Entries by Brandon

Protecting Your Interests: Understanding Worker’s Compensation Employee and Employer Perspectives

Apart from salaries, employee benefits are the largest employee-related expense most businesses pay. The important thing to understand is that worker’s compensation isn’t a benefit. Under Nevada law, it’s a requirement for all companies with 1 or more employees. More importantly, it was designed to protect the interests of employees and employers equally. Under the […]

Lost Life Insurance Policies and Annuities – How to Find Them

A recent finding by Consumer Reports states that each year in this country about $1 Billion of life insurance policy benefits go unclaimed. For a cash-strapped and debt-burdened middle class, that’s quite a sum to leave in the pockets of our nation’s insurers. Fortunately for Nevadans, the Nevada Division of Insurance and the National Association […]

Understanding Different Types of Life Insurance

Life insurance is one of the most common employer-provided benefits. This article covers the basics of life insurance and the different types employers can offer to employees. Types of Life Insurance Life insurance is divided into two categories: term and permanent (also sometimes referred to as whole). 1. Term life insurance 2. Whole life insurance […]

DOL Increases Penalties for Health Plan Violations

On July 1, 2016, the Department of Labor (DOL) issued an interim final rule that increases the civil penalty amounts that may be imposed under various federal laws, including the Employee Retirement Income Security Act (ERISA). The interim final rule increases the civil penalty amounts associated with: Failing to file an annual form 5500 (as […]