Browsing Tag

employee benefits

The Basics Of Dental Insurance – What You Need To Know

What is dental insurance?

Dental insurance is a kind of health insurance that covers costs related with dental care. There are a number of different kinds of group, family, or individual dental insurance plans that are grouped into three main categories: Indemnity (or occasionally known as true dental insurance) that permits you to see any dentist you desire who accepts insurance, PPNDP (Preferred Provide Network dental plans), and DHMO (Dental Health Managed Organizations) in which you are allocated to an in-network dental office or in-network dentist and have got to keep on within that network to take advantage of your dental benefits.

August 20, 2012

General

Do You Have A Pension Plan?

Do you know if your company has a pension plan? All too often employees are very unaware of all the employee benefits their company has to offer. Even if they have a pension plan they are often unaware of most of the details around it.If your company does have a pension plan, consider yourself blessed. Not nearly as many companies offer them as in the past. However, it is important that you understand what exactly you will be entitled to when you retire or leave your current job. Also, if you want to ensure adequate funds during retirement, you are going to want to make sure you are contributing towards your pension plan if applicable.

June 29, 2011

Family

What We Learned About Employee Benefits

I have written before about the importance of employees taking advantage of their work benefits, as the benefits are a big part of an employee’s compensation. Unfortunately, due to misunderstanding the true cost of the health and dental benefits offered at my husband’s work place, we decided not to take advantage of his benefits. We thought that they were too costly and that we wouldn’t make enough use of them to justify the cost.

Unfortunately both my husband and I have had to get some major dental work done recently and after looking into his benefits further, had we decided to sign up for the benefits when he was first eligible, the benefits would have turned out to be really helpful now in paying our dental bills.

October 12, 2010

General

Take Advantage Of Your Employee Benefits

Are you an employee? If so, it’s very important that you understand all the benefits that come alongside your salary or wage. As an employee, especially if you work for a large company, you may be surprised at just how many benefits you may be overlooking. In order to ensure that you are taking full advantage of all your benefits, request benefits information from your employer and read through the material carefully.

If you are lucky, your employer will be willing to match contributions you make up to a certain percentage into your RRSP. If this is the case, be sure to open an RRSP through your company’s group plan as soon as you are eligible to receive the free money. If you already have an RRSP set up outside of your work, consider diverting the contributions over to your work plan where you are eligible for the benefits and use your other RRSP only if you want to contribute over and above what the company will match.

August 21, 2010