Innovative Benefit Planning Named “Best of Biz 2019”
Innovative Benefit Planning has been named by South Jersey Biz, as one of their 2019 Best of Biz recipients. The Best of Biz award recognizes 102 of region’s most esteemed service providers and we are proud to say that Innovative has been selected for their “Employee Benefits” category. According to South Jersey Biz, “The past […]
Innovative Celebrates 30 Year Anniversary
Before 2019 came to an end, Innovative Benefit Planning had to officially celebrate our 30 Year anniversary, and we certainly didn’t get here alone. On July 24th, our employees, partners and clients, came together to enjoy food trucks, music, and memories from over the years. The afternoon was filled with reminiscing, congratulations, and appreciation. Watch […]
Do’s and Don’ts When Creating an Employee Handbook
The employee handbook is an important communication resource for your employees that also limits your company’s legal liability. It can be tough to decide what does and does not belong in the employee handbook, but these tips can help you along the way. Read the full article, here.
Innovative Myth Series #8: Once I Sell a Company, I Don’t Have To Worry About It Impacting My Current Retirement Plan
See how Innovative helped our client from running afoul of the Affiliated Service group rules and saved the client from potential serious regulation issues. Download full case study here. Let Innovative perform a complimentary review of your plan, contact our retirement planning team here.
Vice President, Consulting, Dan Foley, Named to Rand Institute Advisory Board at Rutgers University–Camden
The Senator Walter Rand Institute for Public Affairs at Rutgers University–Camden, an institute for public policy issues impacting southern New Jersey, announced last week that Innovative’s Vice President, Consulting, Dan Foley, has been appointed to their advisory board. Dan is joined by two other regional leaders, Amy Obsorn, vice president and head of private banking […]
Mind Your Health-Mental Health & Exercise
You have probably heard of the variety of benefits from weekly exercise…. But did you know that exercise can do wonders for both physical AND mental health? People who exercise regularly gain a sense of well-being, feel more energetic throughout the day, have a better quality of sleep, and have a greater sense of positivity. […]
NJ Bans Salary History
On July 25th, 2019, New Jersey’s Acting Governor Sheila Oliver signed NJ Bill A1094 (“the Law”), which bans employers from asking applicants for their salary history. Read the full law here, NJ Bans Salary History, to learn: What is now illegal for an employer to do What the law allows employers to do The next […]
Additional Preventive Care Benefits Permitted for High Deductible Plans
In Executive Order 13877, issued June 2019, the Treasury Department and the IRS were directed to consider ways to expand the use and flexibility of HSA’s and HDHP’s. In response to the Executive Order, the Treasury Department issued guidance on July 17, 2019, that lists newly identified preventive care items and services that may now […]
July 2019 Compliance Recap
July was a busy month in the employee benefits world. The Internal Revenue Service (IRS) released a notice that expands the list of preventive care benefits a high deductible health plan can provide without a deductible or with a deductible below the annual minimum deductible. The IRS also released the indexed affordability percentage for plan […]
Cyber Security: The Need for Both IT and HR
Businesses face a multitude of risks throughout their daily operations. One of the most complicated risks that organizations confront is cybersecurity risk. Cybersecurity is defined as the protection of internet-connected systems, including hardware, software and cyberattacks. When businesses hold sensitive data on the cloud or shared servers, you must address the potential risks that arise […]