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Employer Life Insurance Hayden ID

Local resource for employer life insurance in Hayden. Includes detailed information on local businesses that provide access to employer-sponsored insurance, employer liability insurance, small employer health insurance, and information on insurance requirements for employers, as well as advice and content on group health insurance.

Ronald L. Glendening (RFC®), CFP
(208) 667-8998
2141 Merritt Creek Loop
Coeur DAlene, ID
Company
Pinkerton Retirement Specialists LLC
Qualifications
Education: BAM.Div
Years of Experience: 11
Membership
IARFC, FPA
Services
Invoice, Estate Planning, Portfolio Management, Retirement Planning, Stocks and Bonds, Mutual Funds, Annuities, Life Insurance, Long Term Care Insurance, Charitable Planning, Compensation Plans

Data Provided by:
Brian Burks, MBA
5660 East Franklin Rd. Suite #130
Nampa, ID
Company
Title: Managing Partner
Company: Burks Wealth Management
Type
Investment Advisor Rep: Yes
Registered Investor: Yes
Education
U of Idaho/B.S. - Marketing
Boise State University - MBA
Years Experience
Years Experience: 15
Service
Life Settlements,IRA, 401k, Roth IRA, QDRO Rollovers,CD Alternative,Annuities,Long-Term Health Care Planning,Annuity Ideas & Strategy Planning,Estate Tax Planning,Asset Protection Strategies & Planning,Hourly Financial Planning Engagements,401k Rollover From Employer,Income for Life/ Preserve Principal,Life Insurance,Investment & Portfolio Management,Commission-Only Financial Planning (Full Disclosure),Insurance & Risk Management Planning,Retirement Income Accumulation Planning,Individual Income

Data Provided by:
New York Life Insurance Company
(208) 853-1155
3371 N Lakeharbor Ln
Boise, ID
 
Metropolitan Life Ins Co Sales
(208) 343-4091
3050 N Lakeharbor Ln
Boise, ID
 
Massachusetts Mutl Life Ins Co
(208) 364-0500
3501 Elder St
Boise, ID
 
Ronald L. Glendening (RFC®), CFP
(208) 667-8998
2141 Merritt Creek Loop
Coeur DAlene, ID
Company
Pinkerton Retirement Specialists LLC
Qualifications
Education: BAM.Div
Years of Experience: 11
Membership
IARFC, FPA
Services
Invoice, Estate Planning, Portfolio Management, Retirement Planning, Stocks and Bonds, Mutual Funds, Annuities, Life Insurance, Long Term Care Insurance, Charitable Planning, Compensation Plans

Data Provided by:
American Income Life Insurance
(208) 344-3774
225 N 16th St
Boise, ID
 
Colonial Life & Accident Insurance
(208) 336-8666
13965 W Chinden Blvd
Boise, ID
 
Hartley Insurance
(208) 322-3473
931 S Allante Pl
Boise, ID
 
Farm Bureau Financial Services
(208) 356-4439
1116 Bond Avenue
Rexburg, ID
Alternate Phone Number
208-356-4439
Services
insurance planning

Data Provided by:

Business Tax Deduction - Life Insurance

Business Tax Deduction - Life Insurance

Life Insurance is a fairly common and accepted part of the risk management of any good personal or business financial plan. It is not, however, a valid business tax deduction.

In any personal or business financial plan, risk management plays an important part. Insurance is the primary mover in most risk management plans and the premiums paid for insurance on your inventory, physical buildings, and all types of liability are valid business tax deductions that can reduce your business tax liability. Life insurance is the one type of policy that is excluded from this. The premiums paid for Life Insurance policies are not tax deductible.

Other types of insurance could also include unemployment insurance and workman's compensation insurance. These common forms of business insurance are closely regulated and any funds spent on them are obvious tax deductions. The fact that most forms of insurance premiums are almost automatic business tax deductions often fools small business owners into thinking that their life insurance premiums are deductions also.

There is a good argument for this to be so. Small business owners especially are usually closely associated with the success or failure of their own business. In other words, if they die that usually spells the end of the business. This is the purpose, of course, of the small business owner wisely insuring his life. It is his hope that in case of his death not only will his dependents be protected, but the business will be able to survive his loss. Although this seems to indicate that life insurance is almost a business necessity for the small business owner, the tax codes and rulings of the IRS are what determines deductions.

There are some cases where life insurance premiums might be considered a business tax deduction. This would be when the small business purchases life insurance on some of their key employees. The risk management idea here is that the insurance is s...

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Self Employed Health Insurance Deduction

Self Employed Health Insurance Deduction and Cobra

There is no disputing that health insurance can be a night mare for the self-employed. This raises the issue of the self employed health insurance deduction and Cobra.

Self Employed Health Insurance Deduction and Cobra

Health insurance is one of the primary concerns for all self-employed business owners. When working as an employee for a company, health and dental insurances are usually provided to some extent by that company. However, many home business owners become concerned when leaving those companies to form their own businesses due to the loss of this health insurance. And if that wasn't a major concern in itself, even employees for major businesses are losing health insurance. Numbers of uninsured workers have risen due to the expensive costs of health insurance.

Despite this, there is good news for those who leave a company to run their own. An act known as the Consolidated Omnibus Budget Reconciliation Act, or COBRA, was passed that allows departing workers to buy health insurance through their employer's group plan. What this means is that those who are leaving a company can still buy insurance from their former employer. The benefits of this can be extensive for those looking to form their own companies but who are dismayed due to the potential loss of health insurance.

However, don't think that COBRA will be cheap. Many who go through COBRA to obtain health insurance are extremely surprised with the rat...

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