Open Enrollment is an excellent time for employee’s to learn how to take advantage of options to save money. However it is often faced with dread and robotic decisions. According to Bob Armour at HR Executive, Open Enrollment could be renamed/rebranded Annual Financial Checkup. Whatever you re-brand your open enrollment, be sure it will guide more…
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Will long-term care costs drain your bank account in retirement?
Will long-term costs drain your bank account in retirement? by Liz Weston of NerdWallet Many people are frightened of long-term care costs — for good reason. Most people over 65 eventually will need help with daily living tasks, such as bathing, eating or dressing. Men will need assistance for an average of 2.2 years, while more…
Common Voluntary Benefits and Measuring Outcomes
As health care costs continue to rise, so has the demand for voluntary benefits. Since many employers find it increasingly difficult to provide employees with a complete benefit package, voluntary benefits have become an ideal solution. Voluntary benefits allow employers to offer benefits that are attractive to employees without added cost to the company. more…
How Long Term Care Works and Why it is an Important Benefit
Long-term care insurance is a benefit that allows employers to attract and retain top performers. A recent survey from the Employee Benefit Research Institute revealed that 22 percent of companies offer long-term care insurance to their employees. Here are the questions most often asked: What is long-term care? What is long-term care insurance? How does more…