Between the pandemic, hurricanes, and wildfires, 2020 is a year we won’t soon forget. Many employers had to deal with supply chain interruptions, painful layoffs and unexpected compliance costs. One area that was certainly affected, and will continue to be in the future, is employee benefit plans. A lack of revenue made making annual 401(k) …
Ah, fall. A time to drink pumpkin spice lattes, admire the changing leaves, and watch college football. It’s a season of change, of possibility, of openness—which makes it a great season for, yep, open enrollment. Since this has been a crazy year for many of us—from losing jobs to getting rehired to pursuing a new …
Everything You Need to Know About Open Enrollment Read More »
If you qualify for Medicare benefits, you’ve probably received or should soon be receiving your” Medicare and You 2021″ handbook as October 15 through December 7 is the Annual Open Enrollment Period. This is the time when you have the opportunity to sign up, keep or make changes to your Medicare and Prescription Drug plan. …
Guidelines for Preparing for the Annual Medicare Enrollment Period Read More »
Simply put, life insurance provides your spouse, children, and loved ones (also known as “beneficiaries”) with financial support if you were to pass away. Making sure you’re covered is one of the most empathetic financial decisions you’ll ever make: you’re not thinking about your death so much as you’re thinking about the quality of your …
To call the opening weeks of the pandemic a nightmare for American businesses is a gross understatement. One of the biggest challenges was a rapid and effective shift from in-person to remote work. Sales at Zoom, Skype, and other video conferencing platforms surged as employers scrambled to keep things moving. Maybe you’re one of those …
We’ve all seen Castaway, right? Tom Hanks’ plane crashes, he ends up stranded on a deserted tropical island for four years with an inanimate volleyball named Wilson as his only friend and courageously sails his way off the island. Now, I don’t consider myself to be an emotional crybaby but the scene where Tom Hanks realizes he …
New Health Insurance, Now What? 1. Understand your Health Care Coverage Take some time to acquaint yourself with the costs and fees of your shiny, new policy. The points of your policy you’ll want to know inside and out are: co-pays, emergency room fees, prescription coverage and your annual deductible. Understanding these fees and terms …
It’s me, Justin. Your bearded benefits guy. Changing it up a bit today. Usually, I’m talking to business owners. The people setting up the benefits plans. But today, I’m talking to everyone else. That means you. The person using the benefits plan. Why? Two words: open enrollment.
Let me be the very first to welcome you to September which is national life insurance month! I know super exciting right? But it is super important. So, I want to drop a little knowledge on you about what life insurance is and what it isn’t. As they used to say in GI Joe, knowing …
There are a lot of things to talk about when it comes to purchasing Small Group Health Insurance. And it’s a dangerous minefield of acronyms. Our Bearded Benefits Guy, Justin Wilfley, is going to break it down for you in the way that only he can do!
