HSA Mistakes to Avoid: Other Reimbursement Accounts

Whether your organization is transitioning to a qualified High Deductible Health Plan (HDHP), or you offer both traditional medical plans and HDHPs, it’s important to understand the rules about Health Savings Accounts (HSA) and other medical reimbursement accounts. Specifically, there … Continue reading

Announcement: New Insurance Product Billing Cycle

Working to make things clear and simple for our customers is always a focus at American Fidelity Assurance Company. With that in mind, we have some good news. To better align with the timing of your organization’s payroll deductions, we’re … Continue reading

Form 5500 F.A.Q.s

The Form 5500 is an annual return/report required under Employee Retirement Income Security Act of 1974 (ERISA) for employers with 100 or more participants in employee benefit plans covered by ERISA. Completing the Form 5500, as well as any required … Continue reading

New AFmobile® Features Released

American Fidelity’s mobile app, AFmobile® has released new features to make managing insurance benefits and annuities even easier. Premium Amounts and Policy Information Policyholders can now see monthly insurance premiums on the app home dashboard. Once an insurance product is … Continue reading

Tips for Transitioning to a High Deductible Health Plan (HDHP)

As medical costs continue to rise, many employers have begun transitioning to High Deductible Health Plans (HDHPs). In fact, 83% of large employers in the U.S. planned to offer a consumer-driven health plan in 2016.1 While this transition may feel … Continue reading

Understanding the Importance of Disability Insurance

There is a strong probability that one of your employees may need to go on leave because of a disabling illness or injury. In fact, one in four workers entering the work force today will become disabled before retiring.1 While … Continue reading

Common Reasons Employees Don’t Elect Disability Insurance

You may understand the importance of Disability Income Insurance* but you may be asking: Why aren’t more employees taking advantage of it? There are myriad reasons why employees aren’t electing the coverage. We spoke with some of our Account Managers … Continue reading

Is Your Section 125 Plan Compliant?

A Section 125 Plan is a great program that allows employees to purchase certain eligible benefits on a pre-tax basis. Regularly reviewing your plan to ensure it is compliant with Internal Revenue Code (IRC) regulations will help it remain a … Continue reading

How Supplemental Benefits Can Help Offset Gaps in Medical Plans

With rising deductibles and larger gaps in coverage, supplemental benefits can provide financial relief for both you and your employees. Every year, employees are paying more in premiums, co-pays, and deductibles. All of this can lead to an additional workplace … Continue reading

457(b) Plan Administration Now Available to Education Employers

Today, it’s more important than ever to help your employees plan for retirement. Offering multiple retirement plan options can help you attract and retain quality employees. You may already have a 403(b) Plan in your suite of employee benefit offerings. … Continue reading