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5 important questions to ask about paid parental leave
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Under federal law, there’s no mandate for an employer to offer compensated time off to mothers and fathers following the birth or adoption of a child. But a few states have mandatory paid parental leave laws on the books, and it’s a topic that still … [Continue reading]
Putting together the succession planning and retirement planning puzzle
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Everyone needs to plan for retirement. But as a business owner, you face a distinctive challenge in that you must save for your golden years while also creating, updating and eventually executing a succession plan. This is no easy task, but you can … [Continue reading]
2019 – 08/29 – Drop something? How to pick up the pieces
Offering group term life insurance through a cafeteria plan
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Many employers wish to offer group term life insurance as a fringe benefit but find the premiums unaffordable. Under such circumstances, you could provide the coverage and have employees pay the premiums pretax through an existing cafeteria plan. … [Continue reading]
Some business owners can’t participate in their own companies’ HRAs
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Many companies now offer Health Reimbursement Arrangements (HRAs) in conjunction with high-deductible health plans (HDHPs). HRAs offer some advantages over the perhaps better-known HDHP companion account, the Health Savings Account (HSA). If you’re … [Continue reading]
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