Category: Financial Planning
-
Disability Insurance Explained: Long-Term Disability | Pennsylvania Benefits Consultants
Your most valuable asset isn’t your house, car or retirement account. It’s the ability to make a living. Long-term disability insurance (LTD) provides financial protection by replacing a portion of your income—typically 50% to 70%—if you become unable to work due to a prolonged illness, injury, or accident. This benefit is paid directly to you…
-
Retirement Savings Tips: Stop Worrying and Start Saving | PA Employee Benefits Group
According to most retirement savings statistics, saving for retirement is something a lot of people put on the backburner. Until it is too late, that is. For some people, the reason is that they are simply living paycheck to paycheck, so there isn’t much left to put aside. Others have some leftover money after covering…
-
Life Insurance: Putting a Price on Peace of Mind | Pennsylvania Benefits Partners
Life insurance provides financial protection for your loved ones when you die. Essentially, in exchange for your premium payments, the insurance company will pay a lump sum known as a death benefit to your beneficiaries after your death. While this money can never replace you, it can help your loved one(s) live the kind of life…
-
Advance Child Tax Credit Payments in 2021 | PA Employee Benefits Group
There have been important changes to the Child Tax Credit that will help many families receive advance payments starting this summer. The American Rescue Plan Act (ARPA) of 2021 expands the Child Tax Credit (CTC) for tax year 2021 only. The expanded credit means: The credit amounts will increase for many taxpayers. The credit for…
-
8 Small Steps Toward Financial Protection | Pennsylvania Benefits Consultants
About half of all Americans make New Year’s resolutions. Along with exercising more and eating better, many people aim to get a better handle on their finances. If you’re in that camp, we’re here to help. Here are some surefire steps to create a more financially secure future for you and your loved ones. Create…
-
10 Things You Did Not Know About Life Insurance | PA Benefits Consultants
Life insurance blah blah blah. Is that what you hear when someone mentions it as part of your new job’s employee benefits round-up or when you see something about it on TV or social media? Not to worry: we’ve got the low-down on what you need to know. And it’s really not as overwhelming (or…
-
Healthcare Tax Repeal | PA Benefits Agency
—
by
in ACA, Benefit consultants, benefits, business, custom content, Employees, Employers, federal law, fefderal law, Financial Planning, Financial Wellness, health, Health Insurance, Health Savings Account, HR, Insurance, Pennsylvania, Philadelphia, president, President Trump, tax, tax cuts, tax law, taxes, WorkplaceRecently, the President signed a bill repealing the Affordable Care Act’s Individual Mandate (the tax penalty imposed on individuals who are not enrolled in health insurance). While some are praising this action, there are others who are concerned with its aftermath. So how does this affect you and why should you pay attention to this…
-
What We’re Reading – September 2018 | PA Benefits Firm
We scour the web for interesting and actionable HR news and information, so you don’t have to. Here are 10 curated stories that caught our attention this month. Please Say Yes In today’s tight labor market, it’s becoming increasingly common for candidates to turn down offers. There are three key changes you can make to…
-
Redesigned W-4 Form to Launch in 2020 | Pennsylvania Benefits Firm
—
by
When will the new Form W-4 be released? In 2020, according to a press release published by the Treasury Department on September 20, 2018. The department announced that the IRS will implement a redesigned W-4 form for tax year 2020, a timeline that will allow for continued work to refine the new approach for the…
-
Looking Backward to Plan Forward | PA Employee Benefits Firm
As you begin your research into which plan to choose or even how much to contribute to your Health Savings Account (HSA), consider evaluating how you used your health plan last year. Looking backward can actually help you plan forward and make the most of your health care dollars for the coming year.
Blog