Slides from a presentation given by Will Lovegrove at the CIPP / AAT event (3rd March 2016) on "automatic enrolment for agents". It summarises the tactics and strategies currently employed by successful payroll agents to efficiently administer AE for their clients. Including:
- Service Design
- Service Pricing
- Choosing a pension scheme
- Choosing software
The document outlines what benefits the employee benefits package from Purple Cow provides for different stakeholders. For employees, it provides a comprehensive benefits package including life, accident, and medical insurance. For HR, it offers an integrated benefits package to help with recruitment and retention, as well as simplified administration. For finance, it controls healthcare costs through pooled risk and various payment options. The CEO benefits from happier employees, HR, and finance.
Health insurance has a language all its own.
Understanding how your insurance plan works
is something every American needs to master.
These terms are important to know to get the
most out of your health care coverage.
2016 Beneplan HR Workshop - How health & dental premiums and renewals are cal...Beneplan
Beneplan demystifies the Canadian health insurance / group benefits renewal process with insurance companies. In this presentation, Beneplan explains the math behind renewals and how a plan sponsor can understand if the quote they've received from a health insurance company is fair, or if it contains a 'marketing discount' which will evaporate at the first renewal.
For Those Who Want to Prosper & Thrive in Retirementfreddysaamy
http://ekinsurance.com/financial/retirement/
Our core capital should be designed to outlive us. In fact, it’s important for you to start thinking about your money in terms of it outliving you, not the other way around. You don’t want to outlive your money.
The document discusses how to help people make good financial decisions through engaging, educating, and empowering them. It presents the "three E's" approach of first engaging people through face-to-face interactions. Once engaged, the next step is to educate people using clear, simple explanations. The final step is to empower people by providing helpful guidance to take action. Specific examples are provided of how to educate people about minimizing taxes when drawing from a pension and how to use a "tax muppetometer" tool to help people decide how best to withdraw funds from their pension pot. The overall goal is to give people the confidence and ability to make good financial choices.
The document discusses issues with the UK's pension system, including problems with pension taxation rules. It outlines three options the government could take to address taxation issues: tweaking the current rules, moving to a flat-rate system, or adopting an ISA-style system. It also discusses using technology to help people better manage pensions, such as consolidating pots, choosing investments, and creating retirement plans. The document raises questions about whether taxation issues can be solved, whether savers can be taught to invest, whether people really want pension freedoms, and whether technology can help restore confidence in pensions.
- People tend to discount future rewards and prefer immediate rewards, meaning they are more likely to cancel a future vacation for an even better future vacation rather than cancel a soon vacation for a better future one. This "hyperbolic discounting" can lead to overconsumption and under-saving.
- Automatic enrollment and automatic contribution increases in retirement plans can help counter this tendency by making saving the default option and gradually increasing contributions over time in a way that feels low-cost to employees.
- A real 401(k) plan found that participants in a program with automatic contribution escalators had the highest savings rates that were sustained over time, showing the effectiveness of this pre-commitment approach.
Slides from a presentation given by Will Lovegrove at the CIPP / AAT event (3rd March 2016) on "automatic enrolment for agents". It summarises the tactics and strategies currently employed by successful payroll agents to efficiently administer AE for their clients. Including:
- Service Design
- Service Pricing
- Choosing a pension scheme
- Choosing software
The document outlines what benefits the employee benefits package from Purple Cow provides for different stakeholders. For employees, it provides a comprehensive benefits package including life, accident, and medical insurance. For HR, it offers an integrated benefits package to help with recruitment and retention, as well as simplified administration. For finance, it controls healthcare costs through pooled risk and various payment options. The CEO benefits from happier employees, HR, and finance.
Health insurance has a language all its own.
Understanding how your insurance plan works
is something every American needs to master.
These terms are important to know to get the
most out of your health care coverage.
2016 Beneplan HR Workshop - How health & dental premiums and renewals are cal...Beneplan
Beneplan demystifies the Canadian health insurance / group benefits renewal process with insurance companies. In this presentation, Beneplan explains the math behind renewals and how a plan sponsor can understand if the quote they've received from a health insurance company is fair, or if it contains a 'marketing discount' which will evaporate at the first renewal.
