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…
Category: News
Group health insurance news and resources by Group Benefits Northwest. Seattle area benefits broker since 1984.
HSA Are A Healthcare Cost Savings Solution
What is an HSA? “HSAs or Health Savings Accounts, are probably one of the less utilized solutions in the marketplace today even though they’ve been in effect for 10 years, ” says Steve Brown, Owner and Principle Broker at Group Benefits Northwest. “An HSA is a bank account that you put money into, pre-tax, for…
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…
Coverage For Your Employees
Are you looking for health insurance coverage for your employees? Give us a call in Seattle at (206) 910-4630 or in Mount Vernon at (360) 419-9999. Group Benefits Northwest has provided health insurance and group benefit plans to Whatcom, Skagit, Snohomish and King County small and midsize companies for 35 years. Partnering with trusted insurance providers,…