Captive Insurance: Weighing the Risks and Rewards
The price of insurance coverage you need to protect your business can sometimes be very high, but is usually worth the cost because it protects your business against catastrophic loss. But what if your business’s insurance claims are always less than what you pay for coverage? What happens to all that money you paid in […]
Elder Financial Abuse: Protecting Your Loved Ones
Elder financial abuse is a growing concern, with individuals often targeted by unscrupulous individuals seeking to exploit their vulnerabilities. It’s essential for families and caregivers to be aware of the common tactics used and steps to protect their loved ones. Common Tactics: Signs of Elder Financial Abuse: Protecting Your Loved Ones: Legal Resources: By staying […]
Benefits of Fee-Based Advisors
When selecting a financial advisor, understanding their fee structure is crucial. Fee-based advisors offer a unique approach that can provide several benefits for investors. Transparency and Alignment of Interests Unlike commission-based accounts, fee-based accounts create a more transparent relationship between the advisor and the investor. By charging a flat fee based on the value of […]
Multi-employer, Collectively Bargained Pension Plans
Navigating the complex landscape of multi-employer Taft-Hartley plans can be daunting for businesses. These plans, while offering significant cost savings, are subject to stringent regulations and potential compliance issues. Understanding the nuances of these plans is crucial to avoid penalties and ensure the long-term sustainability of your employee benefits program. Characteristics Scrutiny, potential issues for […]
