Summit was brought on as the employee benefit partner for a regional bank to find solutions that would round-out the list of services the...
When it comes to HR, navigating “the Bermuda Triangle” of employment law, the place where the Family Medical Leave Act
Business owners and high-income earners often need financial services well-beyond those offered by the employer’s group insurance plan. For example,
Substantial increases in healthcare costs in the past decade have forced employers to make critical decisions about the benefit packages
It is critical that a private company with D&O claims exposure call for a broader risk management effort.
Managing human resources, payroll and benefits for a rapidly growing company can be overwhelming.
Starting January 1st, 2019, people will no longer be penalized by the IRS on their annual taxes for not holding health insurance.
Based on recent data from the Bureau of Labor Statistics as of July 2018, our disabled workforce now numbers 15.1 million Americans.
The Department of Labor has increased the 2019 penalty amounts for failing to provide required documentation of employer-sponsored benefit plans.
HSAs are beneficial for their triple-tax advantages, transferability, and nearly-timeless lifespan.
Whether you’re a saver, spender, or investor, there is an HSA contribution strategy that fits your needs.
Spring is here. The weather is warming, the sun is shining, and plant life starts to show its true beauty.
With just a few quick tips, you can avoid costly demands and litigation related to simply posting images on your site.
Cyber liability coverage is a necessity in today’s world to protect customers and businesses alike
ESG, or environmental, social and governance funds, can be appealing to many investors, including millennials.
The flexibility of HSAs, unpredictability of health and retirement costs, and the need for education combine to create a unique
Financial wellness is a hot topic in boardrooms these days, but to sell your company’s leaders on a program, you’ll need to talk numbers.
As many employees look ahead to retirement, 47% of workers feel somewhat confident that they’ll have enough money saved to retire on time and...
Automatic Features to Help Boost Participation and Savings Rates The use of auto features in 401(k) plans has continued to
As we have learned, HSAs can be used as retirement vehicles because they’re portable, enduring, and triple-tax advantaged. Another investment
Our 401(k) Investments are on the Watchlist. Now What? Approach, review, document, and decide As a member of your company’s
Formation of Lawsuit Trends The barrage of excessive fee lawsuits filed in 2006 started a trend that continues to this
Preventive Care Getting your preventive check-ups (physicals, Well Woman Exams, PSA tests, Mammograms, dental exams, and eye exams) are crucial
Much of wasteful healthcare spending in the United States can be attributed to people failing to understand their insurance coverage,
Let’s face it, employees get injured from time-to-time. The Bureau of Labor Statistics reported over 882,700 injuries in 2017 that
Risky Business: Why Plan Governance Matters Participant-driven lawsuits are on the rise, and employers are facing heightened scrutiny of the
As we near the end of a decade that has seen dramatic increases in healthcare costs, employers’ efforts to curtail
Cyber-crime is on the rise worldwide. As a result, growing numbers of organizations are taking critical steps to protect their
In 2019, cybersecurity risks have shown that they are here to stay and are quickly becoming a global concern for
If you’re not using data analytics to help you make progress toward improving participant outcomes, then you could be missing out on a key...