Table of Contents 1. Why Is an ROI Important for Employee Benefits Packages? 2. What Are the Best Ways To Maximize ROI for Employee Benefits Package? 3. How Would You
Table of Contents 1. What Are the Highlights From the 2024 Retirement Plan Limits? 2. How Much Can I Deduct From a Traditional IRA? 3. What Are the Phase-Out Ranges
Living with a chronic illness is a challenging journey that affects both the body and the mind. Individuals with chronic health conditions are at a higher risk of developing mental
By now, you may have heard of the drugs Ozempic and Wegovy as weight loss drugs. These GLP-1 drugs are growing in popularity and they’re also causing changes within corporate
Employee benefits benchmarking is a process where companies compare and evaluate their employee benefits packages against those offered by other companies in the same industry or region. Businesses do this
Open enrollment is a period in which individuals can sign up or make changes to their healthcare insurance or employee benefits plans. This includes health insurance, dental insurance, vision insurance,
Open enrollment is a period in which employees can enroll or make changes to their health insurance plans. This period typically occurs once a year and it can last up
In today’s interconnected world, businesses rely heavily on digital infrastructure and sensitive data, making cybersecurity of the utmost importance. Cyberattacks have unfortunately become increasingly frequent and sophisticated, posing significant financial
A new employment law is in effect in Florida that changes the hiring practices of private employers. House Bill 1617 and Senate Bill 1718 were passed into law on April
Caregiver benefits are a way to support people who are providing care for loved ones who are not able to care for themselves due to sickness, disability, or other reasons.
The IRS has recently announced the updated contribution limits for Health Savings Accounts (HSAs) and High Deductible Health Plans (HDHPs) for 2024. Due to ongoing high inflation rates, employees will
Having adequate access to healthcare can impact a person’s quality of life. How a person will afford healthcare is just as important. That’s why you should understand the difference between
Alltrust Insurance is thrilled to share some exciting news that will undoubtedly strike a chord with you all. We are delighted to announce that our partner Acrisure has acquired legendary
In May Florida Governor Ron DeSantis signed SB 1550 into law. The move enacted new guidelines for pharmacy benefit managers or PBMs. A pharmacy benefit manager’s role is to act
The human resources department has an essential role in a company’s ability to recruit and retain employees, maintain a healthy workplace culture and environment, and improve the company overall. HR
As we approach the hurricane season, it’s crucial for businesses to prioritize preparedness and take proactive measures to safeguard their employees and assets. The destructive power of hurricanes can be
Volunteerism has emerged as a powerful force that not only fosters goodwill but also brings about significant benefits for businesses. The act of generously offering time, skills, and talents to
In the fast-paced business world we find ourselves in today, organizations are constantly seeking ways to optimize their operations, streamline their processes, and increase overall efficiency. One area that often
Although the United States is not currently in a recession, we’re still experiencing times of economic uncertainty which has created hardships for businesses across many industries. In such times, companies
Over the last couple of years, we have experienced a shift in bringing awareness to mental health problems, especially in the workplace. One of the most prevalent issues employees face
In the past couple of years, companies have slowed down on hiring employees externally through traditional hiring methods. Rather, business leaders are electing to utilize quiet hiring, a trend that
Most businesses and individuals are already familiar with phishing—a cybercriminal attack leveraging fraudulent emails to manipulate recipients into sharing sensitive information. However, a new form of phishing called “smishing” has
ChatGPT and similar programs are at the forefront of conversations surrounding technology. It is a natural language chatbot that responds to users with imitated human dialogue. The sophisticated technology can
Cyber security is becoming an increasingly important aspect of running a business of any size. Some reports show a rise in cyber attacks against small businesses. According to the U.S.
