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Author: Webber Advisors
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IRS Issues 2016 HSA Contribution Limits | Duncansville Benefits Broker
By Stephen Miller CEBS The Internal Revenue Service (IRS) announced limits for 2016 on contributions to health savings accounts (HSAs) and for out-of-pocket spending under high-deductible health plans (HDHPs) linked to them. In Revenue Procedure 2015-30, issued May 5, 2015, the IRS provided the inflation-adjusted HSA contribution and HDHP minimum deductible and out-of-pocket limits, effective…
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Tips for Having Difficult Conversations with Employees | Duncansville Employee Benefits
WWW.HR360.COM “Meet me in my office. There’s something we need to discuss.” Hearing those words can strike dread in the hearts of employees, which is why so many managers and supervisors are so reluctant to say them. However, the ability to have difficult conversations, and to make those conversations both effective and productive, is an…
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World Cancer Day | LR Webber Associates, Inc
We Can – I Can 4th February – Today is World Cancer Day #WorldCancerDay #WeCanICan Taking place under the tagline ‘We can. I can.’, World Cancer Day 2016-2018 will explore how everyone – as a collective or as individuals – can do their part to reduce the global burden of cancer. Just as cancer affects…
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Steps to Successful Employee Communication | PA Benefits Broker
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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Reviewing Your Life Insurance Beneficiaries | Pennsylvania Benefits Broker
www.lifehappens.org Did you know that it may be possible for your money and assets to be tied up in probate court—a year is not uncommon—if you were to die? That’s why it’s important to review the beneficiaries of your life insurance policies and to verify that they will be paid to a named beneficiary (a…
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DOL Issues Administrator’s Interpretation on Joint Employment | Pennsylvania Employee Benefits
www.thinkhr.com On January 20, 2016, the U.S. Department of Labor’s Wage and Hour Division released Administrator’s Interpretation (AI) No. 2016-1 regarding joint employment under the Fair Labor Standards Act (FLSA) and Migrant and Seasonal Agricultural Worker Protection Act (MSPA). The AI identifies common scenarios in which two or more employers jointly employ an employee and…
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Sick Workers Should Stay Home | Duncansville Employee Benefits
www.hr360.com Every worker has been there. Before you open your eyes, you know you’re sick. Your head is pounding, your nose is stuffed, and every muscle in your body aches. You think you have a fever and even suspect the flu. But you’re a dedicated employee, so you tough it out and head in to…
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If you don’t have health insurance? | Duncansville Benefits Broker
www.healthcare.gov The fee for not having health insurance If you can afford health insurance but choose not to buy it, you must pay a fee called the individual shared responsibility payment. (The fee is sometimes called the “penalty,” “fine,” or “individual mandate.”) You owe the fee for any month you, your spouse, or your tax…
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IRS Provides Major Delay in 6055 and 6056 Reporting | PA Benefits Specialist
By Danielle Capilla Chief Compliance Officer at United Benefit Advisors Under the Patient Protection and Affordable Care Act (ACA), individuals are required to have health insurance, while applicable large employers (ALEs) are required to offer health benefits to their full-time employees. In order for the Internal Revenue Service (IRS) to verify that (1) individuals have…
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COBRA and the Affordable Care Act | Pennsylvania Employee Benefits
By Danielle Capilla Chief Compliance Officer at United Benefit Advisors The Consolidated Omnibus Budget Reconciliation Act (COBRA) requires employers to offer covered employees who lose their health benefits due to a qualifying event to continue group health benefits for a limited time at the employee’s own cost. COBRA provisions are found in the Employee Retirement…
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