Employee Benefits

SIMPLE IRA stands for Savings Incentive Match Plan for Employees. It is a type of Individual Retirement Account, maintained on a calendar year basis, for small employers (no more than 100 employees earning at least $5,000 for the preceding year), which permits contributions under a qualified salary reduction agreement. It is similar to a 401(k) and 403(b), but offers simpler and less costly administration rules

Long-Term Care has been defined as "medically necessary assistance on a long term basis. Care is oriented toward helping a person function, not toward a cure.

Adding LTC makes for a more attractive employee benefits package, which can help recruit and retain workers. Employer-paid premiums are tax deductible, with some limitations depending on the type of business entity.

Health Group Insurance

Health Insurance is one of the most important needs for business owners and their employees alike. We offer information that will help you decide which is the best plan for you, your employees and your company's budget.

Some employers offer only one health insurance plan. Some offer a choice of plans: a fee-for-service plan, a health maintenance organization (HMO), or a preferred provider organization (PPO) or most recently a High Deductible Health Plans (HDHP) packaged together with an income tax favorable Health Savings Account (HSA). These plans differ in significant ways and can be explained by one of our experts.

Employers can select employees for coverage, and offer it as part of a key man or executive benefit package because LTC is a non-qualified employee benefit, and therefore is not subject to ERISA or employee discrimination rules.

Health Insurance and Employee Benefits are a way of attracting new talent and retaining the quality employees your company needs to grow and compete in these dynamic times.

Employee Benefits

Life Insurance

PEOPLE don`t plan to fail. they fail to have a PLAN.

Retirement Plans

Long Term Care

401(k) plan is an employer sponsored retirement plan that allows employees to save toward retirement through salary deductions and employer contributions. These plans offer many advantages to employers like (but no limited to):

Employee Retention
Low Cost to the company
Contributions are Tax deductible

Executive Retirement Planning - Traditional Qualified Retirement Plans (such as a 401(K)) have limitations on the amount of money that can be contributed annually to the plan. In addition to the limitation on deferrals/contributions, qualified plans can become rather costly, in terms of time and money, to administer. We offer a suite of progams, that can be taylor made, to the needs of your company, so that you can provide your key executives and key personel with a benefit that will allow them to adequately save for retirement and think twice about leaving to your nearest competator.

Even small businesses can provide this benefit to their employees by purchasing a group life policy. Unlike individual policies, employer-sponsored plans often don't require that applicants pass a physical exam. These policies are often portable, meaning an employee can continue the policy when changing jobs.

Contact us today for more information about HEALTH, RETIREMENT or LIFE Insurance or fill out our online quote request form.

Group Health Insurance Plans can also be broadened to include, or be offered alongside, the following

Dental
Vision
Disability (Short Term and Long Term)
Voluntary Plans
Pre Paid Legal
Employee Assistance Programs
Group Homeowners and Auto Insurance