Employee Group Benefits Divisions
Employer Sponsored Benefit Plans
TPS Group Medical
Group Medical Benefits
Highly impressed with their level of expertise and outstanding customer service.
I highly recommend TPS Group and their quality third-party administration for our 403(b) plan. During our long relationship with TPS Group, we have never failed to be impressed with their level of expertise and outstanding customer service. They keep their promises and it’s easy to work with them. Having our own rep Lauren McNabb is a plus!
Employee Group Benefits Services
Group Medical Insurance
Every year the cost of health insurance is increasing, making it difficult to continue to offer it to your employees and retirees. When we meet with an employer group, first and every time, we’ll ask questions to put together a comparison of plans based on your answers and the best value. We’re here to help make it an effortless process.READ MORE »
Health Reimbursement Accounts
Health Reimbursement Accounts (HRA) may work in conjunction with any insurance plan. It can be designed to cover specific health expenses, or insurance plan cost-sharing, such as co-pays, coinsurance or a portion of the deductible on a High Deductible Health Plan. HRAs are funded and owned solely by the employer and are utilized for the benefit of employees to cover the cost of medical expenses chosen by you.READ MORE »
As a business owner in New York with employees, you know the state mandates disability coverage for your employees that get sick or hurt off the job. NYS DBL provides coverage up to 26 weeks for your employees. For a very affordable rate you can enhance this coverage, increasing the weekly amount available.READ MORE »
Group Life Insurance
No one likes to think about prematurely dying, but the reality is it happens. Protecting those left behind is what life insurance is all about. Whether the goal is to pay off debt, like a mortgage, cover lost income or retirement, or give children the ability to continue to go to college. It’s care when someone is no longer here.READ MORE »
Employee Group Benefits Resources
Employee Group Benefits Frequently Asked Questions
Q: What does a company have to do after establishing a profit sharing plan?
If you establish a profit-sharing plan, you:
- Can have other retirement plans
- Can be a business of any size
- Need to annually file a Form 5500
Employee Group Benefits Articles
Cybersecurity Threats and Retirement Plans
Are you at risk of a cyber-attack? The answer to that question is yes. Millions of credit card numbers and other forms of personal information are stolen ...
Boost Retirement Savings with a HSA
Health Savings Accounts (HSAs) offer significant tax advantages and can be an effective way to cover health care costs in retirement. By law, HSAs are ...