Beware of These 5 Factors When Setting up Employee Benefit Plans for Bosses

employee benefit plans for bosses

If you’re responsible for the setup and administration of your company’s employee benefit plan, you may want to pay close attention to how you set up your boss on the plan.  This specifically applies to business owners or shareholders of the business.  Most don’t realize this, but group benefit plans work really well for employees, but the same doesn’t necessarily … Read More

Why Don’t You Want to be a Business Owner Without a Benefits Plan?

business owner without a benefit plan

Should You Be Paying Personally for Health and Dental Expenses? In short, the answer is no. You can pay more taxes, but why would you? As business owners, the CRA gives us very few opportunities to do things in a tax-preferred way. Business owners are entitled to write off legitimate health and dental expenses through your business. There are a … Read More

Is Your Benefits Advisor Performing these 11 Key Roles for You?

Role of the benefit advisor

  I experienced something in the last few days that embarrassed me as a Benefits Advisor.  As much as there are many credible professionals within the benefits business, there are more than our fair share of brokers/advisors that are greedy, lazy and bring no value to their clients.  Like in any industry, there will always be a few bad eggs.  So … Read More