Life Insurance Portfolio Construction & Implementation
At Cambridge we believe that finding life insurance starts with a conversation, not with a spreadsheet. We want to understand your goals and present you with customized solutions to fit your specific...
View ArticleFinal Rules Clarify Required Coverage of Preventive Items and Services
The Affordable Care Act requires non-grandfathered group health plans to cover certain mandated preventive care services at no cost. These regulations are effective for plan years beginning on or after...
View ArticleHRA Eligibility and Advantages
A Health Reimbursement Arrangement (HRA) offers small business owners a tool to provide tax-free health benefits and increase tax savings. HRA eligibility depends on the owner type and entity. Below,...
View ArticleLife Insurance Portfolio Management
We do not consider our work to be done after you create a portfolio. In fact, we actively ensure that your case is performing well and review the plan routinely. Whenever an opportunity to improve your...
View ArticleERISA Section 107 Record Retention Policy
Stay compliant with ERISA Section 107 record retention requirements. With an increase in Department of Labor audit and enforcement of ERISA, the efficient filing of benefit plan records inevitably...
View ArticlePACE Act Repeals ACA Small Group Definition
The PACE act permits states to extend the definition of small employer to those with as many as 100 employees. How will this impact your business? ©2012, Cambridge Insurance. You can read the original...
View ArticleObama signs PACE Act – Repeals ACA Small Group Expansion
On October 7, 2015, the President signed into law bipartisan legislation, the Protecting Affordable Coverage for Employees (“PACE”) Act, which repeals the ACA Small Group Definition for employers....
View Article2016 HSA Limits
The IRS released the 2016 limits for health savings accounts (HSAs) and their accompanying high deductible health plans (HDHPs) effective for calendar year 2016. Some limits were adjusted from the 2015...
View ArticleLife Insurance: Fiduciary Review
Our team of insurance experts provide a vital third-party perspective for trustees and advisors. We offer peace of mind and reassure you about each portfolio. ©2012, Cambridge Insurance. You can read...
View ArticleEstate & Generational Planning
Our consultants work collaboratively with your tax, legal and financial advisors to maximize your estate and generational planning. ©2012, Cambridge Insurance. You can read the original article here:...
View ArticleIncreased Disability Issue and Participation Limits – Principal Financial
Principal Life Insurance Company has increased their underwriting limits to help individuals protect one of their most important assets, their incomes. Read more to see how much income you can protect....
View ArticleSHRM Study – Leveraging Benefits to Recruit Employees
Faced with a competitive job market and stagnant wages, more organizations are turning to their benefit offerings to recruit employees according to a recent Society of Human Resources study. ©2012,...
View ArticleRegulations Address Mandated Benefits
On November 18, 2015, the Departments of Treasury, Labor, and Health and Human Services (“Departments”) issued final regulations regarding certain mandated benefits under the Affordable Care Act...
View ArticleNew Guidance Addresses Affordability and Employer Penalty
As background, applicable large employers (“ALEs”) may be subject to the Employer Penalty if any full-time employee (“FTE”) receives a subsidy to purchase Exchange coverage. There are two penalties,...
View ArticleNew Guidance Tackles Various Employer Mandate Issues
IRS Notice 2015-87 provides further guidance on the application of various provisions of the Affordable Care Act (“ACA”) that affect applicable large employers (“ALEs”) under the Employer Penalty....
View ArticleCongress Enacts 2-Year Delay of Cadillac Tax
On December 18, President Obama signed bipartisan legislation for a year-end spending and tax package. As part of the package, Congress enacted a two-year delay of the ACA Excise Tax (“Cadillac Plan...
View ArticleNew Qualified Transit and Parking Guidance
The Consolidated Appropriations Act, 2016 (the “Act”) permanently changed the pre-tax transit benefits to be at parity with parking benefits. As a result, the Act retroactively increased the 2015...
View ArticleNew Guidance Addresses Account-Based Plans
IRS Notice 2015-87 provides further guidance on health flexible spending accounts (“health FSAs”) and health reimbursement arrangements (“HRAs”) (and other topics summarized in past articles). ©2012,...
View Article2016 Federal Poverty Guidelines
Large employers may be subject to the employer penalty under the Affordable Care Act if they do not offer affordable, minimum value coverage to all full-time employees and at least one full-time...
View ArticleCambridge welcomes Marc Savasta as Director of Consulting
We are excited to welcome Marc Savasta who joined our firm as Director of Consulting and Benefits Operations in November 2016. Marc, brings over twenty-five years of executive experience from his...
View Article
