by Simplified Financial | Mar 1, 2021 | Blog, Financial Consulting, Group Benefits, Insurance, Investing
Have you ever wondered how a financial advisor gets paid? There are two main methods: fees for services and built-in commissions. Fees for Service In the fees for service method, an advisor might charge a fee by the hour. Built-In Commission A built-in commission...
by Simplified Financial | Jan 11, 2021 | Blog, Financial Consulting, Group Benefits, Insurance, Investing, Retirement
Why are financial reviews important? Financial reviews keep the flow of communication between you and your financial advisor. Financial reviews are important to: Update changes to your account and policy informationAdvise you of new products and services that may...
by Simplified Financial | Aug 4, 2020 | Blog, Financial Consulting, Group Benefits, Insurance
At Simplified Financial, we often hear this: I don’t need insurance. I’m covered under my spouse’s plan.— Common Client Response Many people believe that having coverage under one spouse is enough. However, standard group plans do not always...
by Simplified Financial | Oct 3, 2019 | Group Benefits, Insurance, Investing
The type of policy has no bearing on the beneficiary designation, whether the policy is Whole Life, Universal Life, or Term Insurance. However, be sure to legibly list the correct names of your beneficiaries on all your group, life, and investment policies. Otherwise,...
by Simplified Financial | Aug 12, 2019 | Group Benefits
Health Spending Account Also known as a Health Care Spending Account (HCSA), an HSA covers employees for Health and Dental Expenses. An employer sets the number amount of allotted funds for each employee. The provider reimburses the employee for Health and Dental...
by Simplified Financial | Jul 9, 2019 | Group Benefits
Cookie-cutter plans are precisely that, they are the same style, one-size-fits-all, of benefits for all eligible employees. Employees, at any age and of any health, receive the same benefits package. The pricing of these benefits is not always the most affordable...