For Those Who Want to Prosper & Thrive in Retirementfreddysaamy
http://ekinsurance.com/financial/retirement/
Our core capital should be designed to outlive us. In fact, it’s important for you to start thinking about your money in terms of it outliving you, not the other way around. You don’t want to outlive your money.
The document discusses how to help people make good financial decisions through engaging, educating, and empowering them. It presents the "three E's" approach of first engaging people through face-to-face interactions. Once engaged, the next step is to educate people using clear, simple explanations. The final step is to empower people by providing helpful guidance to take action. Specific examples are provided of how to educate people about minimizing taxes when drawing from a pension and how to use a "tax muppetometer" tool to help people decide how best to withdraw funds from their pension pot. The overall goal is to give people the confidence and ability to make good financial choices.
The document discusses issues with the UK's pension system, including problems with pension taxation rules. It outlines three options the government could take to address taxation issues: tweaking the current rules, moving to a flat-rate system, or adopting an ISA-style system. It also discusses using technology to help people better manage pensions, such as consolidating pots, choosing investments, and creating retirement plans. The document raises questions about whether taxation issues can be solved, whether savers can be taught to invest, whether people really want pension freedoms, and whether technology can help restore confidence in pensions.
- People tend to discount future rewards and prefer immediate rewards, meaning they are more likely to cancel a future vacation for an even better future vacation rather than cancel a soon vacation for a better future one. This "hyperbolic discounting" can lead to overconsumption and under-saving.
- Automatic enrollment and automatic contribution increases in retirement plans can help counter this tendency by making saving the default option and gradually increasing contributions over time in a way that feels low-cost to employees.
- A real 401(k) plan found that participants in a program with automatic contribution escalators had the highest savings rates that were sustained over time, showing the effectiveness of this pre-commitment approach.
How to negotiate benefits like a Fortune 500 Company Beneplan
The document discusses the Beneplan Co-operative, which is a member-owned cooperative that negotiates lower insurance fees and premiums for its small and medium-sized employer members by leveraging their combined volume. It explains how large employers are able to negotiate better deals from insurance companies and outlines some of the strategies and benefits Beneplan uses to achieve similar savings and returns for its members, such as negotiating reserves, trends, premium refunds, and perks. The document also provides examples of savings and refunds received by some CIFFA member companies that participate in the Beneplan Co-operative.
School Bus Drivers Health Plan Ibt Brand3froster007
The document discusses a health plan for newly organized bus drivers being negotiated by the International Brotherhood of Teamsters. Key points include:
- The Teamsters are organizing bus drivers across the country and negotiating health benefits is an important part of this strategy.
- The IBT Voluntary Employee Benefit Trust is willing to assume the risk of covering these newly organized workers under certain conditions to offer the best benefits at a low cost.
- Several plan design options and contribution requirements are presented for negotiators to consider, including monthly composite rates and sample bargaining language.
Health Savings Accounts (HSAs) allow individuals to set aside pre-tax funds that can be used to pay for qualified medical expenses. To qualify for an HSA, an individual must have a high-deductible health plan. Funds in the HSA can be used tax-free to pay for expenses, and unused funds roll over year to year. HSAs provide a triple tax advantage by allowing pre-tax contributions, tax-free growth and withdrawals. HSAs can be used to pay current medical costs or saved for future qualified retirement health expenses. Contribution limits and eligible medical expenses are set annually by the IRS.
HSA vs FSA - 5 Reasons HSA's Will Replace FSA's HSA Coach
This document compares Health Savings Accounts (HSAs) and Flexible Spending Accounts (FSAs), giving 5 reasons why HSAs are better. HSAs can be rolled over each year without penalties, are portable, can be invested like retirement accounts to grow over decades, help plan for future retirement health expenses, and allow choice of provider. In contrast, FSAs must be used each year or funds are forfeited, are owned by employers, do not earn interest or grow long-term, and expire each year. The document recommends considering HSAs for budgeting given rising healthcare costs and their unmatched savings and growth features compared to FSAs.
