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 2020. 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…
Author: GoupBenefitsNW
Supplemental Medical Insurance for Under 65
Navigating healthcare in Washington State is confusing but if you’re looking for supplemental health insurance and are under the age of 65 years than it’s even a bit more challenging. A great place to start is to answer a question with another question starting with, “do you need supplemental insurance or not?” Then as guide…
"My go-to guy for many years."
“If you have any questions about health insurance, Steve Brown of Group Benefits NW has been my go-to guy for many years. I’ve found him to be on the cutting edge of practical knowledge about all the current group plans and benefits, including the new cost-saving plans. When I refer a client to Steve, I…
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…