Life happens. Things happen every day that we rarely give a second thought to as we go about our daily routines. High impact life events are another story. Not only do they disrupt our daily routine, but they can stop us dead in our tracks and affect every aspect of our lives: physically, emotionally, financially and even socially. Even planning for an expected event can seem to be overwhelming and disruptive. When a high impact life event happens to an employee, the effects can ripple throughout the workplace. The distractions of the event can cause performance issues, absenteeism and presenteeism. Supervisors and HR traditionally have dealt with these issues through corrective actions, up
We often think of life insurance as an option for income replacement in the event of your death; a policy for your loved ones to be able to maintain their standard of living once you are gone. But what if you are nearing or in retirement and no longer have those concerns? The one big final expense in your future is the cost of your burial. Have you set aside the funds for your family to cover the actual cost of your death? Laura Adams, senior insurance analyst at InsuranceQuotes discussed with FOX Business what you need to know if you are looking for insurance to cover your final expense: your death. What is funeral insurance and what are the different options? Funeral insurance is also know
Plan sponsors started to introduce HSAs in 2005, and most providers and sponsors initially explained HSAs as an FSA look-a-like or as a kind of “super” FSA, and not as a long-term savings account. Health Savings Accounts (HSAs) offer employers and their employees access to a great savings vehicle. However, we find that they continue to be widely misunderstood. The Plan Sponsor Council of America’s HSA committee offers these solutions to common HSA pain points. Here are eight pain points and how to approach them, to use now or at your next open enrollment: Headache #1: HSA and FSA confusion An HSA is not the same as a Flexible Spending Account (FSA). The FSA basics have mostly been unchanged
