How Group Benefits Impact Work-Life Balance
Posted: September 13, 2024
In today’s fast-paced work environment, the importance of a healthy work culture prioritizing a healthy work-life balance cannot be overstated. While “hustle culture” has gained popularity by glorifying relentless work and productivity, these mindsets often promote unsustainable habits. Much like crash dieting, which may offer quick results but ultimately harms long-term health, an unbalanced focus on work can lead to burnout and negatively impact both...
Suicide Prevention Month & Mental Health
Posted: September 10, 2024
September is Suicide Prevention Month, a critical time dedicated to raising awareness about suicide and the importance of mental health. Mental health is a major part of overall well-being, yet cultural stigma may stand in the way of open discussions with devastating consequences. Addressing mental health issues and promoting suicide prevention can save lives, making this month a vital period for reflection and action. Spotlight...
5 Ways Lifestyle Spending Accounts (LSAs) Boost Employee Wellness
Posted: August 28, 2024
Employee wellness is an underrated way of elevating productivity and job satisfaction. Lifestyle Spending Accounts (LSAs) are employer-funded accounts designed to cover various wellness-related expenses, enhancing employee well-being. LSAs boost wellness by supporting fitness memberships, mental health services, healthy eating programs, work-life balance activities, and stress management resources. These accounts offer personalized benefits, empowering employees to choose wellness activities that suit their needs and improving...
Know Your Health Insurance Coverage Options as a Young Adult
Posted: August 25, 2024
Health insurance is a significant consideration for young adults transitioning from their parent’s plan. It provides financial protection against unexpected medical expenses. Common misconceptions include thinking they’re healthy enough not to need coverage or underestimating potential costs without insurance. It is advisable to shop for coverage based on individual needs and budgets and compare plans for premiums, deductibles, and coverage limits. With a solid understanding...
What happens to my 401(k) if my employer’s business shuts down?
Posted: August 13, 2024
A 401(k) is widely used to facilitate retirement savings, providing employees with a tax-advantaged way to build their nest egg. When an employer goes out of business, employees often worry about the security of their 401(k) funds. Fortunately, 401(k) plans are protected by federal laws and typically remain intact. Ownership of a 401(k) Account 401(k) accounts are owned by employees, not employers, ensuring the security...