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IRS Announces HSA Limits for 2020

On May 28, 2019, the Internal Revenue Service (IRS) released Revenue Procedure 2019-25 announcing the annual inflation-adjusted limits for health savings accounts (HSAs) for calendar year 2020. An HSA is a tax-exempt savings account that employees can use to pay for qualified health expenses.To be eligible for an HSA, an employee:Must be covered by a … Continued

Spring Clean Your Life

The winter doldrums have left most of the country and we are witnessing the arrival of spring. Just like the budding trees and baby animals signify a new start, so does a fresh cleaning of your home. But don’t let the spring cleaning stop with the physical place where you live—extend it to all corners … Continued

Insuring the Times of Your Life

Preston Newby was a youth minister. He and his wife, Tara, were driving with their son to visit family—excited to announce a new baby on the way. In the keeping with the kind of person Preston was, he stopped to help at the scene of an accident. That’s when he was struck by another car … Continued

Thank you, IFS clients and employees!

We are so grateful for the esteemed honor of “Top Producer with Highmark Blue Cross Blue Shield of Delaware.” Without our amazing clients and hardworking team, we would have never achieved this level of recognition for eight straight years. So, let us take a moment and say “THANK YOU!”

Millennials are HRs biggest challenge in the multi-gen workplace

Dive Brief:Almost half of HR professionals (48%) reported millennials as their largest non-desk work group, but 32% said they are the hardest generation among Gen Z, Gen X and baby boomers to engage, according to research from Speakap. The corporate social platform surveyed 250 HR professionals in the U.S. and U.K. on their use of technology to retain and … Continued

Who Can I Name as a Beneficiary on My Life Insurance Policy?

First off, great job on buying life insurance! You took an important step by protecting the ones you love.Every life insurance policy requires you to name a beneficiary. A life insurance beneficiary is typically the person or people who get the payout on your life insurance policy after you die; it may also be a … Continued

Hot Trends in HR

2019 has ushered in many new trends such as retro cartoon character timepieces, meatless hamburgers, and 5G networks to name a few. Not surprisingly, trend-watching doesn’t stop with pop culture, fashion, and technology. Your company’s human resources department should also take notice of the top changes in the marketplace, so they are poised to attract … Continued

Federal Employment Law Update — April 2019

EEOC Releases Fiscal Year 2018 Enforcement and Litigation DataOn April 10, 2019, the U.S. Equal Employment Opportunity Commission (EEOC) released detailed breakdowns for the 76,418 charges of workplace discrimination the agency received in fiscal year 2018. The comprehensive enforcement and litigation statistics for FY 2018, which ended September 30, 2018, are posted on the agency’s website, … Continued

5 Simple Tips to SPRING into Fitness!

Spring is here! That means it’s time to ditch those winter layers, and even that excess winter weight. No matter what your current fitness level, spring is a great time to refocus your habits and spruce up your routine.Get a Check Up or a PhysicalBefore starting any new fitness regimen, it’s a good idea to … Continued

Intern Season is Here!

Summer internships offer students opportunities to gain real-world experience and hands-on career development. Conversely, internship programs give employers access to highly motivated and educated young workers and give junior managers more experience training and supervising. There are benefits for everyone involved.However, there are some people risks that many employers overlook. One of the largest issues … Continued

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