Knowledge Base

From the latest news and updates to more in-depth information, we keep our finger on the pulse of what benefits you most.

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Health and Welfare, Retirement

Understanding and Communicating Your Company’s Benefit Plans

Understanding the benefits package of your company and how it operates can be daunting. Communicating it to the rest of the company can prove overwhelming!

Updates

NBS Successfully Completes its 2016 SSAE 16 (SOC 1) Type 2 Audit

The examination demonstrates our effectiveness in administering retirement and flexible benefit plans. The 2016 report year had no exceptions in any audited controls.

Updates

Introducing NBS’s New Identity Protection Program for Employees

We’re excited to announce that NBS is adding identity protection to our portfolio of benefits. What's the business case for brokers?

Health and Welfare

A TPA for your HSA – Beyond the Acronyms

Relationships with HSA providers are becoming long-term ones. Thus, the choice of the right HSA provider is now more important than ever.

Retirement

Cleaning Up Your Files? Keep the Retirement Plan Documents

It is important to maintain necessary plan records to assist with plan administration as well as remain in compliance with ERISA document retention requirements.

Health and Welfare

IRS Suspends Deadline for QSEHRA Initial Notices

On February, 27, 2018, the IRS suspended the deadline by which eligible employers who provide a QSEHRA to eligible employees must provide written notice to those employees.

Health and Welfare

Dependent Care Assistance Program vs. Dependent Care Tax Credit

Congress provides taxpayers a couple of ways to save on day-care expenses for their children, it is crucial to understand how these programs work, their similarities, and their differences.

Retirement

The Saver’s Tax Credit – How to get Uncle Sam to Contribute to your 401(k)

A special tax benefit called the Saver's Tax Credit gives low to moderate income taxpayers one more reason to save for retirement.

Health and Welfare

New Year: Invest in Your Identity Wellness

Though often overlooked, your identity wellness deserves the kind of attention that people tend to put towards their health at the start of each new year. Your identity wellness encompasses everything from your financial security, credit profile, and credit score to digital privacy.

Health and Welfare

New Opportunity for Small Employer HRAs – Updated 3/1/2017

New HRA provisions will allow for small employers to offer stand alone HRAs that reimburse qualified medical expenses, including insurance premiums.