Workplaces should be aware of any risks to their employees’ respiratory health. Air particles, dust, and fumes can be dangerous, especially when they are breathed in every day. Make sure your company is dealing with respiratory protection correctly. Click on the image to download or print the safety slides.
If you are found to be legally responsible for an injury, a personal umbrella liability policy can save you from having to pay out of pocket. If you engage in activities with high risks of getting sued, you may want to consider an umbrella policy. Click on the image to download or print the information sheet.
Safety seats are necessary to prevent injuries to children while riding in a car. Each car seat should be adjusted for children based on their age. It can be overwhelming to figure out what kind of car seat is appropriate for your child. Click on the image to download or print the safety sheet.
Concussions are a common injury in events like car crashes and sporting activities. The impact of concussions can be severe. Click the link to download or print the safety sheet for information on symptoms and how to treat concussions.
Evergreen Insurance is excited to announce that in the next few months, we are going to be relocating two of our physical office locations. Our staff remains the same, and we are ready to continue to assist you with your insurance needs.
The two physical locations that will be changing are our offices located in Ebensburg and Greensburg.
The exact dates of the location changes are still to be determined, and as those details are finalized, they will be shared with you. We will also be posting updates here on our website – as well as on our LinkedIn, Twitter, Instagram, and Facebook pages. Be sure to follow us on social media to stay up-to-date!
If you have any questions about these changes, or if we can be of assistance to you, please call us at 800-662-2020.
Sometimes, leftovers can be more satisfying than when the meal was first served. You somehow appreciate it more, when you can enjoy something that wasn’t used up the first time.
Now, that satisfying carry-over feeling extends to Health Flexible Spending Accounts (FSA).
A Health FSA is an employer-sponsored account that employees can use to pay for or reimburse their qualifying medical expenses on a tax-free basis, up to the amount contributed for the plan year. Typically, Health FSAs are subject to a “use-or-lose” rule that generally requires any unused funds at the end of the plan year (plus any applicable grace period) to be forfeited.
As an exception to this use-or-lose rule, however, employers may allow participants to carry over up to $500 in unused funds into the next year to pay or reimburse medical expenses incurred during the entire plan year to which it is carried over. Also, the carry-over amount does not count toward the Affordable Care Act’s (ACA) limit on employees’ salary reduction contributions to a health FSA.
For this purpose, the remaining unused amount as of the end of the plan year is the amount unused after medical expenses have been reimbursed at the end of the plan’s run-out period for the plan year. For plan years beginning on or after Jan. 1, 2022, the limit on Health FSA carryovers increases from $500 to $570.
The IRS has provided the following rules for Health FSA carryovers:
See how the Health FSA carry-over option can apply to your business and provide an added benefit for your employees. Contact the professionals at Evergreen for more information.
Copyright 2022 Evergreen Insurance
Evergreen Insurance provides these updates for information only, and does not provide legal advice. To make decisions regarding insurance matters, please consult directly with a licensed insurance professional or firm.
September is National Preparedness Month. Although it’s not pleasant to think about, a natural disaster could occur at any time. It is essential to create a plan and prepare for an emergency. Your preparation now could save a life. Click on the image to download or print the safety sheet.
Homeowners insurance is vital to protect your home from accidents and disasters. However, many people are not fully aware of what their policy covers. Click on the image to download or print the sheet of common questions about coverage.
Life Insurance Awareness Month kicks off today! Use this important reminder to protect yourself and your loved ones with life insurance: https://evergreeninsurance.net/products/life-health/individual-life/ #GetLifeInsurance #LIAM22
With fuel prices going up, it can be extremely beneficial to improve the fuel efficiency of your company’s fleet. Implementing fuel-efficient maintenance strategies, policies, and technology can make a difference. Click on the image to download or print the tip sheet.