Beneplan : The Future of Canadian Benefits 2017Beneplan
At Beneplan, we're asking ourselves: how possible are these future benefits scenarios?
- WeChat taking over as a group benefits insurer
- AI and Chatbots running your benefit plan
- Medical marijuana being a covered benefit
- Pharmacogenetics being part of a benefit plan
- A shift towards more mutualization and co-operation
- More use of the Reformulary drug plan
- Total rewards dashboards (SAAS)
- The most knowledgeable brokers becoming more relevant
O documento é uma coleção de conselhos e reflexões de Mario Quintana sobre amor, relacionamentos e coração partido. Ele discute como o amor pode ser complexo, doloroso mas também lindo quando compartilhado com a pessoa certa de forma sincera e realista. Quintana encoraja aqueles com o coração partido a não permitirem que a dor dure para sempre e a aprenderem a viver e amar novamente.
The document discusses studying online at NCU and provides information about online classes. It mentions that after finishing the current term, students will begin studying online. It provides details about online discussion forums, using message systems, researching in the NCU library, managing credits for online vs in-person courses, and the importance of English skills for inviting foreign professors. The document also addresses questions about small groups passing certification to continue classes and improving self-study and teamwork skills.
Este documento describe las muchas formas en que alguien puede ser fuerte, incluyendo amar en silencio, fingir felicidad cuando se está triste, perdonar a quien no lo merece, mantener la esperanza cuando es difícil, mantener la calma en momentos de desesperación, sonreír cuando se quiere llorar, hacer feliz a otros aunque uno mismo no lo esté, y tener fe incluso cuando es difícil creer. En resumen, ser fuerte se trata de amar, luchar por los ideales y mantener la fortaleza a pesar de las
Este documento establece las reglas para la selección de candidatos a cargos de elección popular por parte del Partido Acción Nacional en México. Regula los derechos y obligaciones de los miembros del partido que buscan una candidatura, así como la organización de los procesos internos de selección de candidatos y el sistema para impugnar las decisiones de los órganos electorales internos del partido. También describe la composición y funcionamiento de la Comisión Nacional de Elecciones responsable de la aplicación de este reglamento.
Este documento apresenta o Referencial de Competências-Chave para a Educação e Formação de Adultos ao Nível Secundário. Ele foi desenvolvido pela Direção-Geral de Formação Vocacional e contém informações sobre as áreas de Cidadania e Profissionalidade, Sociedade, Tecnologia e Ciência, e Cultura, Língua e Comunicação.
El estudiante al final del modulo estará en capacidad de realizar un plan de medios aplicativos y uprising aplicado para generar posicionamiento y respuesta en la compra de bienes y servicios, de la empresa donde labora generando estrategias corporativas a largo plazo.
A pesquisa eleitoral para governador de Minas Gerais lista os candidatos e suas intenções de voto, tendo sido realizada entre 21 e 23 de junho de 2008 e divulgada entre 21 e 23 de junho e 23 e 24 de julho pela Folha de S.Paulo e O Tempo.
The document discusses health insurance and high deductible health plans (HDHP). It provides comparisons of premium costs for single, single+1, and family coverage under different plans. It also discusses health savings accounts (HSAs) which can be used to pay for medical expenses with pre-tax dollars when paired with a HDHP. The document recommends maximizing contributions to retirement accounts, then an HSA, and maintaining good health habits.
Advanced Battery Technologies is holding its annual open enrollment for the upcoming plan year. Employees can choose from four medical plans - a Traditional plan, two High Deductible Health Plans, and a new HMO plan. The company also offers dental and vision insurance that employees pay for, as well as disability, life, and other benefits that the company pays for. The open enrollment materials provide details about costs and coverage for each medical plan option.
The document summarizes benefit plan renewals and changes for A.D. Farrow Co. associates. It includes:
- Reinstatement of a 401(k) employer matching contribution of up to 1.5% of pay.
- Renewal with Anthem as the health insurance provider, offering a traditional plan (OPTION 1) and a new HSA plan (OPTION 2) with lower premiums but higher deductibles.
