Health insurance options are traditionally offered to full-time employees, leaving part-time and seasonal workers in search of ways to supplement their health insurance needs. For employers who don’t offer health insurance to part-time or seasonal employees, now you can support workers with a flexible benefit called an ICHRA. An alternative to traditional group health…
Joe Priselac, CEO; Michael Rizzo, President. 2025 marks a huge milestone for P&A Group as we celebrate 50 years in business! In honor of this momentous occasion, we’re looking back on significant events over the past five decades and highlighting meaningful achievements from past to present. The Beginning Joseph Priselac, Jr., CEO, founded…
Saving for retirement often comes with a lot of uncertainty. It’s common to have questions like “How do I know if I’m saving enough?” and “Will I have enough to retire when I want?” Now you can get answers through a new retirement calculator when you log into your P&A retirement account. Learn how…
What employers need to know to stay compliant Employers who offer a Flexible Spending Account option for their workforce should also be mindful of certain instances in which some employees will be ineligible to participate in the plan. This type of ineligibility is based on nondiscrimination testing (NDT) that is conducted annually to ensure…
December 31 is a crucial deadline for many Flexible Spending Account participants who, under the Use or Lose rule, will forfeit unspent funds in their account. If your FSA has a December 31 deadline, it’s important to make sure you use your FSA before the end of the year. To help FSA participants use…
On November 1, 2024, the IRS announced inflation adjusted amounts for 2025 retirement plans. Contribution limits to 401(k), 403(b) and 457 Plans are receiving an increase for 2025. Below is an outline of the 2025 contribution limits for retirement plans effective January 1, 2025. 2025 Retirement Plan Limits 401(k), 403(b), 457 Plans 2024…