|Services > Additional
As employee benefit specialists, Midwest Pension Actuaries,
Inc. also provides additional benefit services. These include:
Cafeteria/Section 125 Plans
These plans allow for Premium Only or Flexible Spending
Accounts that make it possible for employees to pay certain
insurance premiums and medical expenses including co-pays,
deductibles, and even over the counter medications to
be paid for with tax-free dollars.
Consolidated Omnibus Budget Reconciliation Act.
A COBRA health plan states that if you leave your job
for any reason and were an active participant in the company's
health plan prior to your departure date, you have the
right, if you wish, to continue the health insurance coverage
you and your family received, for 18 months.
IRA Planning and Management
As retirement specialists, it is a natural transition
to assist in all aspects of retirement planning including
Individual Retirement Accounts. We can help you plan your
retirement and help you manage your retirement. Retirement
planning doesn’t stop once you retire, it continues
throughout your retirement years.
The goal of life insurance is to provide a measure of
financial security for your family after you die. So,
before purchasing a life insurance policy, you should
consider your financial situation and the standard of
living you want to maintain for your dependents or survivors.
For example, who will be responsible for your funeral
costs and final medical bills? Would your family have
to relocate? Will there be adequate funds for future or
ongoing expenses such as daycare, mortgage payments and
college? It is prudent to re-evaluate your life insurance
policies annually or when you experience a major life
event like marriage, divorce, the birth or adoption of
a child, or purchase of a major item such as a house or
A series of fixed payments paid at regular intervals
over the specified period of the annuity. The fixed payments
are received after a period of investments that are made
into the annuity.
Group Health Benefits,
Dental & Vision
An important aspect of employee benefits is Medical
Insurance. We can help you shop for the best program for
Tax Planning and
Tax Planning and Preparation.