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You know how important it is to plan for your retirement, but where do you begin? One of your first steps should be to estimate how much income you'll need to fund your retirement. That's not as easy as it sounds, because retirement planning is not an exact science. Your specific needs depend on your goals and many other factors.
Use your current income as a starting point
When you determine how much income you'll need in retirement, you may base your projection on the type of lifestyle you plan to have and when you want to retire. However, as you grow closer to retirement, you may discover that your income won't be enough to meet your needs. If you find yourself in this situation, you'll need to adopt a plan to bridge this projected income gap.
Delay retirement: 65 is just a number
As more and more offices begin the process of reopening, workplace safety is a top priority for everyone. Today, we would like to share a checklist designed to keep your employees, clients, and vendors safe during this uncertain time. You can access the checklist using the link below. We hope you find it useful.
Patient First is now bringing Physician consultations to you through Telehealth services.
Telehealth is currently available to patients in Maryland, Virginia, Pennsylvania, and New Jersey. If you live in one of those states, have been treated at a Patient First facility within the past five years, and are at least 18 years old, you can speak with a Patient First Physician through your smartphone, tablet, or computer.
Dear Brooks Financial Group (BFG) Family,
On May 12, the IRS released two notices allowing employees during 2020 to make changes to their enrollments in employer-sponsored health plans, and to adjust pre-tax contributions to health flexible spending accounts (FSAs) and dependent care flexible spending accounts (Dependent Care FSAs).
We would like to share important information regarding Telehealth and Virtual Care. During the COVID-19 pandemic, most insurance carriers are providing these services under the Affordable Care Act's (ACA) Preventative Care Benefits, with no cost to the member.
On April 28, 2020, the Department of Labor issued a rule that extends many deadlines under the Employee Retirement Income Security Act (ERISA) and the Internal Revenue code. This rule impacts group health plans, disability and other welfare plans, pension plans, and participants and beneficiaries of these plans during the COVID-19 national emergency.
Below is a summary of the primary changes regarding how this rule applies to plans.
As the news of the Coronavirus (COVID-19) continues to grow, it is our goal to keep you informed of all updates as they pertain to you, your teams, and your organization.