Tag Archives: financial

Which Medicare Plan is Right for You?

Many Americans buy additional private insurance to cover gaps in coverage. There are two main categories of private insurance on the market: Medicare Advantage and Medicare Supplement plans. While these programs offer similar health benefits, they also have some significant differences to consider.

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Common Financial Wisdom: Theory vs. Practice

In the financial world, there are a lot of rules about what you should be doing. In theory, they sound reasonable. But in practice, it may not be easy, or even possible, to follow them. Let’s look at some common financial maxims and why it can be hard to implement them.

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Assessing Portfolio Performance: Choose Your Benchmarks Wisely

There’s really nothing you can do about global economic conditions or the level of returns delivered by the financial markets, but you can control the composition of your portfolio. Evaluating investment results through the correct lens may help you make appropriate adjustments and effectively plan for the future.

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IRS Increases Limit on Business Deduction for Small Dollar Property

On Nov. 24, 2015, the IRS issued Notice 2015-82, which increases the de minimis expense limit from $500 to $2,500 for taxpayers that do not have an applicable financial statement. Taxpayers need to independently consider the impact on their financial statements as a result of this increase.

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Questions Every Benefit Plan Sponsor Should Know the Answers To

As “Fiduciary Responsibility” increasingly gains the public’s attention, plan sponsors must become more aware of their own responsibilities that are established by the Employee Retirement Income Security Act (ERISA). Here are some questions that plan sponsors need to consider as they re-evaluate the responsibilities their positions entail.

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The Risks of Not Filing an Employee Benefit Plan Audit

It’s useful to bear in mind that a benefit plan is considered a separate entity from your business. A quality audit helps you carry out your company’s responsibility to file a comprehensive and accurate annual return for each plan each calendar year.

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My Employer Now Offers Wellness Benefits As Part of Its Employee Benefits Package. But What Are They?

It’s no surprise that your company has started offering wellness benefits, since many employers are already offering these types of programs as part of an overall employee benefits package. For employees, wellness benefits not only can help them adopt and live a healthier lifestyle, but can also provide them with financial benefits.

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A Refresher on Budgets, Forecasts and Projections

As an early stage venture – or an existing company with new technologies – it is vitally important to prepare a financial budget, then use it each month (or week, or even day) to ensure you are meeting your expectations.

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Three Smart Moves for Young Adults

Your 20s is a time for exploration and new experiences, but also a time of emerging personal financial responsibility. And though times are certainly different now for young adults compared to 10 or 20 years ago, some advice never goes out of style.

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When You Marry, Who Should Be Notified?

The day has come–you’re finally getting married. Now that your life is changing, you’ll need to let others know. Although this is not an exhaustive list, here are some of the people and institutions you may need to notify.

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