- Open enrollment will take place from May 6-28, during which associates must enroll or re-enroll in benefits.
Presentation to show how a High Deductible Health Plan paired with an HRA or HSA can allow an employer to maintain medical benefits while savings 10% or more
The document provides information about benefit plans and elections for Advanced Battery Technologies employees. It outlines the plan year and deductible periods for medical benefits, as well as times when employees can make changes to their pre-tax benefits. Qualifying life events that allow mid-year benefit changes are also defined. The summary also reviews the company's benefit offerings, including medical, dental, vision, life and disability insurance, retirement plans, and flexible spending accounts. Details are provided on the various medical plan options, associated costs, and key features of the dental, vision, life and disability benefits.
A brief description of how using an HSA in conjuction with a qualifed major medical HDHP can help control premiums and put you the consumer back in control of your healthcare dollars. Currently 9 million people enrolled in an HSA qualified plan.
Personal Benefits Plan- Employer PresentationMinal Jalil
This presentation explains to an employer the benefits of the AHR Personalized Benefits Plan for their business and employees. For more information, please visit us at ahr.net
The document describes a Personal Benefits Plan as an alternative to traditional group health insurance. It allows employers to fund individual Benefits Savings Accounts for each employee, which the employee can then use to purchase their own health insurance and other benefits. This exempts the employer from many Affordable Care Act requirements for group plans. The Personal Benefits Plan is presented as offering lower costs, more choice and flexibility for employees, and simplifying administration compared to group health insurance. Expert advisors help employees select the health insurance and benefits that best fit their individual needs and circumstances.
How to negotiate benefits like a Fortune 500 Company Beneplan
The document discusses the Beneplan Co-operative, which is a member-owned cooperative that negotiates lower insurance fees and premiums for its small and medium-sized employer members by leveraging their combined volume. It explains how large employers are able to negotiate better deals from insurance companies and outlines some of the strategies and benefits Beneplan uses to achieve similar savings and returns for its members, such as negotiating reserves, trends, premium refunds, and perks. The document also provides examples of savings and refunds received by some CIFFA member companies that participate in the Beneplan Co-operative.
School Bus Drivers Health Plan Ibt Brand3froster007
The document discusses a health plan for newly organized bus drivers being negotiated by the International Brotherhood of Teamsters. Key points include:
- The Teamsters are organizing bus drivers across the country and negotiating health benefits is an important part of this strategy.
- The IBT Voluntary Employee Benefit Trust is willing to assume the risk of covering these newly organized workers under certain conditions to offer the best benefits at a low cost.
- Several plan design options and contribution requirements are presented for negotiators to consider, including monthly composite rates and sample bargaining language.
Health Savings Accounts (HSAs) allow individuals to set aside pre-tax funds that can be used to pay for qualified medical expenses. To qualify for an HSA, an individual must have a high-deductible health plan. Funds in the HSA can be used tax-free to pay for expenses, and unused funds roll over year to year. HSAs provide a triple tax advantage by allowing pre-tax contributions, tax-free growth and withdrawals. HSAs can be used to pay current medical costs or saved for future qualified retirement health expenses. Contribution limits and eligible medical expenses are set annually by the IRS.
HSA vs FSA - 5 Reasons HSA's Will Replace FSA's HSA Coach
This document compares Health Savings Accounts (HSAs) and Flexible Spending Accounts (FSAs), giving 5 reasons why HSAs are better. HSAs can be rolled over each year without penalties, are portable, can be invested like retirement accounts to grow over decades, help plan for future retirement health expenses, and allow choice of provider. In contrast, FSAs must be used each year or funds are forfeited, are owned by employers, do not earn interest or grow long-term, and expire each year. The document recommends considering HSAs for budgeting given rising healthcare costs and their unmatched savings and growth features compared to FSAs.
Beneplan : The Future of Canadian Benefits 2017Beneplan
At Beneplan, we're asking ourselves: how possible are these future benefits scenarios?
