Category: Group Benefits
What Happens When You Inherit A 401(k)?
December 13, 2020
A 401(k) is a tax-deferred, retirement savings account. When a person opens a 401(k), he or she names one or more beneficiaries to receive the...
Pros & Cons Of Opening A Flexible Spending Account
November 28, 2020
Flexible spending accounts (FSAs) are associated with employer-sponsored health insurance plans. They allow you to divert a tax-deferred portion of your earnings into the account,...
How Does My 401(k) Get Invested?
November 13, 2020
A 401(k) is a tax-deferred, employer-sponsored retirement savings plan that allows you to save and invest a portion of your paycheck. Your employer may contribute...
Traditional IRA Vs. Roth IRA
October 28, 2020
“IRA” is an abbreviation for “Individual Retirement Account.” A traditional IRA and a Roth IRA are two different retirement options, each with its own pros...
Can I Have More Than One 401(k)?
October 13, 2020
It is possible to enroll in more than one 401(k) at a time. In fact, it is not uncommon to accumulate several over a lifetime....
What Happens To My HSA/FSA If I Leave My Job?
September 28, 2020
Many employers today are offering health savings accounts (HSAs) or flexible spending accounts (FSAs) to employees. Both types of plans allow for tax-free contributions to...
Understanding 401(k) Terms: Sponsor & Third-Party Administrator
September 13, 2020
A 401(k) plan is an excellent benefit for employers to offer employees. It is a tax-deferred, defined-contribution retirement account that gets its name from a...
Do I Need To Offer My Employees Dental & Vision Plans?
August 28, 2020
Under the Affordable Care Act (ACA), employers with 50 or more full-time employees must provide health insurance or pay a hefty penalty to the IRS....
What Happens To My 401(k) If I Move To A Different Country?
August 13, 2020
If you are a foreign worker in the U.S., planning to return home, or a U.S. citizen planning to move abroad, you may be wondering...
What Happens To My 401(k) After My Death?
July 28, 2020
For many Americans, a 401(k) is the foundation of their retirement planning. The goal is to set aside sufficient tax-deferred dollars (ideally, with matching employer...
