2 payroll deductions to make right now

Norm Boone / Jan 3, 2018 / Employee and Government Benefits

With the new year come changes. For those of us in the workforce: here are 2 quick financial tasks to see to now.

Taking care of these small tasks now counts as a big win - theres a few feathers for your cap. 

 

Read more...

The Job-Changer's Financial Checklist

Mosaic / Feb 23, 2017 / Insurance / Employee and Government Benefits

There may be a lot happening when you change jobs. As you look forward to starting a new job, it's important to consider how you will manage your finances while making the transition from one employer to the next. This job changer's financial checklist can help you keep in touch with important details. It's divided into two parts: the first is for those to use before beginning a new job, and the second is for those who don't have a new position lined up just yet.


Read more...

Is a High-Deductible Health Plan with HSA right for you?

Mosaic / Jan 19, 2017 / Employee and Government Benefits

"Save thousands on health insurance."

"Cut your premiums in half."

We've all seen the ads for high-deductible health plans (HDHPs), touting their low rates. But do lower rates mean less coverage? And if they are so good, why do so few workers opt for them? What about a high deductible health plan with HSA? What exactly is this all about?

Like traditional health care plans, HDHPs usually cover a wide range of medical and prescription costs—but only after a steep annual deductible has been paid. Such deductibles can run from as low as $1,150 for individual coverage, to upwards of $7,500 for family coverage, depending upon the plan. These plans seek to drive down health care costs by placing more of the responsibility and cost burden on consumers, in effect, forcing them to be more cost-conscious when deciding on medical care.

HDHPs generally appeal more to healthier people with no chronic ailments that require regular care. That's because high-medical-maintenance individuals are likely to end up burning through the entire deductible, effectively upping the costs above low-deductible plans. For instance, an HDHP with a monthly rate that is $100 less than a low-deductible plan will end up costing more if you end up shelling out over $1,200 before you use up the deductible.

Read more...

Benefits 101 for Millennials: What You Need to Know

Mosaic / Sep 15, 2016 / Employee and Government Benefits

Are you a new graduate who just landed your first “real” job? Congratulations! Chances are you’re excited and focused on learning everything you can to get off to a great start. But there’s one thing you shouldn’t forget as you begin this new chapter: your workplace benefits.

If you’ve never had to deal with benefits before, the unfamiliar terminology and dizzying number of options might tempt you to just close your eyes and check boxes — but that’s not the best way to choose.

Here’s some basic information about benefits your employer is likely to offer, as well as a few that are less common but still valuable. You've got a lot at your fingertips right now - it's time to dive in.

 

Read more...

Five Ways Financial Advisors Earn Their Keep

Sabrina Lowell / Feb 26, 2016 / Employee and Government Benefits / Retirement Planning / Investments / Insurance / Financial Planning

Navigating your finances can be emotional, complex and confusing. One way to stay on track is to work with an experienced financial advisor. Hiring one may not be cheap, but it’s well worth it — especially when you need to set goals or understand how major life decisions impact your finances.

Here are the top five things a financial advisor can do for you.

Read more...

[Video] Qualifying Holding Periods for Incentive Stock Options

Mosaic / Nov 11, 2015 / Employee and Government Benefits / Investments / Video

Geoff Zimmerman, CFP, Senior Advisor for Mosaic Financial Partners, Inc., discusses the basics of stock options in this recording from a webinar hosted by Mosaic Financial Partners.

Read more...

Medicare: A Broad Overview

Mosaic / Nov 9, 2015 / Employee and Government Benefits

Navigating the Medicare system can be a daunting task and if you’re like most people you could probably use a little help. What follows is a brief background on Medicare.

Read more...

[Video] Medicare Enrollment Periods

Sabrina Lowell / Oct 2, 2015 / Employee and Government Benefits / Video

Sabrina Lowell, CFP® and guest James Holt, RHU, REBC discuss how to enroll in Medicare in this recording from a webinar hosted September 18, 2014. 

Read more...

[Video] What is an Incentive Stock Option?

Mosaic / Sep 30, 2015 / Employee and Government Benefits / Investments / Video

Geoff Zimmerman, CFP, Senior Advisor for Mosaic Financial Partners, Inc., discusses the basics of stock options; the discussion revolves around what makes up Incentive Stock Options, also known as ISOs, and how they differ from Non-Qualified Stock Options in definition and tax treatment.

Read more...

[Video] What is a Nonqualified Stock Option?

Mosaic / Sep 23, 2015 / Employee and Government Benefits / Investments / Video
Geoff Zimmerman, CFP, Senior Advisor for Mosaic Financial Partners, Inc., discusses the basics of stock options in this recording from a webinar hosted by Mosaic Financial Partners.

Read more...

[Video] How are options Exercised?

Mosaic / Sep 16, 2015 / Employee and Government Benefits / Investments / Video
Geoff Zimmerman, CFP, Senior Advisor for Mosaic Financial Partners, Inc., discusses how stock options are exercised in this recording from a webinar hosted by Mosaic Financial Partners.

Read more...

[Video] Valuing Stock Options

Mosaic / Sep 9, 2015 / Employee and Government Benefits / Tax Planning / Investments / Video

Geoff Zimmerman, CFP, Senior Advisor for Mosaic Financial Partners, Inc., discusses the basics of stock options in this recording from a webinar hosted by Mosaic Financial Partners.

Read more...

[Video] Key Features of a Stock Option

Mosaic / Sep 2, 2015 / Employee and Government Benefits / Investments / Video

Geoff Zimmerman, CFP, Senior Advisor for Mosaic Financial Partners, Inc., explains the key features of employer-granted stock options in this recording from a webinar hosted by Mosaic Financial Partners.

Read more...

[Video] Health Plan Pricing for Individual and Small Group Plans under the ACA

Sabrina Lowell / Jul 29, 2015 / Employee and Government Benefits / Video

Sabrina Lowell, CFP® and guest James Holt, RHU, REBC discuss Affordable Care Act (ACA) Individual Plan Pricing in this recording from a webinar hosted September 18, 2014.

Read more...

[Video] When Should I Sign Up For Medicare?

Sabrina Lowell / Jul 22, 2015 / Employee and Government Benefits / Video

Sabrina Lowell, CFP® and guest James Holt, RHU, REBC discuss the pros and cons of enrolling in Medicare while being presently employed in this recording from a webinar hosted September 18, 2014. 

Read more...