- WeChat taking over as a group benefits insurer
- AI and Chatbots running your benefit plan
- Medical marijuana being a covered benefit
- Pharmacogenetics being part of a benefit plan
- A shift towards more mutualization and co-operation
- More use of the Reformulary drug plan
- Total rewards dashboards (SAAS)
- The most knowledgeable brokers becoming more relevant
O documento é uma coleção de conselhos e reflexões de Mario Quintana sobre amor, relacionamentos e coração partido. Ele discute como o amor pode ser complexo, doloroso mas também lindo quando compartilhado com a pessoa certa de forma sincera e realista. Quintana encoraja aqueles com o coração partido a não permitirem que a dor dure para sempre e a aprenderem a viver e amar novamente.
The document discusses studying online at NCU and provides information about online classes. It mentions that after finishing the current term, students will begin studying online. It provides details about online discussion forums, using message systems, researching in the NCU library, managing credits for online vs in-person courses, and the importance of English skills for inviting foreign professors. The document also addresses questions about small groups passing certification to continue classes and improving self-study and teamwork skills.
Este documento describe las muchas formas en que alguien puede ser fuerte, incluyendo amar en silencio, fingir felicidad cuando se está triste, perdonar a quien no lo merece, mantener la esperanza cuando es difícil, mantener la calma en momentos de desesperación, sonreír cuando se quiere llorar, hacer feliz a otros aunque uno mismo no lo esté, y tener fe incluso cuando es difícil creer. En resumen, ser fuerte se trata de amar, luchar por los ideales y mantener la fortaleza a pesar de las
Este documento establece las reglas para la selección de candidatos a cargos de elección popular por parte del Partido Acción Nacional en México. Regula los derechos y obligaciones de los miembros del partido que buscan una candidatura, así como la organización de los procesos internos de selección de candidatos y el sistema para impugnar las decisiones de los órganos electorales internos del partido. También describe la composición y funcionamiento de la Comisión Nacional de Elecciones responsable de la aplicación de este reglamento.
Este documento apresenta o Referencial de Competências-Chave para a Educação e Formação de Adultos ao Nível Secundário. Ele foi desenvolvido pela Direção-Geral de Formação Vocacional e contém informações sobre as áreas de Cidadania e Profissionalidade, Sociedade, Tecnologia e Ciência, e Cultura, Língua e Comunicação.
El estudiante al final del modulo estará en capacidad de realizar un plan de medios aplicativos y uprising aplicado para generar posicionamiento y respuesta en la compra de bienes y servicios, de la empresa donde labora generando estrategias corporativas a largo plazo.
A pesquisa eleitoral para governador de Minas Gerais lista os candidatos e suas intenções de voto, tendo sido realizada entre 21 e 23 de junho de 2008 e divulgada entre 21 e 23 de junho e 23 e 24 de julho pela Folha de S.Paulo e O Tempo.
The document discusses health insurance and high deductible health plans (HDHP). It provides comparisons of premium costs for single, single+1, and family coverage under different plans. It also discusses health savings accounts (HSAs) which can be used to pay for medical expenses with pre-tax dollars when paired with a HDHP. The document recommends maximizing contributions to retirement accounts, then an HSA, and maintaining good health habits.
Advanced Battery Technologies is holding its annual open enrollment for the upcoming plan year. Employees can choose from four medical plans - a Traditional plan, two High Deductible Health Plans, and a new HMO plan. The company also offers dental and vision insurance that employees pay for, as well as disability, life, and other benefits that the company pays for. The open enrollment materials provide details about costs and coverage for each medical plan option.
The document summarizes benefit plan renewals and changes for A.D. Farrow Co. associates. It includes:
- Reinstatement of a 401(k) employer matching contribution of up to 1.5% of pay.
- Renewal with Anthem as the health insurance provider, offering a traditional plan (OPTION 1) and a new HSA plan (OPTION 2) with lower premiums but higher deductibles.
- Open enrollment will take place from May 6-28, during which associates must enroll or re-enroll in benefits.
