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Employer Life Insurance Salem NH

Local resource for employer life insurance in Salem. 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.

Ms. Marilyn M. Sanford (RFC®), EA, MBA
(978) 677-6511
218 Ames Hill Dr
Tewksbury, MA
Company
Ames Pond Tax & Financial Planning
Qualifications
Education: BA; MBA; Certificate in Financial Planning; Series 6, 7, 63 & 65 licenses; Mass Life, Health Insurance & Variable Annuities Licenses
Years of Experience: 13
Membership
IARFC
Services
Invoice, Retirement Planning, Tax Planning, Tax Returns, Stocks and Bonds, Mutual Funds, Annuities, Life Insurance, Medical Insurance, Education Plan

Data Provided by:
Mr. Zachary M. Longley (RFC®), CSA, MBA
(978) 465-1483
37 1/2 Forrester Street
Newburyport, MA
Company
Northeast Planning Associates
Qualifications
Education: BS, MBA
Years of Experience: 18
Membership
IARFC
Services
Invoice, Estate Planning, Retirement Planning, Medicaid Planning, Mutual Funds, Annuities, Life Insurance, Long Term Care Insurance, Charitable Planning, Education Plan, Asset Protection

Data Provided by:
Northwestern Mutual - Gregory Telge
(603) 668-8862
1779 Elm St
Manchester, NH
 
Northwestern Mutual - Scott Christensen
(603) 627-7608
1000 Elm St, Fl 12
Manchester, NH
 
Mr. R Dean Ogelby (RFC®), LUTCF
(603) 827-3022
PO Box 420
Harrisville, NH
Company
Compass Financial Group
Qualifications
Education: A graduate of the Indiana University of Pennsylvania earning a Bachelors of Science (B.S.)degree in psychology
Years of Experience: 21
Membership
IARFC, NAIFA
Services
Invoice, Estate Planning, Business Planning, Portfolio Management, Pension Planning, Retirement Planning, Employee Benefits, Mutual Funds, Annuities, Life Insurance, Disability Income Insurance, Long Term Care Insurance, Medical Insurance, Group Insurance, Asset Protection, Compensation Plans

Data Provided by:
Mr. Raymond R. Noel (RFC®), MBA
(603) 595-7526
409 Amherst Street
Nashua, NH
Company
Northeast Planning Associates, Inc.
Qualifications
Education: BS
Years of Experience: 11
Membership
IARFC
Services
Invoice, Estate Planning, Retirement Planning, Mutual Funds, Annuities, Life Insurance, Disability Income Insurance, Long Term Care Insurance, Medical Insurance

Data Provided by:
Northwestern Mutual - Jeffrey Photiades
(603) 206-6094
1000 Elm St, Fl 12
Manchester, NH
 
Blue Cross and Blue Shield of New Hampshire
(800) 225-2666
3000 Goffs Falls Rd
Manchester, NH
 
Mr. Raymond R. Noel (RFC®), MBA
(603) 595-7526
409 Amherst Street
Nashua, NH
Company
Northeast Planning Associates, Inc.
Qualifications
Education: BS
Years of Experience: 11
Membership
IARFC
Services
Invoice, Estate Planning, Retirement Planning, Mutual Funds, Annuities, Life Insurance, Disability Income Insurance, Long Term Care Insurance, Medical Insurance

Data Provided by:
Mr. James E. Knee (RFC®), MBA
(603) 224-1010
6 Loudon Road, Suite 505
Concord, NH
Company
Sterling Financial Services, LLC
Qualifications
Education: B.S., University of Bridgeport;MBA, Southern New Hampshire University;Advanced Certificate in International Business;Series 24 Registered Principal License;Series 7 and 63 Securities License;NH Health and Life Insurance License
Years of Experience: 26
Membership
IARFC, FPA
Services
Invoice, Estate Planning, Pension Planning, Retirement Planning, Tax Planning, Tax Returns, Seminars Work, Employee Benefits, Education Plan, Asset Protection

Data Provided by:
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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