Learning Center for Advisors
Browse our latest or list by category:
Learning Center for Advisors
Sapers & Wallack Services Overview
Since 1932, we have helped hundreds of clients. For more than 80 years, our approach to client service has been predicated on the highest degree of integrity and professional ethics. We are located in Newton, MA and serve public and private businesses, family businesses, non-profits and high net worth individuals all over New… Read More Read More
Have You Outgrown Your PEO, and What Comes Next?
/// By Ken Bettenhauser & Aviva Sapers According to The National Association of Professional Employer Organizations (NAPEO), 17% of all US businesses with 10-99 employees turn to PEOs for HR, payroll, benefits, and compliance solutions. Many emerging companies want a “one-stop shop” to help set up their payroll and benefits. Others cite lower medical costs vs. procuring… Read More Read More
MA Paid Family Medical Leave Act: Overview and Update
By now, most businesses are aware and have engaged in the preliminary steps toward rolling out the Paid Family and Medical Leave Act (PFML) in Massachusetts. Starting January 1st, 2021, eligible Massachusetts workers will be able to take up to 26 weeks of paid family and medical leave benefits, meant to cover maternity and paternity… Read More Read More
Considerations for Tax-Advantaged Accounts in Response to COVID-19
The evolving COVID-19 pandemic continues to impact businesses and their employee benefit plans in unexpected ways. Here, we outline recent changes to tax-advantaged accounts like FSAs, HSAs, and HRAs, as well as areas where employers have some flexibility to respond to the current emergency. View the article here. Read More
Families First Coronavirus response Act: What Employers Need to Know
On Wednesday April 1st, following a 363-40 vote in the House and a 90-8 vote in the Senate, President Trump signed a multi-billion dollar emergency economic relief bill – H.R. 6201, the Families First Coronavirus Response Act (the “Act”) – into law to help combat the COVID-19 pandemic which ensures free testing, provides paid sick… Read More Read More
Student Loan Repayment as Employee Benefit
According to recent statistics, there are now more than 44 million unique borrowers who collectively owe $1.6 trillion in student loan debt—making student loans the second largest consumer debt category after mortgages. Those are staggering numbers. For the considerable Millennials and massive Gen Z workforce to follow, student loan debt is a primary economic concern,… Read More Read More
The New Paid Family Medical Leave Law in Massachusetts
In 2018, Massachusetts signed into law a statute that provides paid family and medical leave (PFML) benefits to workers. Massachusetts becomes only the sixth state, along with the District of Columbia, to require paid leave. The state has yet to issue final regulations, but they did provide updated draft regulations at the end of March.… Read More Read More
Beware of One of the Most Costly “FREE” Employer Provided Benefits, Otherwise Known as the Fallacy of Group Term Life Insurance
One of the bread-and-butter staples of a well-conceived employee benefit program is the classic group term life insurance. You join a company, fill out a beneficiary form, and voila, you are provided with group term life insurance equivalent to a multiple of salary, such as two times annual earnings. You don’t think much of this… Read More Read More
Sapers & Wallack merges its group benefits firm into Hilb Group
Sapers & Wallack merges its group benefits firm into Hilb Group Sapers & Wallack’s merged its group benefits division into the Hilb Group, LLC, effective February 1, 2017. As part of the transaction, the group benefits division with all of its current employees will join THG’s New England employee benefits operations, led by Rob Calise. Tom… Read More Read More
Sapers & Wallack participates in the ‘Be InspiRED’ campaign to promote the National Go RED for Women Day!
Red is the color of choice for the Sapers & Wallack team these days. This is not the newest fashion trend around Newton, but a cause close to the heart for all of our team members: women’s health. We are proud to participate in the national Go RED for Women Day on February 3rd to… Read More Read More
Sapers & Wallack participates in the ‘Be InspiRED’ campaign to promote the National Go RED for Women Day!
February is American Heart Month, and Sapers & Wallack will take part in the National Go RED for Women Day on February 3rd. The Go RED for Women Day helps to raise awareness about the women’s heart disease epidemic while promoting education and essential lifestyle choices to reduce risk factors. The Sapers & Wallack… Read More Read More
Video: Long Term Disability Coverage
Do you have enough disability insurance coverage? Learn more about your options when it comes to long term disability insurance in this video and on our dedicated long term disability page. Purchased to mitigate the risk of unfortunate surprises in your working years and fill the gaps left in work-based policies, these policies safeguard your… Read More Read More
Cadillac Tax: Delayed until 2020
The Cadillac Tax has been Delayed Until 2020 – What is the Next Step for Employers? Congress passed and President Obama signed a $1.1 trillion spending bill on December 11, 2015. An important part of that legislation for the employer community is the fact that the so called “Cadillac tax” implementation has been delayed until… Read More Read More
Health Care Reform Lunch Seminar October 1, 2014
Health Care Reform Lunch Seminar, October 1, 2014 The Affordable Care Act continues to keep employers on their feet with new regulations and requirements. On October 1st, we discussed important questions in regards to the next step of the Health Care Reform: Am I in the game for 2015 as a large Group Health Plan?… Read More Read More
Is Your Company Ready to Report Health Information on Your Employees to the IRS?
The Internal Revenue Service (IRS) has released drafts of the forms that employers will use to report on the health coverage that they offer to their employees in 2015. This reporting is required as part of the Affordable Care Act (ACA). Employers with 100 or more employees (including full time equivalents) are required to provide… Read More Read More
Why a PEO is Not the Best Place to Purchase Your Employee Benefits.
Many employers turn to a Professional Employer Organization (PEO) to purchase their group insurance benefits. The belief is that the buying power of many employers will be greater than that of a single employer. While there are some economies of scale, the administrative costs of a PEO often offset the higher premiums. Additionally, there are… Read More Read More