Presentation to show how a High Deductible Health Plan paired with an HRA or HSA can allow an employer to maintain medical benefits while savings 10% or more
The document provides information about benefit plans and elections for Advanced Battery Technologies employees. It outlines the plan year and deductible periods for medical benefits, as well as times when employees can make changes to their pre-tax benefits. Qualifying life events that allow mid-year benefit changes are also defined. The summary also reviews the company's benefit offerings, including medical, dental, vision, life and disability insurance, retirement plans, and flexible spending accounts. Details are provided on the various medical plan options, associated costs, and key features of the dental, vision, life and disability benefits.
A brief description of how using an HSA in conjuction with a qualifed major medical HDHP can help control premiums and put you the consumer back in control of your healthcare dollars. Currently 9 million people enrolled in an HSA qualified plan.
Personal Benefits Plan- Employer PresentationMinal Jalil
This presentation explains to an employer the benefits of the AHR Personalized Benefits Plan for their business and employees. For more information, please visit us at ahr.net
The document describes a Personal Benefits Plan as an alternative to traditional group health insurance. It allows employers to fund individual Benefits Savings Accounts for each employee, which the employee can then use to purchase their own health insurance and other benefits. This exempts the employer from many Affordable Care Act requirements for group plans. The Personal Benefits Plan is presented as offering lower costs, more choice and flexibility for employees, and simplifying administration compared to group health insurance. Expert advisors help employees select the health insurance and benefits that best fit their individual needs and circumstances.
Cash Flow Planning Bonus ProjectPlan AheadWe are told, inMaximaSheffield592
This document provides guidance on creating a cash flow plan, including recommended percentages to allocate to different budget categories like housing, utilities, food, transportation, and more. It emphasizes the importance of planning spending ahead of time rather than letting unbudgeted money slip away. The document then provides a cash flow planning worksheet and questions to complete, including calculating expenses as a percentage of income and ways to reduce costs in key categories like housing, transportation, and food.
Think of a Health Savings Account (HSA) like having a health 401(k) you can dip into now—or, let it build to pay for qualified medical expenses after you retire. This simple tutorial is designed to help you decide whether a Health Savings Account might be a good fit for you (and your family).
The document introduces health insurance and Health Savings Account (HSA) options provided through a partnership between the American Association of Franchisees & Dealers (AAFD) and several organizations. Key benefits of HSAs include tax-advantaged savings, lower health insurance premiums, and funds that stay with the individual even if they change jobs. The document provides steps for shopping for and enrolling in health plans and HSAs online through an easy-to-use system.
Strategies For Controlling Benefit Costshsttlr7633
This is a presentation that I made recently to members of the Building Industry Association of Lancaster County to help them to understand options that could save them money on their group programs.
This document provides advice on career planning and job searching for emergency medicine physicians. It discusses important factors to consider such as location, compensation structure, work environment, equity and ownership opportunities. It warns of potential pitfalls like lack of tail coverage, delayed or vested retirement benefits, unclear ownership and compensation structures. It emphasizes the importance of asking questions about contracts, non-competes, incentive pay and fairness in benefits. The overall message is to carefully research potential jobs and consider your priorities to avoid common problems and set yourself up for long term career success and wealth building.
This document summarizes a presentation on financial fitness. It discusses calculating expenses and income to determine a net worth. It recommends dividing savings into categories like regular savings, education savings, and investment savings. The presentation provides tricks for saving money like spending less than earned and looking for discounts. It advises investing savings rather than just storing money. Overall, the key to financial fitness is properly managing expenses, increasing income when possible, and appropriately allocating funds to savings categories.
The document introduces health insurance options provided by the American Association of Franchisees & Dealers (AAFD) in partnership with several organizations. It emphasizes consumer-focused health savings accounts (HSAs) tailored for AAFD members. HSAs work like 401(k)s for healthcare by allowing tax-free savings and investment growth to pay for current and future medical costs. The document then provides information about enrolling in group health plans and HSAs through an easy online process assisted by HealthEquity, which offers FDIC-insured HSAs with tools and services. Members can save on AAFD membership and access legal consultations by joining or renewing by October 31.
