nyhart.com
FSA, HRA & HSA | Nyhart Actuary & Employee Benefits
http://www.nyhart.com/expertise/flex-accounts
FSA, HRA & HSA. Flexible Spending Accounts enable employers and/or employees to set aside money on a pre-tax basis to reimburse qualified medical and dependent care costs. Combining a defined contribution program such as Flexible Spending Accounts (FSA). Health Reimbursement Arrangements (HRA). Or Health Savings Accounts (HSA). By the very nature of pre-tax benefits, savings to the employee and employer are nearly automatic. Develop plan design and benefit provisions. Compliance testing and consulting.
nyhart.com
Employee Stock Ownership Plan (ESOP) | Nyhart Actuary & Employee Benefits
http://www.nyhart.com/expertise/esop-employee-stock-ownership-plan
Employee Stock Ownership Plan (ESOP). An Employee Stock Ownership Plan (ESOP) is a defined contribution plan in which the employees are owners of the company. As owners, employees may be more motivated to improve corporate performance because they can benefit directly from company profitability. The primary investment of the ESOP must be company stock, although most plans will also include a cash fund for transactions. In fact, Nyhart has been an ESOP for 30 years, so we know a little about this topic.
nyhart.com
Cash Balance Plan | Nyhart Actuary & Employee Benefits
http://www.nyhart.com/expertise/cash-balance-plan
Cash balance plans are a great solution for highly profitable small businesses who are seeking to maximize tax deductions. And making large contributions to an owner’s retirement plan while giving employees a valuable retirement benefit. A cash balance plan is a defined benefit plan that is very similar to a traditional pension but with a few features that more closely resemble a 401(k) defined contribution plan. Learn more in our cash balance plan FAQ. Is a cash balance plan right for you? Prepare proje...
nyhart.com
Pat Metallic | Nyhart Actuary & Employee Benefits
http://www.nyhart.com/experts/pat-metallic
Certified Employee Benefit Specialist (CEBS). Purdue University, B.S., Management. With more than 25 years in benefit administration, Pat Metallic is a proven expert in plan design, administration and compliance at Nyhart. Pat joined Nyhart in 2012 after working in several leadership roles within the employee benefits industry. He started his career in the daily valuation team for an insurance company's defined contribution division followed by joining a third party administrator for balance forward ...
nyhart.com
Tools | Nyhart Actuary & Employee Benefits
http://www.nyhart.com/tools
Benefit tools and Calculators. Manage Your 401(k) On Your iPhone or Android. Nyhart is pleased to offer to our daily valuation 401(k) participants the ability to manage your accounts on your Android or iPhone smartphone. This free app is available today. The free mobile app is available on the Android Market and the iTunes App Store. The app is only applicable for 401(k) participants whose benefit is administered by the Daily Valuation group within Nyhart. There can be serious consequences for not purcha...
nyhart.com
Randy Gomez | Nyhart Actuary & Employee Benefits
http://www.nyhart.com/experts/randy-gomez
Enrolled Actuary; Society of Actuaries Fellow; Member of the American Academy of Actuaries. Georgia State University, B.S., Business Administration and Actuarial Science; M.S., Actuarial Science. Randy consults to both public and private employers in areas including:. Financial Analysis, Design and Pricing for Health Care Plans. Actuarial Certification for MEWA Health Plans. Evaluation of Onsite Clinics. Fund Actuary for Taft-Hartley Funds. Medicare Part D Attestations. Before joining Nyhart, Randy serve...
nyhart.com
Careers | Nyhart Actuary & Employee Benefits
http://www.nyhart.com/careers
Nyhart Actuary and Employee Benefits. As an employee owned company, the efforts of our employee owners have a direct impact on the success of both the company and all employees. Therefore, we strive to build a team that shares a common goal: exceptional customer service and name recognition. We are then rewarded with both personal and financial success. We consider our people our greatest assets. Client Services Operations Coordinator. 8415 Allison Pointe Blvd. Indianapolis, IN 46250.
nyhart.com
Impact of Obergefell v. Hodges on Employee Benefit Plans | Nyhart Actuary & Employee Benefits
http://www.nyhart.com/ask/impact-of-obergefell-v-hodges-on-employee-benefit-plans
Impact of Obergefell v. Hodges on Employee Benefit Plans. The United States Supreme Court ( Court ) ruled in Obergefell v. Hodges. Obergefell ) that same-sex marriage bans are unconstitutional. The decision in Obergefell. Is a continuation of the Court’s expansion of protections of married same-sex couples from United States v. Windsor. Will primarily impact private employers with respect to state law including state taxes and related withholding. This ruling. If you have questions regarding this decisio...
nyhart.com
Karen Schneider | Nyhart Actuary & Employee Benefits
http://www.nyhart.com/experts/karen-schneider
Qualified 401(k) Administrator designation from the American Society of Pension Professionals and Actuaries. Ball State University, Business Administration. Bringing 25 years of experience in the employee benefit industry, Karen Schneider is a senior consultant specializing in 401(k) and defined contribution plans. Karen leads the day to day operations of Nyhart’s Balance Forward division, assisting with Balance Forward plan conversions. Articles written by Karen:. Deadline for PPA Restatements. The IRS ...
nyhart.com
Charles Munsell | Nyhart Actuary & Employee Benefits
http://www.nyhart.com/experts/charles-munsell
Enrolled Actuary, Member of the American Society of Pension Professionals and Actuaries. Purdue University, B.S. Applied Mathematics. For more than 30 years, actuary and Nyhart principal Charles Munsell has provided his clients a variety of actuarial pension consulting, with a specialization in general plan administration and defined benefit plans. Charles is married and has four grown children. He is part of a contingent of Nyhart employees who are avid cyclists. Articles written by Charles:. On April 4...