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There’s no doubt that the COVID-19 pandemic has created various financial constraints on Americans. From job losses and furloughs to the need for continued healthcare coverage and tax savings, our communities are feeling the pain. To provide some economic relief, the IRS and Department of Labor (DOL) recently released more guidance on changes to Section 125 Plans and COBRA provisions. 

Friday, 15 May 2020 12:25

The CARES Act Student Loan Deferment

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To help ease some of the financial stress many Americans are facing due to the Coronavirus pandemic, the Federal Government passed the Coronavirus Aid, Relief, and Economic Securities Act, or the CARES Act in late March. The CARES Act was responsible for a number of programs including the stimulus checks that were distributed in April, but it also provides additional financial relief by deferring Federal student loan payments with 0% interest until September 30, 2020.

Friday, 08 May 2020 14:49

Are Your Benefits Competitive?

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At Fall River we understand that during the past few months, everyone has been focused on the Coronavirus. As employers start to come up for air and tally up the financial hits from the pandemic, it’s more crucial than ever to find ways to save money and still be able to offer a competitive benefits package to employees. When was the last time you measured your benefits package against other employers?

Friday, 17 April 2020 14:08

A Summary of the COVID-19 Relief Acts

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Life has become more challenging for most of us as we sift through the various demands COVID-19 has added to our work and personal lives. The financial concerns of individuals and companies is just one area of added stress we’re facing. Since March 4, 2020, there have been four COVID-19 relief acts put in place, with possibly more to come. 

Friday, 10 April 2020 11:35

The FAQs of Disability Insurance

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At Fall River we receive many questions regarding disability policies, and COVID-19 has introduced a plethora of new inquiries. Since disability provisions can be confusing and can vary between carriers, we’ve gathered a list of the most common questions our clients have posed to us. 

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