Resources

2021 Retirement Plan Limits Released by IRS

Important Dates October 26, 2020: The IRS released the 2021 retirement plan limits. January 1, 2021: The effective date of the 2021 retirement plan limits. The Internal…

HSA/HDHP Limits Increase for 2021

In May 2020, the IRS released Revenue Procedure 2020-32 to provide the inflation-adjusted limits for health savings accounts (HSAs) and high deductible health plans (HDHPs) for 2021.…

People of Horton: Amy Vos

Team player. Go-getter. Dealmaker. Amy came to Horton fresh out of college.

Wine Collection Insurance: How It Works

So you’ve become a wine collector. What began as keeping a few bottles on hand developed into a passion for collecting. That hobby cellar has…

Stop Loss Captives – An Explanation

In today’s climate, managers need benefits solutions as resourceful and cutting-edge as the organizations they run. As every business is unique and requires its own…

IRS Releases the Final Forms and Instructions for 2020 ACA Reporting

Highlights Final forms and instructions for 2020 reporting under Sections 6055 and 6056 are now available. The “Plan Start Month” box on the Form 1095-C…

New FAQs for Paycheck Protection Program Loan Forgiveness Issued by SBA

Recently, the Small Business Administration (SBA) published a new set of answers to frequently asked questions about the forgiveness of loans issued under the federal Paycheck Protection…

The 7 Biggest Threats Facing High Net Worth Families Today

Ironically, good fortune often exacerbates the challenges facing high net worth families, whose affluence makes them more vulnerable to investment fraud, kidnapping, cyberattacks and other menaces.…

The Top 5 Risks: How to Protect Your Wine Collection from Harm

Properly stored, many wines can age for decades. They increase in complexity and beauty—and, over time, some increase in value. But all wines are relatively…

Best Practices on How Employers Should Handle MLR Rebates

Highlights Overview: The ACA requires health insurers to spend a minimum percentage of their premium dollars, or MLR, on medical care and health care quality…

Looming Weather and Climate Disasters of 2020

Tornadoes, hail, floods, wildfires, hurricanes, and winter weather are happening with higher frequency across the U.S. Being in the Midwest, we sometimes feel an immunity…

ACA Pay or Play Penalties Will Increase for 2021

The Affordable Care Act (ACA) requires applicable large employers (ALEs) to offer affordable, minimum value health coverage to their full-time employees or pay a penalty.…

Federal Court Strikes Down Part of the DOL Joint Employment Rule

On Sept. 8, 2020, a federal district court struck down parts of the U.S. Department of Labor (DOL) joint employer rule. This new rule became…

The Fourth Turning: Neil Howe Answers Your Questions

In 1997, Demographers Neil Howe and William Strauss wrote the book The Fourth Turning, which predicted America would enter a generation-long era of fundamental civic…

Why Wine Collectors Need to Be Careful About Insurance

In the last decade, fine wine purchasing has grown significantly in the United States. While American connoisseurs have always kept cellars stocked with fine Bordeaux,…

Wisconsin Short Term Tax Collector Bond

In August 2017, the Wisconsin State Legislature made changes to the Municipal treasurer’s bond statute 70.67. For the 2020-2021 tax season, one of the following…

Safety Perception Is Reality

When it comes to workplace safety, the perception of employees is just as important as the reality of the situation. The perception of safety can…

Your Safety Program: What Data Analytics Do You Incorporate into Your Audit Process?

Safety observations and audits are a critical element of all successful safety programs. The human element accounts for at least 90% of all occupational accidents, while…

Your Safety Program: Have You Completed a Formal Assessment of Your Safety Culture Through Anonymous Surveys?

Much has been written about the importance and effectiveness of a strong culture of safety, but how do you know if your organization actually has a…

Your Safety Program: Do You Require a Post-Offer Functional Capacity Evaluation To Determine if an Applicant’s Strength Equals or Exceeds the Physical Demands of the Job?

Despite efforts to reduce soft tissue injuries in the workplace through ergonomic improvements, employers continue to struggle with costly back, knee, and shoulder injuries among employees…

Your Safety Program: Have You Completed a Thorough Assessment of Safety Compliance Liabilities?

OSHA compliance has become increasingly complex in recent years. Furthermore, employers can comply with all standards relevant to their operations, but still be in non-compliance.…

Your Safety Program: Do You Involve the Injured Worker, Supervisor, Department Manager, and Highest Ranking Executives in the Accident Investigation Process?

The definition of an accident is “an undesirable or unfortunate happening that occurs unintentionally and usually results in harm, injury, damage, or loss.” Accident investigation is…

Your Safety Program: Do You Establish Specific, Measurable, Achievable, Realistic, and Timely Goals and Metrics to Monitor the Effectiveness of Your Program?

It has been said, “you can’t manage what you can’t measure,” and this is true with successful safety programs. Some companies don’t measure or track basic…

Driver Eligibility Criteria: From “Nice to Have” to “Need to Have”

For many years it was acceptable to have your insurance broker or carrier approve or deny drivers based on their MVR (Motor Vehicle Record). The…