The way that Americans think about the workplace has drastically changed since the COVID-19 pandemic. It highlighted new ways in which businesses can think about how they allow their employees
In January 2023, President Joe Biden announced that the U.S. government plans to end national and public health emergency declarations on May 11, 2023. These declarations were implemented at the
The Academy of Nutrition and Dietetics began National Nutrition Month to promote healthy eating and exercise habits. It started in 1973. Since then, the AND has announced a new theme
The Internal Revenue Service announced its plans to change how employers file reports for the Affordable Care Act (ACA). The new rule lowers the 250 return threshold for mandatory electronic
Losing your job-based health insurance can add more stress to an already stressful situation. This usually happens when someone’s employment ends with their company. According to one poll, 70% of
Seasonal employment involves hiring workers for a certain period of the year. It’s what some businesses may refer to as their “busy season.” Seasonal hiring is more commonly seen in
February is American Heart Month, making it the perfect time to go over health and wellness with your employees. Heart disease is a leading cause of death in the U.S.
The Affordable Care Act is a comprehensive healthcare reform measure enacted in March 2010. It is sometimes referred to as the ACA or “Obamacare”. According to the U.S. federal government,
As we move into 2023, companies have plenty of time to identify issues and implement changes to ensure the year ends better than before. Part of that includes honing in
History of Alltrust and Acrisure Partnership Eight years ago, Alltrust Insurance formed a partnership with Acrisure. Acrisure is a global fintech leader that has the unique ability to provide its
The last two years have created unprecedented changes in the work industry. The COVID-19 pandemic served as the impetus for many of these changes that are continuing into 2023. HR
Working during the holiday season can be difficult for employees. For many, what is supposed to be a happy time can be quite stressful. People may be thinking about how
A recent study found that 51 percent of HR professionals are concerned about quiet quitting. It refers to the practice many workers are adapting at their workplaces. Quiet quitting is
Employers often look for new and effective ways to improve their employees’ skill sets. It’s believed that doing so will help employees meet company standards and lower replacement costs. It
In response to inflation felt across the country, the Internal Revenue Service is making changes to the Flexible Spending Accounts and Health Savings Accounts. The new measures make for some
The end of the year marks a time of celebration and commemoration for most, but for business owners and executives, it’s a time for framing the upcoming year. However, it
The cost of health care is adding up for employers. Many believe they will see a six percent increase in the costs of health care by 2023. This comes after
Every 14 seconds, a ransomware attack happens somewhere in the world. Cybercriminals are becoming more sophisticated with their attacks as technology advances. More businesses are using the internet for their
Since 1985, October has been National Breast Cancer Awareness Month, thanks to the American Family of Physicians, AstraZeneca, Cancer Care Inc, and a few other sponsors. Today, we mark the
How to Accommodate Both The pandemic caused companies everywhere to adhere to unprecedented safety measures overnight. One of the many significant challenges companies faced was the location of the workspace.
Open enrollment will be here soon; now is the time to prepare. Under the Affordable Care Act (ACA), employers with 50 or more full-time employees must hold an open enrollment
The human resources department acts as a benefits broker for employees during open enrollment, and their role is vital for strong participation. In the previous blog, we discussed what open
With open enrollment around the corner, it’s time to cover the basics and how it will affect employees and businesses. It’s the best time for HR professionals to discuss and
The price of healthcare can be a challenge for many Americans. According to some polls, it ranks as a top financial worry for many families. One in four Americans say
Back-to-school season can bring added anxiety and stress for working parents trying to manage their time. From getting to work on time, setting up carpools, making lunches, and remaining productive
It seems that it is almost impossible to go about our day-to-day lives without technology. We walk around with our phones and rely on computers to complete work and personal
Table of Contents 1. Why Is an ROI Important for Employee Benefits Packages? 2. What Are the Best Ways To Maximize ROI for Employee Benefits Package? 3. How Would You
By now, you may have heard of the drugs Ozempic and Wegovy as weight loss drugs. These GLP-1 drugs are growing in popularity and they’re also causing changes within corporate
Employee benefits benchmarking is a process where companies compare and evaluate their employee benefits packages against those offered by other companies in the same industry or region. Businesses do this
Open enrollment is a period in which individuals can sign up or make changes to their healthcare insurance or employee benefits plans. This includes health insurance, dental insurance, vision insurance,
Open enrollment is a period in which employees can enroll or make changes to their health insurance plans. This period typically occurs once a year and it can last up
Caregiver benefits are a way to support people who are providing care for loved ones who are not able to care for themselves due to sickness, disability, or other reasons.
