• Facebook
  • Youtube
  • LinkedIn

Are Your Healthcare Benefits Contributing to the Labor Shortage? | Chicago Benefits Agents

Employee benefits are a major bargaining chip for companies looking to attract talent. The problem is healthcare costs are skyrocketing, and it’s difficult for employers to offer the same level of coverage. Higher costs are either resulting in less coverage or smaller wages for employees. Find out what’s happening with healthcare and recruitment, and get … Continued

IRS Announces 2022 Retirement Plan Contribution Limits | IL Employee Benefits Consultants

On November 4, 2021, the Internal Revenue Service (IRS) released Notice 2021-61 announcing cost-of-living adjustments affecting dollar limits for pension plans and other retirement-related items for tax year 2022. Many pension plan limits will change next year because the increase in the cost-of-living index met the statutory thresholds that trigger their adjustment. Other items, however, will not … Continued

How Health Insurance Can Win the War for Talent | Chicago Employee Benefits Agency

The COVID-19 pandemic shined a spotlight on the importance of employer-provided health benefits. Not only have employees been requesting an expansion of their benefits for months, but report after report has indicated that comprehensive plans that also cover mental health or include paid parental leave, for example, are the key to getting people back to … Continued

IRS Announces 2022 Limits for Health FSAs and Transit Benefits | IL Employee Benefits Group

Today, the Internal Revenue Service (IRS) announced annual inflation adjustments for more than 50 tax provisions, including an increase in voluntary employee contributions to employer-sponsored healthcare flexible spending arrangements (HFSAs) to $2,850 for plan years beginning in 2022, up from the 2021 limit of $2,750. For HFSAs that include a carryover provision, up to $570 … Continued

Tips for Managing the Holiday Blues | Chicago Benefits Firm

“Children laughing, people passing, meeting smile after smile” stirs happy memories of singing Christmas carols for some, but for others, the holidays can be the most stressful and loneliest time of the year.  The holidays often present a dizzying array of demands – shopping, baking, and entertaining to name a few.  For those dealing with … Continued