The Families First Coronavirus Response Act (HR 6201) goes into effect on April 2nd, 2020. This legislation provides expanded Family and Medical Leave Act (FMLA) rights and greater unemployment benefits for individuals impacted by COVID-19. As an employer, here’s what…
The far-reaching impacts of COVID-19 have become impossible to ignore over the past weeks. During this challenging time, our partner BizAssure held a webinar on the ways pandemics can affect businesses — and how we can best prepare and navigate…
What Could Happen To My Business If I Lost A Key Employee? A key employee may be a specialist who has knowledge that is critical to your organization (such as a programmer) or he or she may be a generalist…
If there is a charity in which you would like to really make a difference, you might want to consider the option of leaving life insurance proceeds to a favorite charity. What are some of the advantages? With a life…
A 401(k) plan is a qualified employer-sponsored retirement savings plan. Employee participation is up to each individual employee. There are definite benefits to both the employer and the employee. For an employer, a 401(k) helps retain good employees at a…
What Is A Beneficiary? In the world of life insurance, beneficiary is an important, common term. It refers to a person or entity who is named by the life insurance policy to receive the policy's benefits. The benefits (or proceeds)…
Where Small Businesses Are Vulnerable In a small to medium-sized business, the death of a partner or key officer/shareholder reduces the value of its business assets (as well as legally terminates a partnership). In order to preserve the partnership assets,…
Term life insurance provides a death benefit only. It does not build cash value. Three Types Of Term Insurance Annual Renewable Term Death benefit remains level. Premium increases annually since there is an increased likelihood of death. Level Term Both…
(Note: All Dollar Amounts Are Based On 2000 Figures.) Medicare is packaged in two parts: Part A and Part B. Qualified individuals automatically receive "Part A" which is hospitalization insurance. When all coverage requirements are met, Part A of Medicare…
Long-term health care includes much more than just nursing home care for the elderly. Today's long-term care may also refer to a variety of protection, such as: Health care Rehabilitative services Personal care Social services However, there is a common…