Highlighting News, Trends and Best Practices in Employee Benefits

FICA-Reduction Arrangements using Wellness Programs

Posted by Rachel Smith on Jun 23, 2016 11:27:34 AM

BEWARE OF FICA-REDUCTION ARRANGEMENTS USING WELLNESS PROGRAMS

It has come to our attention that certain arrangements are being marketed to employers that are intended to reduce an employer’s FICA obligation by significantly increasing employees’ pre-tax salary reductions. We want to caution employers against entering into these types of arrangements before having a conversation with an employee benefits attorney who understands them. This alert provides some background on these schemes and our concerns with them.

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Topics: Wellness, EmployeeBenefits, Wellness Programs, Health & Wellness, FICA

Happy Birthday!

Posted by Rachel Smith on Jan 28, 2016 7:00:00 AM

On January 28, 2011, Ironwood Insurance Services hired veteran employee benefits producer, Mark R. Conner, and Ironwood’s Benefits Advisory Services was born.

Fast-forward five short years to today where Mark leads a growing team of 15 experienced and talented professionals.   Ironwood’s Employee Benefits Services is a full-service benefits practice meeting the needs of businesses requiring customized employee benefits, health & wellness and human resources consulting services.

The group continues to grow adding specialists and services to keep up with its ever-changing industry and in order to provide the best possible service to its clients.

What will they look like 5 years from today?

To learn more about Ironwood's Employee Benefits Services click here

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Topics: EmployeeBenefits, Human Resources Consulting, Employer Services, Wellness Programs, Human Resources Outsourcing