The Setting Every Community Up for Retirement Enhancement (SECURE) Act became effective January 1, 2020. Just three months later, the Act was pushed to the back burner by the Coronavirus pandemic prompting a second piece of legislation to be adopted, the Coronavirus Aid, Relief, and Economic Security (CARES) Act. With all the panic that has hit our country in such a short time frame a quick summary of the major changes is in order.
Do you have the ability to run a Medicare appointment and enrollment over the phone? Now is the perfect time to try virtual appointments and our enrollment platform, MedicareNow! makes it easier than ever before. Watch a live tele-sales demo and get answers to your questions.
We are all feeling the impact of COVID-19. We provide you with the tools needed to survive and thrive during these uncertain times. Learn how to serve your current clients, grow your revenue, and marketing assurances during uncertainty.
Take a look at the provisions within the Coronavirus COVID-19 stimulus package and how they may provide relief.
The life insurance industry is a relationship-driven business, but with the recent Coronavirus pandemic, our ability to see and visit clients has been prohibited in many areas. This is forcing us to make drastic changes in the way we do business. Discover the keys to life insurance over the phone.
The virus that causes the Coronavirus 2019 Disease (“COVID-19”) is easily transmitted, especially in group settings, and it is essential that the spread of the virus be slowed to safeguard public health and safety. COVID-19 can be transmitted from infected individuals even if they are asymptomatic or their symptoms are mild, such as a cough. It can also be spread by touching a surface or object that has the virus on it and then touching your mouth, nose or eyes. This guidance document addresses the procedures businesses must follow to limit the spread of COVID-19 to the extent they are permitted to conduct in-person operations. As discussed more fully below, businesses operating in counties designed as in the Red Phase or Yellow Phase, are subject to this guidance. In counties designated as in the Green Phase, the orders underlying this guidance will be lifted, and businesses will no longer be required to follow this guidance.
This document explains who is eligible for the stimulus checks, how this impacts unemployment insurance, if it changes retirement plans, and how this helps the state of your business.
The Families First Coronavirus Response Act (FFCRA) requires employers with up to 500 employees to post or distribute the Employee Rights notice as of Wednesday, April 1st when the FFCRA becomes effective. For additional information on distribution and requirements, please refer to the Department of Labor website.
How employers can claim exemptions from the emergency paid sick leave and expanded family medical leave in the families first Coronavirus stimulus package.
As provided under the legislation, the U.S. Department of Labor will be issuing implementing regulations. Additionally, as warranted, the Department will continue to provide compliance assistance to employers and employees on their responsibilities and rights under the FFCRA.
Pennsylvania Insurance Commissioner Jessica Altman today cautioned Pennsylvania’s insurance licensees that in-person sales and brokerage are prohibited by Governor Wolf’s order closing all non-life sustaining businesses in the Commonwealth to slow the spread COVID-19.
Under the Affordable Care Act, eligibility for income-based Medicaid1 and subsidized health insurance through the Marketplaces is calculated using a household’s Modified Adjusted Gross Income (MAGI). The Affordable Care Act definition of MAGI under the Internal Revenue Code2 and federal Medicaid regulations3 is shown below. For most individuals who apply for health coverage under the Affordable Care Act, MAGI is equal to Adjusted Gross Income. This document summarizes relevant federal regulations; it is not personalized tax or legal advice. Consult the Health Insurance Marketplace for your state, your local Medicaid agency, or a legal or tax advisor for assistance in determining your MAGI.
