What are State-Mandated Retirement Plans + Which States Have Them?

September 27, 2022

Did you know the average working household has virtually no retirement savings? Additionally, only four in 10 businesses with fewer than 100 employees offer retirement benefits. The mounting issue has led to many states instituting state-mandated retirement plans. While a retirement plan is essential to every employer’s benefits package, it is not always easy and… Read More »

7 Must-have Employee Benefits & Perks for 2022

March 23, 2022
7 Must-have Employee Benefits & Perks for 2022

Most employers are feeling the heat when it comes to standing out and attracting top notch candidates. Now, the best talent expects employers to put their money where their mouth is with meaningful employee benefits and perks. Offering a high-quality benefits package is crucial not only for attracting stellar candidates, but also for employee retention.… Read More »

Fully-Insured vs. Self-Insured Health Plans: What’s the Difference?

December 21, 2021
Fully-Insured vs. Self-Insured Health Plans: What’s the Difference?

Employers have options for selecting what type of health insurance they offer employees. At the highest level, they need to choose between a fully-insured vs. self-insured plan.  So, what exactly are these? Simply put: In a fully-insured plan, the employer purchases insurance from an insurance company. This is the traditional and most common insurance model.… Read More »

Health Care Quandary: What’s the Difference Between an HSA and FSA?

November 24, 2021
Health Care Quandary: What’s the Difference Between an HSA and FSA?

Whether you’re an employer who wants to educate employees on the difference between a Flexible Spending Account (FSA) and Health Savings Account (HSA) or an employee considering the pros and cons of these accounts, it’s crucial to understand them. Both employee benefits offer tax advantages, as the contributions are made on a pre-tax basis. However,… Read More »

Easy Guide to Paid Leave Policies: PTO vs. Sick Leave vs. Vacation

November 16, 2021
Easy Guide to Paid Leave Policies: PTO vs. Sick Leave vs. Vacation

What is the difference between paid time off (PTO), paid sick leave, paid vacation, and paid personal leave? And how do you know which type of paid leave program you should offer?  Don’t worry—it doesn’t have to be too complicated. On a high level, employers have two options: Either institute an overarching PTO policy or… Read More »

A Complete Guide to the MA Paid Family & Medical Leave

June 8, 2021
MA Paid Family and Medical Leave

Employers and employees alike have probably heard talk of the recent Massachusetts Paid Family and Medical Leave. While companies must be aware of this benefit and how it works, it’s also crucial that employees understand the leave program and how they can use it. Our guide for employees, we’re breaking it down by five of… Read More »

All You Need to Know About S Corp Health Insurance

April 21, 2021
All You Need to Know About S Corp Health Insurance

If you are forming your new company, you are probably considering which business structure will provide the most appropriate legal and financial protections for you—LLC, S corporation, C corporation, or sole proprietorship. Many entrepreneurs choose an S corp, which is a great option for small businesses because:  They don’t have to pay corporate income tax.… Read More »