The IRS has recently announced the updated contribution limits for Health Savings Accounts (HSAs) and High Deductible Health Plans (HDHPs) for 2024. Due to ongoing high inflation rates, employees will
Having adequate access to healthcare can impact a person’s quality of life. How a person will afford healthcare is just as important. That’s why you should understand the difference between
In May Florida Governor Ron DeSantis signed SB 1550 into law. The move enacted new guidelines for pharmacy benefit managers or PBMs. A pharmacy benefit manager’s role is to act
The human resources department has an essential role in a company’s ability to recruit and retain employees, maintain a healthy workplace culture and environment, and improve the company overall. HR
As we approach the hurricane season, it’s crucial for businesses to prioritize preparedness and take proactive measures to safeguard their employees and assets. The destructive power of hurricanes can be
Volunteerism has emerged as a powerful force that not only fosters goodwill but also brings about significant benefits for businesses. The act of generously offering time, skills, and talents to
In the past couple of years, companies have slowed down on hiring employees externally through traditional hiring methods. Rather, business leaders are electing to utilize quiet hiring, a trend that
The way that Americans think about the workplace has drastically changed since the COVID-19 pandemic. It highlighted new ways in which businesses can think about how they allow their employees
In January 2023, President Joe Biden announced that the U.S. government plans to end national and public health emergency declarations on May 11, 2023. These declarations were implemented at the
Seasonal employment involves hiring workers for a certain period of the year. It’s what some businesses may refer to as their “busy season.” Seasonal hiring is more commonly seen in
February is American Heart Month, making it the perfect time to go over health and wellness with your employees. Heart disease is a leading cause of death in the U.S.
The Affordable Care Act is a comprehensive healthcare reform measure enacted in March 2010. It is sometimes referred to as the ACA or “Obamacare”. According to the U.S. federal government,
As we move into 2023, companies have plenty of time to identify issues and implement changes to ensure the year ends better than before. Part of that includes honing in
History of Alltrust and Acrisure Partnership Eight years ago, Alltrust Insurance formed a partnership with Acrisure. Acrisure is a global fintech leader that has the unique ability to provide its
A new employment law is in effect in Florida that changes the hiring practices of private employers. House Bill 1617 and Senate Bill 1718 were passed into law on April
How to Accommodate Both The pandemic caused companies everywhere to adhere to unprecedented safety measures overnight. One of the many significant challenges companies faced was the location of the workspace.
Open enrollment will be here soon; now is the time to prepare. Under the Affordable Care Act (ACA), employers with 50 or more full-time employees must hold an open enrollment
The price of healthcare can be a challenge for many Americans. According to some polls, it ranks as a top financial worry for many families. One in four Americans say
The Biden administration proposed a vaccine or test requirement for large private companies in which required that workers at businesses with 100 or more employees get vaccinated or submit a
Many small to midsize companies face internal dilemmas while trying to run a successful company and increase profits. A solution to this problem is hiring professional employer organizations (PEOs). A
The past year has brought several changes to the way we operate our businesses. However, one thing remains constant, many HR managers struggle with the complexities of navigating open enrollment.
Florida Amendment 2, the $15 Minimum Wage Initiative, was on this election’s ballot as an initiated constitutional amendment. On November 3rd, 2020, it was approved with just over 60% of
Since the beginning of the COVID-19 pandemic, we have been awaiting the development of a vaccine. Now that several vaccines have rolled out, the Centers for Disease Control and Prevention
The Americans with Disabilities Act of 1990 (ADA) makes it unlawful to discriminate against a qualified individual with a disability. This also applies to discrimination against individuals with disabilities in
As part of the Internal Revenue Service’s (IRS) continued response to the COVID-19 public health emergency, it released Notice 2020-29 on May 12, 2020. This Notice provides employer-sponsors with temporary flexibility
*Updated March 27, 2020 – On the evening of March 18, 2020, the President signed the Families First Coronavirus Response Act (the “Act”). It will go into effect on April 1, 2020*,
At the end of September 2019, the Department of Labor (DOL) issued a Final Rule on the threshold for employees to qualify for the “white-collar” exemptions from overtime pay. This
On July 23, 2019, the IRS issued Revenue Procedure 2019-2029 to index the contribution percentages in 2020 for purposes of determining the affordability of an employer’s plan under the ACA. These updated percentages are effective for taxable years and plan years beginning January 1, 2020.
