Health Care

Maximizing Your Benefits: A Guide to Open Enrollment Season

Maximizing Your Benefits: A Guide to Open Enrollment Season

As the end of the year approaches, it’s time for one of the most critical financial planning opportunities for employees: open enrollment. Whether you’re re-evaluating your benefits or making selections for the first time, open enrollment is a golden opportunity to make choices that align with your financial goals and needs.

Are you concerned about being laid off in the life science industry?

Are you concerned about being laid off in the life science industry?

Pandemic investments and the continuation of gene therapy spurred the growth of companies in recent years. Still, these same companies are feeling the pinch due to growing economic uncertainty. Life sciences do better than other industries during economic and market drawdowns, but it is not immune to global influences.

Health Savings Accounts (HSAs): Do You Want Triple Tax Savings?

Health Savings Accounts (HSAs): Do You Want Triple Tax Savings?

Based on the Bureau of Labor Statistics Consumer Expenditure Survey, the average cost per person for healthcare increased 101% over the last 35 years from $2,500 to $5,000, and the healthcare system increased by 4.6% over 2018 to reach $3.6 trillion! 

Are Your Kids Protected?: Health Insurance for Children Attending College

Are Your Kids Protected?: Health Insurance for Children Attending College

With the fall semester fast approaching, there are many last-minute decisions and preparations being made for the next wave of freshman students. However, one decision that may have fallen to the wayside is health insurance for the incoming student. An important question to ask is “will my child be covered under my medical insurance once they go off to college?”

529A Accounts: A Way to Save for Disabled Beneficiaries

529A Accounts: A Way to Save for Disabled Beneficiaries

According to the US Department of Agriculture's most recent annual estimate, it will cost a middle-income family $233,610 to raise a child to age 18, ignoring college and inflation. This is a staggeringly high number, but the cost to raise a child with special needs can exceed that number by 5 or 10 times, depending on the child's condition.