1) An HSA (Health Savings Account) plan allows tax-free savings and withdrawals for medical expenses, and allows deducting contributions even before expenses are incurred.
2) To be eligible for an HSA, one must have an HDHP (High Deductible Health Plan), but the savings account is separate from the insurance plan.
3) With an HSA, people can pay less in insurance premiums since deductibles are higher, and save the difference tax-free to cover medical costs, bypassing the usual 7.5% AGI limit on medical expense deductions.
Grace Chee provides retirement, tax, and financial planning tips for faculty. She recommends saving through 403b and IRA accounts to reduce taxes. Credits like the Saver's Credit can provide tax refunds for low-income savers. Choosing CalSTRS over the default Apple plan offers lifetime retirement benefits. Sick days and classes can boost retirement income and salary. Travel and conferences are worth it for networking benefits despite costs. Part-time faculty can receive unemployment benefits between semesters. Overall, her advice is to save, spend wisely, and help other faculty.
This document provides guidance and worksheets for creatives to calculate personal and business budgets, establish hourly rates, and reflect on their worth. It begins with an introduction to the course and encourages participants to commit time for self-study. Definitions of financial terms are provided to understand expenses, revenue, taxes. Worksheets help estimate personal needs, business costs, and tax obligations. Methods for determining an hourly rate based on income goals and billable hours are presented. Affirmations and contracts for self-worth are included to internalize value. Feedback is offered to participants throughout.
A Private Health Services Plan (PHSP) is a tax advantaged health spending plan, not an insurance plan. It allows health expenses to be tax deductible for companies and tax-free for employees. To set up a PHSP, paperwork is submitted and a $375 fee is paid. Claims are then processed on a pay-as-you-go basis by submitting receipts to a third party administrator along with a 10% fee plus GST. This allows the entire payment to be tax deductible for the company and reimbursed to the employee tax-free. The tax benefits can be significant, especially for high-income individuals.
“Amidst Tempered Optimism” Main economic trends in May 2024 based on the results of the New Monthly Enterprises Survey, #NRES
On 12 June 2024 the Institute for Economic Research and Policy Consulting (IER) held an online event “Economic Trends from a Business Perspective (May 2024)”.
During the event, the results of the 25-th monthly survey of business executives “Ukrainian Business during the war”, which was conducted in May 2024, were presented.
The field stage of the 25-th wave lasted from May 20 to May 31, 2024. In May, 532 companies were surveyed.
The enterprise managers compared the work results in May 2024 with April, assessed the indicators at the time of the survey (May 2024), and gave forecasts for the next two, three, or six months, depending on the question. In certain issues (where indicated), the work results were compared with the pre-war period (before February 24, 2022).
✅ More survey results in the presentation.
✅ Video presentation: https://youtu.be/4ZvsSKd1MzE
A toxic combination of 15 years of low growth, and four decades of high inequality, has left Britain poorer and falling behind its peers. Productivity growth is weak and public investment is low, while wages today are no higher than they were before the financial crisis. Britain needs a new economic strategy to lift itself out of stagnation.
Scotland is in many ways a microcosm of this challenge. It has become a hub for creative industries, is home to several world-class universities and a thriving community of businesses – strengths that need to be harness and leveraged. But it also has high levels of deprivation, with homelessness reaching a record high and nearly half a million people living in very deep poverty last year. Scotland won’t be truly thriving unless it finds ways to ensure that all its inhabitants benefit from growth and investment. This is the central challenge facing policy makers both in Holyrood and Westminster.
What should a new national economic strategy for Scotland include? What would the pursuit of stronger economic growth mean for local, national and UK-wide policy makers? How will economic change affect the jobs we do, the places we live and the businesses we work for? And what are the prospects for cities like Glasgow, and nations like Scotland, in rising to these challenges?
Dr. Alyce Su Cover Story - China's Investment Leadermsthrill
In World Expo 2010 Shanghai – the most visited Expo in the World History
https://www.britannica.com/event/Expo-Shanghai-2010
China’s official organizer of the Expo, CCPIT (China Council for the Promotion of International Trade https://en.ccpit.org/) has chosen Dr. Alyce Su as the Cover Person with Cover Story, in the Expo’s official magazine distributed throughout the Expo, showcasing China’s New Generation of Leaders to the World.
