How to Plan for Life's What-Ifs – with Long-Term Disability Insurance
Few people can imagine a day when they will be too ill or injured to work. Unfortunately, it's not that uncommon. According to the Council for Disability Awareness, more than one in four of today's 20-year-olds can expect to be out of work for at least a year because of a disabling condition before they…
Disability Income Insurance Protects Your Most Valuable Asset
Most people don't plan for a debilitating accident or illness during their working years. But three in 10 workers entering the work force today will become disabled before retiring. And only five percent of disabilities are work-related—meaning 95 percent of people with disabilities will not qualify for workers' compensation benefits. Most of us know people…
March 6, 2017 in Employee Benefits.
What is ERISA?
The Employee Retirement Income Security Act of 1974 ("ERISA") is a federal law that governs the structure of employer-sponsored group benefit plans. It applies to private employers and specifically excludes 1) government and church plans, 2) plans maintained outside the United States, and 3) plans maintained only to comply with worker's compensation, unemployment compensation or…
February 4, 2016 in Compliance, Employee Benefits.
The ACA and Temporary Workers
American businesses use more than 3 million temporary workers per day. How will the Affordable Care Act affect the use of temporary and leased workers? The Affordable Care Act (ACA) will require employers with 100 or more full-time equivalent employees to offer them "affordable" health insurance starting in 2015 or pay a penalty. Employers with…
June 11, 2014 in Health Care Reform.