Alltrust, a Tallahassee Employee Benefits Firm, hosted its initial seminar to help business owners understand recent updates to Healthcare Reform.
House lawmakers introduced legislation this week in a new attempt to repeal the Cadillac tax, the Affordable Care Act’s tax on high-cost health plans that has been a continuing pain point for employers. Read the full post to learn more.
Alltrust Insurance is excited to announce that Dan Posada now serves as the Vice President of Human Resources Consulting and Training.
Look Backward to Plan Forward
Employer Medicare Part D Notices Are Due Before October 15
Open enrollment is a period in which individuals can sign up or make changes to their healthcare insurance or employee benefits plans. This includes health insurance, dental insurance, vision insurance,
Having adequate access to healthcare can impact a person’s quality of life. How a person will afford healthcare is just as important. That’s why you should understand the difference between
Although the United States is not currently in a recession, we’re still experiencing times of economic uncertainty which has created hardships for businesses across many industries. In such times, companies
Over the last couple of years, we have experienced a shift in bringing awareness to mental health problems, especially in the workplace. One of the most prevalent issues employees face
The way that Americans think about the workplace has drastically changed since the COVID-19 pandemic. It highlighted new ways in which businesses can think about how they allow their employees
The Academy of Nutrition and Dietetics began National Nutrition Month to promote healthy eating and exercise habits. It started in 1973. Since then, the AND has announced a new theme
The Internal Revenue Service announced its plans to change how employers file reports for the Affordable Care Act (ACA). The new rule lowers the 250 return threshold for mandatory electronic
Losing your job-based health insurance can add more stress to an already stressful situation. This usually happens when someone’s employment ends with their company. According to one poll, 70% of
Seasonal employment involves hiring workers for a certain period of the year. It’s what some businesses may refer to as their “busy season.” Seasonal hiring is more commonly seen in
History of Alltrust and Acrisure Partnership Eight years ago, Alltrust Insurance formed a partnership with Acrisure. Acrisure is a global fintech leader that has the unique ability to provide its
The last two years have created unprecedented changes in the work industry. The COVID-19 pandemic served as the impetus for many of these changes that are continuing into 2023. HR
A recent study found that 51 percent of HR professionals are concerned about quiet quitting. It refers to the practice many workers are adapting at their workplaces. Quiet quitting is
Employers often look for new and effective ways to improve their employees’ skill sets. It’s believed that doing so will help employees meet company standards and lower replacement costs. It
The end of the year marks a time of celebration and commemoration for most, but for business owners and executives, it’s a time for framing the upcoming year. However, it
The human resources department acts as a benefits broker for employees during open enrollment, and their role is vital for strong participation. In the previous blog, we discussed what open
No matter the industry, great customer service is imperative for a business to thrive, especially in the insurance industry. Many potential customers base their purchasing decisions on how responsive and
The Biden administration proposed a vaccine or test requirement for large private companies in which required that workers at businesses with 100 or more employees get vaccinated or submit a
The pandemic has undeniably changed the workplace environment everywhere. Businesses have had to adapt to a remote and hybrid workplace to cope with drastic changes, while employers and employees alike
Private employers with more than 100 employees and federal contractors/subcontractors with 50 or more employees are required to submit certain demographic data to the Equal Employment Opportunity Commission (EEOC) annually.
The past year has brought several changes to the way we operate our businesses. However, one thing remains constant, many HR managers struggle with the complexities of navigating open enrollment.