Discovering Delhi - India's Cultural Capital.pptxcosmo-soil
Delhi, the heartbeat of India, offers a rich blend of history, culture, and modernity. From iconic landmarks like the Red Fort to bustling commercial hubs and vibrant culinary scenes, Delhi's real estate landscape is dynamic and diverse. Discover the essence of India's capital, where tradition meets innovation.
13 Jun 24 ILC Retirement Income Summit - slides.pptxILC- UK
ILC's Retirement Income Summit was hosted by M&G and supported by Canada Life. The event brought together key policymakers, influencers and experts to help identify policy priorities for the next Government and ensure more of us have access to a decent income in retirement.
Contributors included:
Jo Blanden, Professor in Economics, University of Surrey
Clive Bolton, CEO, Life Insurance M&G Plc
Jim Boyd, CEO, Equity Release Council
Molly Broome, Economist, Resolution Foundation
Nida Broughton, Co-Director of Economic Policy, Behavioural Insights Team
Jonathan Cribb, Associate Director and Head of Retirement, Savings, and Ageing, Institute for Fiscal Studies
Joanna Elson CBE, Chief Executive Officer, Independent Age
Tom Evans, Managing Director of Retirement, Canada Life
Steve Groves, Chair, Key Retirement Group
Tish Hanifan, Founder and Joint Chair of the Society of Later life Advisers
Sue Lewis, ILC Trustee
Siobhan Lough, Senior Consultant, Hymans Robertson
Mick McAteer, Co-Director, The Financial Inclusion Centre
Stuart McDonald MBE, Head of Longevity and Democratic Insights, LCP
Anusha Mittal, Managing Director, Individual Life and Pensions, M&G Life
Shelley Morris, Senior Project Manager, Living Pension, Living Wage Foundation
Sarah O'Grady, Journalist
Will Sherlock, Head of External Relations, M&G Plc
Daniela Silcock, Head of Policy Research, Pensions Policy Institute
David Sinclair, Chief Executive, ILC
Jordi Skilbeck, Senior Policy Advisor, Pensions and Lifetime Savings Association
Rt Hon Sir Stephen Timms, former Chair, Work & Pensions Committee
Nigel Waterson, ILC Trustee
Jackie Wells, Strategy and Policy Consultant, ILC Strategic Advisory Board
13 Jun 24 ILC Retirement Income Summit - slides.pptx
HSA Slideshow
1. Health Savings Accounts A new health insurance OPTION for ACPL employees beginning 1/1/09 August 21, 2008
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10. HDHP vs ACPL PHP 2008 In-Network To satisfy FAM deductible, one member satisfies, then all others COMBINED can satisfy FAM deduct In HDHP, Deductible = Out of Pocket MAX! $2,500 $1,250 2009 PHP Out of Pocket MAX $5,000 $500 $2,500 $500 FAM $1,250 2008 PHP Out of Pocket MAX $2,500 $250 $250 IND 2009 HDHP Out of Pocket MAX 2009 PHP Annual Deductibl 2008 PHP Annual Deductible
11. HDHP vs ACPL PHP 2008 Out-of-Network To satisfy FAM deductible, one member satisfies, then all others COMBINED can satisfy FAM deduct In HDHP, Deductible = Out of Pocket MAX! $5,000 $2,500 2009 PHP Out of Pocket MAX $15,000 $1,000 $5,000 $1,000 FAM $2,500 2008 PHP Out of Pocket MAX $7,500 $500 $500 IND 2009 HDHP Out of Pocket MAX 2009 PHP Annual Deductibl 2008 PHP Annual Deductible
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13. Estimated Monthly Premiums based on 2008 - $118 (35%) $221 $339 Family EE contrib - $33 (39%) $52 $85 Single EE contrib - $489 (35%) $909 $1,398 Family Total premium - $178 (39%) $281 $459 Single Total premium Difference HDHP Traditional PHP