requires significant commitment on the part of the employer, a process that can be supported by HR leaders. At a session at last month’s Health…
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Connecting Agility, Culture and Change Management | PA Benefits Team
Every company wants to lead their industry, and doing so means remaining competitive. With the rate of speed the world experiences change in this age that is a very difficult proposition. For an HR professional, it is increasingly more difficult to stay ahead of the curve. So, what are the critical pieces to the strategy?…
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Ask the Experts: Taxability of Reimbursements for Mileage | Employee Benefits Team
Question: Are amounts an employer reimburses employees for mileage taxable? Answer: They may be; the type of reimbursement plan will dictate whether reimbursement for business travel is or is not taxable. Both accountable plans and non-accountable plans allow an employer to reimburse employees for their business expenses. With an accountable plan, the reimbursement is not…
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IRS Announces HSA Limits for 2020 | PA Benefits Advisors
On May 28, 2019, the Internal Revenue Service (IRS) released Revenue Procedure 2019-25 announcing the annual inflation-adjusted limits for health savings accounts (HSAs) for calendar year 2020. An HSA is a tax-exempt savings account that employees can use to pay for qualified health expenses. To be eligible for an HSA, an employee: Must be covered…
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Spring Clean Your Life | PA Benefits Agency
The winter doldrums have left most of the country and we are witnessing the arrival of spring. Just like the budding trees and baby animals signify a new start, so does a fresh cleaning of your home. But don’t let the spring cleaning stop with the physical place where you live—extend it to all corners…
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Insuring the Times of Your Life | Pennsylvania Benefits Advisors
Preston Newby was a youth minister. He and his wife, Tara, were driving with their son to visit family—excited to announce a new baby on the way. In the keeping with the kind of person Preston was, he stopped to help at the scene of an accident. That’s when he was struck by another car…
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Millennials are HRs biggest challenge in the multi-gen workplace | PA Employee Benefits Agency
Dive Brief: Almost half of HR professionals (48%) reported millennials as their largest non-desk work group, but 32% said they are the hardest generation among Gen Z, Gen X and baby boomers to engage, according to research from Speakap. The corporate social platform surveyed 250 HR professionals in the U.S. and U.K. on their use of technology to retain…
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Who Can I Name as a Beneficiary on My Life Insurance Policy? | PA Benefits Team
First off, great job on buying life insurance! You took an important step by protecting the ones you love. Every life insurance policy requires you to name a beneficiary. A life insurance beneficiary is typically the person or people who get the payout on your life insurance policy after you die; it may also be…
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Federal Employment Law Update — April 2019 | Pennsylvania Benefits Agency
EEOC Releases Fiscal Year 2018 Enforcement and Litigation Data On April 10, 2019, the U.S. Equal Employment Opportunity Commission (EEOC) released detailed breakdowns for the 76,418 charges of workplace discrimination the agency received in fiscal year 2018. The comprehensive enforcement and litigation statistics for FY 2018, which ended September 30, 2018, are posted on the…
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