Rules for FSA & HSA Accounts | Nevada Benefit Advisors

According to the Internal Revenue Service (IRS), no permission or authorization to set up either an FSA or HSA account is required. Both accounts are intended to help provide you with financial assistance regarding medical care costs. An FSA (flexible spending account) is set up by your employer. An HSA (health savings account) is held … Continued

The Perks of Holiday Parties: How They’re Still an Asset to Your Company | Nevada Benefit Advisors

The end of the year is upon us and a majority of companies celebrate with an end-of-year/holiday party.  Although the trend of holiday parties has diminished in recent years, it’s still a good idea to commemorate the year with an office perk like a fun, festive party. BENEFITS OF A YEAR-END CELEBRATIONHoliday staff parties are a … Continued

What Is the Difference Between an Annuity & Life Insurance? Nevada Benefit Advisors

An annuity and life insurance are insurance products. The primary difference between an annuity and life insurance is when payment is made. Annuities pay a set amount monthly, quarterly or annually to meet future financial needs, usually in retirement. Life insurance pays the value of the policy at the time of your death. Several types … Continued

What Is Employer Paid Term Life Insurance? | Nevada Benefit Advisors

Employer-paid life insurance can be an important part of protecting your family in the event that you die prematurely. Companies offer the program on top of other benefits, such as health insurance. The coverage is generally term insurance, meaning there is no investment or cash-value component. If you pass on unexpectedly, depriving your family not … Continued

Difference Between Basic Insurance & Major Medical Insurance | Nevada Benefit Advisors

Choosing a health care plan often comes down to cost, but don’t forget to compare the monthly premium with the amount of coverage you get. Major medical insurance is designed to cover you during everything from routine check-ups to major catastrophic events. Basic health insurance, by contrast, is a cash reimbursement service that can help … Continued

How to Make the Most Out of Your FSA at Year-End | Nevada Benefit Advisors

As 2017 comes to a close, it’s time to act on the money sitting in your Flexible Spending/Savings Account (FSA). Unlike a Health Savings Account or HSA, pre-taxed funds contributed to an FSA are lost at the end of the year if an employee doesn’t use them, and an employer doesn’t adopt a carryover policy. … Continued

Keeping Your Small Business in Business Through a Disability | Nevada Benefit Advisors

If you own a business, you know how it feels to live for that business. You also rely on it to support you and your family. So, what would happen if you suddenly became ill or injured and could no longer work? You need to think about the what-ifs.The fact is, your loved ones may … Continued

Benefit Plan Design: Charging Employees Different Premiums | Nevada Benefits Advisors

Employers who are designing a health and welfare benefit plan for their employees often wonder about the rules relating to setting premiums for employees. Employers generally have significant flexibility in this part of their plan’s design. Common structures contemplated by employers include, but are not limited to:Charging all employees a flat amount for their health … Continued

Are You Ready to Electronically Report Injuries and Illnesses to OSHA? | Nevada Benefit Advisors

December 1, 2017 is the deadline for certain employers to use the Occupational Safety and Health Agency’s (OSHA) Injury Tracking Application (ITA) portal to report information from their 2016 Form 300A regarding employee illnesses and injuries. We previously reported (Breach Forces OSHA to Shut Down Reporting Portal) that OSHA suspended employer reporting through the ITA … Continued

It’s Open Enrollment Time! | Nevada Benefit Advisors

Fall.  With it comes cooler temperatures’, falling leaves, warm seasonal scents like turkey and pumpkin pie, and Open Enrollment.  It goes without saying; employees who understand the effectiveness of their benefits are much more pleased with those packages, happier with their employers, and more engaged in their work. So, as your company gears up for … Continued

Contact Us

Las Vegas

139 E. Warm Springs Rd.
Las Vegas, NV 89119

Office: (702) 617-1777
Fax: (702) 617-1915

Reno

5985 Home Gardens Dr.
Reno, NV 89502

Office: (775) 688-4400
Fax: (755) 688-4401

Ohio

7422 Southern Blvd.
Youngstown, OH 44512

Office: (330) 707-1900
Fax: (330) 707-1100