Please read our blog about a wide variety of insurance topics. Please feel free to ask us any questions.
5 Ways To Avoid Parking Lot Accidents
Posted: October 2, 2020
5 Ways To Avoid Parking Lot AccidentsAs Americans continue to pick-up online orders or use curbside to-go options for shopping or dining out, parking lots are still bustling with drivers (and sometimes, distracted ones). The good news is that your ERIE auto policy extends to parking lots. Just check in with your local ERIE agent to make sure your coverage limits provide you with optimal protection for the range of potential parking...
What Happens To My HSA/FSA If I Leave My Job?
Posted: September 28, 2020
What Happens To My HSA/FSA If I Leave My Job?Many employers today are offering health savings accounts (HSAs) or flexible spending accounts (FSAs) to employees. Both types of plans allow for tax-free contributions to cover qualifying medical expenses, as detailed by the IRS. A critical difference between the two plans is you keep the funds in an HSA if you leave your job, but you lose the funds with an FSA. What Is A...
On The Bright Side: 10 Ways We’re (Still) Here For You During COVID-19
Posted: September 21, 2020
On The Bright Side: 10 Ways We’re (Still) Here For You During COVID-19Just when it feels like we’re adjusting to our “new normal,” the curveballs keep on coming. Will our kids adjust to virtual classrooms? What happens when the sunny weather turns to snow? How long will this go on, anyway? We get it: Navigating this pandemic can be exhausting. While we can’t fix your wi-fi during an important video call or magically stock your local store...
Understanding 401(k) Terms: Sponsor & Third-Party Administrator
Posted: September 13, 2020
Understanding 401(k) Terms: Sponsor & Third-Party AdministratorA 401(k) plan is an excellent benefit for employers to offer employees. It is a tax-deferred, defined-contribution retirement account that gets its name from a section of the IRS Code. Many employers offer matching funds for all or part of their employees’ contributions to a 401(k) plan. If you are opening a 401(k), two key terms to understand are “sponsor” and “third-party administrator.” What Is...
I Have Life Insurance Through Work. Isn’t That Enough?
Posted: September 8, 2020
I Have Life Insurance Through Work. Isn’t That Enough?Picture this: You land an exciting new job with great benefits: vacation time, health insurance, 401(k)… even free lunch once a week! They offer group life insurance, too – two times your annual salary. That sounds like a lot, right? In many cases, it might not stretch as far as you think. Let’s say you make $50,000 per year. A benefit of $100,000 can make...
