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Author: Webber Advisors
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Who Is a Fiduciary? | Benefits Broker Pennsylvania
Abridged from www.thinkhr.com Under the rule, a person is a fiduciary if he or she receives compensation for providing advice with the understanding it is based on the particular needs of the person being advised or that it is directed to a specific plan sponsor, plan participant, or IRA owner. Such decisions can include what…
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How to Add a Step Child to a Health Insurance Plan | Employee Benefits PA
By Jon Williams www.livestrong.com The addition of a stepchild to your family brings a variety of rewards and challenges. The task of adding your stepchild to your health insurance should be a relatively easy process. The addition of the stepchild might have occurred after a marriage or with a change in custody. According to Insurance…
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Steps to Successful Employee Communication | Pennsylvania Employee Benefits
www.hr360.com According to management expert and dean of Harvard Business School, Nitin Nohria, communication is the real work of leadership. And that doesn’t apply only to Fortune 500 companies. No matter the size of the organization, effective managers must be strong communicators to inspire and lead their teams. Unfortunately, with day-to-day business demands, communication skills…
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Set New Employees up for Success | Duncansville Benefits Broker
www.thinkhr.com A whopping 46% of new hires fail and are let go within 18 months of being hired. The blame doesn’t always fall on employees. In fact, more often than not, it probably points to employers, which means there’s risk of a wrongful termination lawsuit. Check out a few tips to help set up your…
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6 Reasons Single People May Need Life Insurance | PA Employee Benefits
www.lifehappens.org Many people make the assumption that life insurance is for married couples and those with kids. While it is true that not all single people need life insurance, there are a number of reasons when it can make (really) good sense. 1. You have student loan debt. Many people assume that your debt dies…
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Define Indemnity Health Insurance | Benefits Broker Duncansville
www.livestrong.com By Heidi Wiesenfelder Although health maintenance organizations (HMOs) and preferred provider organizations (PPOs) represent the majority of insurance plans currently available, some employers and insurance companies still offer indemnity plans. These are traditional plans that were common before the rise of managed care. While some people prefer the lower premiums of HMO and PPO…
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Are You Paying the Kiddie Tax? | Benefits Broker PA
Marvin H. Feldman, CLU, ChFC, RFC, President and CEO of Life Happens www.lifehappens.org The kiddie tax is a tax rule that is levied on unearned income (interest, dividends and capital gains) earned by children under the age of 19 and full-time college students under the age of 24. For 2016, all of the child’s unearned…
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Pennsylvania Employment Law Update | Employee Benefits Duncansville
www.thinkhr.com Minimum Wage Increase for Employees of the Commonwealth and Organizations Receiving State Contracts On March 7, 2016, Pennsylvania Governor Tom Wolf signed Executive Order 2016-2, which increases the minimum wage for employees of the Commonwealth to $10.15 per hour, effective immediately, and provides for annual increases based on inflation beginning in January of 2017.…
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Managing Employee Absenteeism | Health Insurance PA
www.hr360.com Every supervisor and HR pro knows that managing employee time off is a fact of life in the modern workplace. Whether it’s a well-deserved vacation, personal time to attend to family or private business, or sick leave, accommodating an employee’s need for time away from the office is widely accepted as good business practice…
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When are the ACA forms due? | Duncansville Benefits Broker
www.aatrix.com The ACA forms follow the same guidelines as the W2 and 1099 regulations. The employee copy, 1095-B and/or 1095-C will need to be provided to them in either paper or electronic copy, by February 1st. If your business is filing less than 250 forms, and choosing to print, the due date is February 29th.…
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