2340 Detroit Ave, 3rd Floor Maumee, OH 43537 | Phone: 419-535-5502

Are you addressing your employee’s financial health? | Ohio Benefit Advisors

The importance of health and wellness in the workplace is more apparent than ever. It’s obvious why healthy individuals make better employees and the positive impact this has on your bottom line. When thinking about building a program to improve the well-being of your employees, don’t forget about the importance of their financial health.In recent … Continued

SSA Announces Higher Incomes Subject to Payroll Tax in 2017 | Ohio Benefit Advisors

On October 18, 2016, the Social Security Administration (SSA) announced the maximum amount of earnings that are subject to the Social Security payroll tax will increase in 2017 to $127,200. This adjustment is effective as of January 1, 2017 and equates an $8,700 increase from the maximum for years 2015 and 2016, which was $118,500. … Continued

IRS Issues Second Notice to Assist in Developing Cadillac Tax Regulations | Ohio Benefits Broker

By Danielle Capilla, Chief Compliance Officer at United Benefit Advisors The IRS has issued its second notice regarding the upcoming implementation of the Patient Protection and Affordable Care Act’s (ACA) excise tax on high cost employer-sponsored health coverage, also known as the “Cadillac tax.” Beginning in 2018, plans that provide coverage that exceeds a threshold … Continued

5500 Due Date Approaching | Maumee Benefits Broker

Generally, plans that must comply with ERISA must file a Form 5500 by the last day of the seventh month after the close of their plan year. For calendar year plans this means the due date for the Form 5500 is July 31. Government plans (which includes most public schools) generally do not need to … Continued

American Workers More Physically than Financially Fit

American employees see themselves as more physically fit (57 percent) than financially fit (28 percent), according to new research from the Principal Financial Well-Being Index: American workers. Read full article here…

Follow this Record Retention Checklist

The IRS Wednesday issued its yearly changes to health spending account contribution limits and out-of-pocket maximums to adjust for cost-of-living.

Target Date Fund Investors More Confident About Reaching Retirement Goals

Individuals investing in a target date fund within their workplace defined contribution (DC) retirement plan feel more confident about investing and meeting their retirement goals than those that don’t use target date funds, according to recently updated survey results from Voya Financial’s Investment Management business.

Biggest boomer retirement regrets

The last of the baby boomer generation will be turning 50 this year, and it’s time for them to get a fix on how they are going to prepare for retirement. Fortunately, there are valuable lessons, financial and otherwise, to be learned from those who have already reached their later years.

More Time Spent Finding A Restaurant Than Planning An IRA

According to TIAA-CREF’s annual IRA survey, adults in the U.S. spend more time choosing a restaurant for a special occasion than they do for planning their IRA. Read more…

Financial fears have many workers planning to delay retirement

Although U.S. workers on a whole are more satisfied with their current financial situation than in years past, most (58%) remain concerned about financial stability in retirement and say they plan to continue working until age 70 or later, a new Towers Watson survey shows.

Top