Table of Contents 1. What Are the Highlights From the 2024 Retirement Plan Limits? 2. How Much Can I Deduct From a Traditional IRA? 3. What Are the Phase-Out Ranges
The IRS has recently announced the updated contribution limits for Health Savings Accounts (HSAs) and High Deductible Health Plans (HDHPs) for 2024. Due to ongoing high inflation rates, employees will
As we approach the hurricane season, it’s crucial for businesses to prioritize preparedness and take proactive measures to safeguard their employees and assets. The destructive power of hurricanes can be
In the past couple of years, companies have slowed down on hiring employees externally through traditional hiring methods. Rather, business leaders are electing to utilize quiet hiring, a trend that
The way that Americans think about the workplace has drastically changed since the COVID-19 pandemic. It highlighted new ways in which businesses can think about how they allow their employees
History of Alltrust and Acrisure Partnership Eight years ago, Alltrust Insurance formed a partnership with Acrisure. Acrisure is a global fintech leader that has the unique ability to provide its
In response to inflation felt across the country, the Internal Revenue Service is making changes to the Flexible Spending Accounts and Health Savings Accounts. The new measures make for some
The end of the year marks a time of celebration and commemoration for most, but for business owners and executives, it’s a time for framing the upcoming year. However, it
The cost of health care is adding up for employers. Many believe they will see a six percent increase in the costs of health care by 2023. This comes after
The price of healthcare can be a challenge for many Americans. According to some polls, it ranks as a top financial worry for many families. One in four Americans say
The rising cost of healthcare has left employers seeking alternative options for their employees instead of traditional health insurance. Different insurance choices are coming out every few years, but more
Managing your business’s payroll is one of the most critical components of having a successful organization. But sometimes, your current payroll vendor doesn’t meet your exact needs. Whatever the reason
Prescription drugs are meant to treat conditions, relieve pain, and improve health, but some medications are unattainable for many patients when drug prices are too high. Drug prices have been
In this modern era, technology has been significantly impactful to the success and growth of companies. Businesses worldwide have adapted to the digital world and technology has helped them maximize
Everyone is unique, and the same can be said for their health care needs. There isn’t a one-size-fits-all when it comes to health insurance coverage. More and more Americans are
It’s no secret—health care costs in the United States have risen sharply over the past two decades. A study by the Journal of the American Medical Association found that U.S.
If you desire the freedom of a self-funded insurance plan but need a little more certainty for your budgeting concerns, level funding might be the right fit for you. Level
The American Rescue Plan Act (ARPA), a $1.9 trillion relief bill, was signed by President Joe Biden on March 11, 2021. The bill includes extended unemployment benefits, direct checks to
By now you’ve heard of the term “gig economy” but you may not know what it means. Is it describing the economy of musicians as they work gigs? Does it
Professional Employer Organizations (PEOs) can provide companies with a myriad of human resources support. There are many advantages of PEOs but there may be a time where the PEO is no longer meeting your company’s needs. Read this article to learn about some of the most critical considerations when leaving a PEO.
