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Workplace Wellness | NY Benefits Brokers

Picture this: You are sitting at your desk at 3pm and you realize you haven’t gotten up from your chair all day. You look around and see that you’ve been snacking instead of eating a lunch. You have read the same sentence 4 times and still can’t figure out what it means. Your back hurts, … Continued

How to Stop Procrastinating (Finally!) | NY Benefits Agency

Do you consider yourself a procrastinator? A 2015 study published in Cognitive Behaviour Therapy found that about 50 percent of people consider themselves “mild” or “average” when it comes to procrastinating. And about 20 percent of people view themselves as chronic procrastinators, meaning that they procrastinate in many different areas of their lives — work, … Continued

IRS Announces 2019 Retirement Plan Contribution Limits | NY Employee Benefits

On November 1, 2018, the Internal Revenue Service (IRS) released Notice 2018-83 announcing cost-of-living adjustments affecting dollar limits for pension plans and other retirement-related items for tax year 2019. Many pension plan limits will change next year because the increase in the cost-of-living index has met the statutory thresholds that trigger their adjustment. Other items, … Continued

4 Things Life Insurance Is Not | NY Employee Benefits Agency

Are you confused about life insurance? I don’t blame you. When I first started writing about finances more than a decade ago, my understanding of life insurance was limited. I knew about life insurance because it was offered through my employer, and I thought a $50,000 policy was a lot of money. I also recognized … Continued

PCORI Fee Increase for Health Plans | New York Benefits Consultants

On November 5, 2018, the Internal Revenue Service (IRS) released Notice 2018-85 to announce that the health plan Patient-Centered Outcomes Research Institute (PCORI) fee for plan years ending between October 1, 2018 and September 30, 2019 will be $2.45 per plan participant. This is an increase from the prior year’s fee of $2.39 due to … Continued

OSHA’s Top 10 2018 Violations | NY Employee Benefits

OSHA released a preliminary list of its top 10 cited workplace safety violations for fiscal year 2018 (Oct. 1, 2017 – Sept. 30, 2018) last week at the National Safety Council Congress and Expo in Houston. Patrick Kapust, deputy director of OHSA’s Directorate of Enforcement Programs, presented the list, encouraging employers to use it as … Continued

Are You Ready for Election Day? | New York Benefits Agency

Election Day is next Tuesday, November 6. Do you know what provisions, if any, you must make to accommodate your employees’ rights to vote? Time off for voting is not a federal requirement; however, 30 states have voting leave laws impacting the workplace. These state laws vary significantly. Not all leave is required to be … Continued

8 Tips for Handling Tough Employee Conversations | NY Insurance Team

We all get cold feet when it comes to addressing difficult issues with colleagues in the workplace. It’s stressful, and you just can’t help but think of all of the ways that a well-meaning conversation could go sideways. You worry about the longer-lasting effects of a damaged work relationship but know that you must correct … Continued

Looking Backward to Plan Forward | NY Benefits Firm

We have entered Open Enrollment season and that means you and everyone in your office are probably reading through enrollment guides and trying to decipher it all. As you begin your research into which plan to choose or even how much to contribute to your Health Savings Account (HSA), consider evaluating how you used your … Continued

Healthcare Tax Repeal | New York Employee Benefits

Recently, the President signed a bill repealing the Affordable Care Act’s Individual Mandate (the tax penalty imposed on individuals who are not enrolled in health insurance). While some are praising this action, there are others who are concerned with its aftermath. So how does this affect you and why should you pay attention to this … Continued