Understanding Your Health Benefits

A Brief History Already under scrutiny, when the Studebaker Car Manufacturing company closed and couldn’t fulfill its pension promises to its thousands of employees during the 1960s, the event was a catalyst for citizens and politicians alike to demand pension reform. Enacted and signed into law by President Ford on Labor Day 1974, the Employee…

Important Numbers for 2019

The Internal Revenue Service announced some very important number companies and employees need to know about health savings accounts, 401(k)s and flexible spending accounts. Note: All of the changes take place in January 2019. 401(k) Pre Tax Limit Increases – Pre-tax contribution limits for employees who participate in a 401(k), 403(b) and most 457 plans increases…