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What Is a Qualifying Life Event?

PeopleKeep

When the Affordable Care Act went into effect, it guaranteed that everyone who applied for individual health insurance would be approved for and enrolled in coverage.

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Three Words That Irk Me and Why

Money Talk

Many of these “still” phrases are a result of social clocks; i.e., norms governing the ages at which particular life events are “supposed to” occur. Just” can also reveal a lack of confidence when used as a hedging qualifier. What words get under your skin and why? Unlike 99% of my Money Talk posts, this one is different.

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Do Your Employees Understand Qualifying Life Events?

Benefit Resource Inc.

More seasoned employees may be aware of what qualifying events are and the impact they have on pre-tax elections, but newer employees may not be as familiar with the changes involved. We all understand that getting married or divorced, having a baby, and changing jobs are qualifying life events. Turning 26.

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Voluntary benefits: A guide for your first-time enrollees

WEX Inc.

What are some examples of voluntary benefits? Here are some prime examples: Supplemental life insurance : This benefit allows you to bolster your life insurance coverage, ensuring your loved ones are well taken care of in case of the unexpected. What are some of the perks of these benefits?

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What Are the Deadlines for Open Enrollment 2024?

Best Money Moves

What are the deadlines for Open Enrollment 2024? What are the deadlines for Open Enrollment 2024? November 1, 2023, through January 31, 2024 Special enrollment periods for Open Enrollment 2024 Outside of the deadlines listed above, there are qualifying life events that allow people to qualify for special enrollment periods.

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What is a special enrollment period?

PeopleKeep

However, what if you need to sign up for health insurance during other parts of the year, like when you lose employer-sponsored coverage, age out of a parent’s plan, or move to a new state? This time period is known as “open enrollment,” and keeps people from signing up for an insurance plan only when they get sick or injured.

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Ten Tax Planning Tips for 2022

Money Talk

To err on the side of caution in the event of an audit, experts advise keeping tax records for at least six years. ¨ Saving even 1% more of pay can make a difference in later life. There are online calculators like this one than can show you what you could save. To do this, file a new W-4 form or make larger estimated payments.

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