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Monthly Archives: November 2013

Brokers helping their clients with Section 125 POP Documents

The modern broker is much more than an insurance agent.  Today the broker/consultant act as an advisor to clients to navigate the benefit landscape not only for insurance products but also for compliance, documentation, advice on waiting periods and contribution strategy. [read more...]

November 24th, 2013 • 0 Comments

Employers Required to Offer Employer Contribution for Section 125 POP

Recent guidance from the Department of Labor clarified that individual or personal plans not sponsored through an employer on a group plan basis are not eligible for Section 125 Plans as a tax-favored benefit.  They have recently added additional guidance that affects group plans to fall close possible loopholes of employers offer group coverage on a non-contributory basis. [read more...]

November 11th, 2013 • 0 Comments