Employee Benefits and Retirement Articles

8 Posts
Opt In Or Opt Out

Opt In Or Opt Out

Click to view SBOCTeam's profile

Posted by: SBOCTeam, Sep 8, 2009

Find out whether an automatic enrollment 401(k) plan is right for you

By Max Berry

Saving for the future is every person's individual responsibility. But, as a small business owner, you have the power to provide your employees with some incentive. Instituting an automatic enrollment 401(k) plan may be as close as a you can come to guaranteeing that your employees will save. Automatic enrollment increases plan participation dramatically, but it also presents its ow...

Read full article >>
  • Viewed: 3,147 times
  • Rating: 
  • Reviews: 1
The ’10 Spot

The ’10 Spot

Click to view SBOCTeam's profile

Posted by: SBOCTeam, Sep 8, 2009

What next year's tax law changes regarding IRAs mean for retirement

By Reed Richardson

Typically, the arrival of each new year brings with it a host of tax law changes, some small, some large, and some too arcane for all but the most savvy investors to benefit from. But 2010 brings with it such an important and relatively simple (but easily overlooked) tax law change-one that could potentially save you hundreds of thousands, if not millions, of doll...

Read full article >>
  • Viewed: 3,784 times
  • Rating: 
  • Reviews: 2
All About SEPs

All About SEPs

Click to view SBOCTeam's profile

Posted by: SBOCTeam, Sep 8, 2009

Simple to set up, easy to administer, Simplified Employee Pension Plans may be for you

By Max Berry

Among all the 401(k)s, 403(b)s, and various types of IRAs available to you and your employees, Simplified Employee Pension (SEP) plans don't get a whole lot of attention. This doesn't mean you shouldn't consider one for your firm. If you're a small business owner just starting to offer retirement packages to your employees-or one simply looking to exp...

Read full article >>
  • Viewed: 3,187 times
  • Rating: 
  • Reviews: 0
Helping 'Em Save

Helping 'Em Save

Click to view SBOCTeam's profile

Posted by: SBOCTeam, Jun 30, 2008

How new rules help biz owners control employees 401(k)s

By Chris Freeburn

Helping your employees save for retirement is not merely an altruistic gesture on your part. There are huge benefits for you as an employer, and for your business as a whole. In today's increasingly competitive marketplace, businesses small and large are competing for highly skilled employees-and the competition is only getting more intense. Today's highly talented job applicants are lookin...

Read full article >>
  • Viewed: 2,384 times
  • Rating: 
  • Reviews: 1
Chuck's Story

Chuck's Story

Click to view SBOCTeam's profile

Posted by: SBOCTeam, Dec 13, 2007

By Gene Marks

Chuck put $1,500 in his pocket this year just for doing a little paperwork, and boy was he happy. "Honey," he crowed to his wife on the phone. "Tonight it's Seafood Shanty baby...and you can even order the shrimp cocktail!" Man oh man, we're talking payday.

How did he fall into this extra money? By doing something every business owner should do. At the beginning of the year he set up a Health Savings Account.

Wait a second; haven't these thin...

Read full article >>
  • Viewed: 1,871 times
  • Rating: 
  • Reviews: 1
Health Insurance: Examining the Options, Controlling the Costs

If you don't offer health insurance, should you? If you do, but the costs are killing you, what can you do? How do you find a health plan that won't make your company sick?
By Chris Freeburn

Perhaps the most burdensome issue facing small business owners today is health insurance. As costs continue to spiral and coverage options become more and more complex, many small business owners find the challenge of providing employees health insurance while keeping the company's ...

Read full article >>
  • Viewed: 4,244 times
  • Rating: 
  • Reviews: 5
Examining The Options: Finding Health Insurance That Won't Make Your Company Sick

The task of choosing a health insurance policy for you and your employees can be daunting. Small business policies come with widely varying prices and a range of options for coverage that sometimes seem almost impossible to decipher.
By Reed Richardson

Worse, even the cheapest policies can seem absurdly expensive. But many of you no doubt feel that a robust health insurance plan is necessary to attract and retain a talented group of employees. Many of you also probably...

Read full article >>
  • Viewed: 2,118 times
  • Rating: 
  • Reviews: 5
Health Savings Accounts

Health Savings Accounts

Click to view SBOCTeam's profile

Posted by: SBOCTeam, Jul 29, 2007

By Reed Richardson

Created in January 2004 as part of the Medicare prescription reform law, health savings accounts (HSAs) are sometimes referred to as medical IRAs. These plans are increasingly popular and, according to a May 2005 study by American Health Insurance Plans, more than one million people are now covered under HSA-based health plans.Many insurance companies, local banks, as well as specialized administrators offer HSAs, but be advised, the fees charged to run these plan...

Read full article >>
  • Viewed: 1,674 times
  • Rating: 
  • Reviews: 1