In today’s interconnected world, businesses rely heavily on digital infrastructure and sensitive data, making cybersecurity of the utmost importance. Cyberattacks have unfortunately become increasingly frequent and sophisticated, posing significant financial
Most businesses and individuals are already familiar with phishing—a cybercriminal attack leveraging fraudulent emails to manipulate recipients into sharing sensitive information. However, a new form of phishing called “smishing” has
ChatGPT and similar programs are at the forefront of conversations surrounding technology. It is a natural language chatbot that responds to users with imitated human dialogue. The sophisticated technology can
The way that Americans think about the workplace has drastically changed since the COVID-19 pandemic. It highlighted new ways in which businesses can think about how they allow their employees
History of Alltrust and Acrisure Partnership Eight years ago, Alltrust Insurance formed a partnership with Acrisure. Acrisure is a global fintech leader that has the unique ability to provide its
Employers often look for new and effective ways to improve their employees’ skill sets. It’s believed that doing so will help employees meet company standards and lower replacement costs. It
Every 14 seconds, a ransomware attack happens somewhere in the world. Cybercriminals are becoming more sophisticated with their attacks as technology advances. More businesses are using the internet for their
The 2022 hurricane season is upon us and the most efficient way to ensure the protection of your employees and business is by preparing early. In the past, businesses have
In this modern era, technology has been significantly impactful to the success and growth of companies. Businesses worldwide have adapted to the digital world and technology has helped them maximize
The pandemic has undeniably changed the workplace environment everywhere. Businesses have had to adapt to a remote and hybrid workplace to cope with drastic changes, while employers and employees alike
According to the Federal Trade Commission (FTC), approximately nine million identities are stolen every year. Although this crime is usually repairable, it can cost you thousands in extraneous fees to
Following the COVID-19 pandemic, occupational burnout has been on the rise. While getting burnt out from work isn’t a new issue, it has become more prevalent in today’s society. According
This past year and a half has brought a few changes to the way businesses operate, and open enrollment during a pandemic added to the struggles. Businesses and organizations had
As technology continues to evolve, doctors are finding more ways to efficiently and conveniently care for their patients. One such way is through telemedicine—a form of technology-based communication that allows
May is mental health awareness month, and it’s the perfect time for personal growth. Throughout this month, we must embrace our physical and mental well-being to achieve optimal health and
The COVID-19 pandemic has caused turmoil for many businesses across the country. A little over a year ago, this unforeseen pandemic changed the way we conduct business and many companies
We have recently passed the one-year anniversary of the COVID-19 pandemic. Although vaccination campaigns are well underway throughout the country, many companies are still struggling with the stress and anxiety
According to the Federal Trade Commission (FTC), over 13 million Americans fall victim to identity theft each year. Although this crime is usually repairable, it can cost you thousands in
The current COVID-19 pandemic has caused businesses to become increasingly reliant on the internet to conduct operations. Unfortunately, with the growing dependence on computers there has also been an increase
The hardest thing about the future of work is defining the concept. The chief reason has to do with change. It’s constant with new technologies coming online at an increasing
This past year and a half has brought a few changes to the way businesses operate, and open enrollment during a pandemic added to the struggles. Businesses and organizations had
Finding the right health care benefit plan that fits you and your organizations’ needs can be stressful with some plans containing certain components that you might not need. And with
The Federal Trade Commission (FTC) reports that over 13.1 million Americans are victims of identity theft each year. As a result, they are left unable to use their credit cards,
Life insurance is never a fun topic to think about, and it may seem like an unnecessary expense. But if you have people who depend on you for financial support,
Private employers with more than 100 employees and federal contractors/subcontractors with 50 or more employees are required to submit certain demographic data to the Equal Employment Opportunity Commission (EEOC) annually.
Offering voluntary benefits is a great way to enhance your benefits package, stand out from the competition, and increase employee satisfaction — all with minimal impact to your budget. Although
This year, the COVID-19 pandemic forced companies to change the way in which they conduct business. While some companies were able adapt to a new business world in order to
This year’s holiday season is upon us and most of us are looking forward to enjoying the festivities, spending time with loved ones, and relaxing from what has been a
Depending on the type of life insurance policy you have, you could be covered anywhere between one year and the rest of your life, depending on if you have term or
Recently, the “Happiest Place on Earth” wasn’t living up to its name for many families. For almost a full year, malicious software had been installed on point-of-sale systems at several Earl
We’ve all heard the saying “A dog is a man’s best friend” and we know it’s true! Pets give us unconditional love, companionship, and joy. But, are we willing to
Cybercriminals are focusing on users of company networks as a weak link in the security infrastructure chain. Technologies help filter out malicious content and defend against a growing variety of threats, but technology alone cannot stop humans from clicking on the wrong links.
Alltrust Sponsors Tidewell Hospice Signature Luncheon
Two Tips to Make Your Renewal Run Smoothly
At Alltrust, giving back is part of our company makeup. Sr Benefits Consultant Steve Hall exemplifies this ideal by supporting unemployed military veterans.
