No one has the answers to everything all the time. We look to others who are experts in their field and have hands on experiences relating to that topic. We seek advice and trust the knowledge they share and use them as a resource to make better decisions. I recently read an article about tapping other’s brains for your own personal breakthrough. That made me think of my life.
I am constantly looking to others for their advice and guidance, because again, we cannot be experts in everything. Just yesterday I asked my mom how to cook her famous lasagna. She gave me the recipe and walked me through how to make it just right. Now it didn’t turn out as good as hers, but I tapped into her knowledge of cooking and it came pretty close.
Then that made me think of BASE®. Every day we speak with people seeking advice on what they should do concerning employee benefits and tax-advantaged plans. A lot of business owners don’t even know they have these options to help them save valuable tax dollars. Our representatives walk people through our different products and services, provide benefit strategies and answer questions that come up.
Recently, a client out of Arlington, VA shared how using BASE® as a resource took something complex and made it simple and easy to understand. After speaking with BASE®, he was able to make better business decisions that led to valuable tax savings for his company. This example shows that utilizing someone’s expertise and tapping into their knowledge can be beneficial and allows you to make better, more informed decisions.
Our expertise and up to date information is what keeps our plans in compliance and penalty free. BASE® works hard to stay current on changing legislation and compliance regulations. Both BASE® Business Partners and clients have come to rely on BASE® as a resource when it comes to tax-advantaged employee benefits and compliance services. In fact, one client enrolled since 2000 stated, “I have always felt the staff was excellent and is always there to answer any questions with effective answers.” Another BASE® client said, “BASE® is courteous and thorough, and their follow up is unlike any other company.”
Utilizing BASE® and our expertise can help to assess employee benefit needs, and we can provide an initial analysis to develop a winning benefit strategy. Contact BASE® today to tap into the BASE® knowledge!
Goals, it tends to be a keyword at this time of year, and someone who runs any type of farm or business has the weight of both personal and business goals. A lot of times it is important to remember that leaning on others to help you in fulfilling your goals is half the battle.
Personally, it is a great time to really look at your health and assess what you and your family spend on out-of-pocket healthcare expenses. By looking back, you can maybe find other means of being healthier and spending smarter. Maybe it is as simple as focusing on a yearly check-up or how often you are buying out-of-pocket items like prescription medications, glasses, sunscreen and more. Are you paying more than you need to for these types of items, and are you taking advantage of all the benefit programs out there?
From a business standpoint, this is also a great time to assess the health and well-being of those around you. Statistics show that having healthy employees is important to productivity and cost containment. In fact, according to a February 2015 survey report from the nonprofit Health Enhancement Research Organization (HERO), Exploring the value Proposition for Workforce Health, “leaders turn to workforce initiatives in an effort to control health care costs. While there is research evidence to support this positioning, there is also evidence supporting a broader value proposition such as increased productivity and performance, higher engagement and morale, and lower turnover rates.” Plus, being healthy is not only considered a state of well-being, but also financial well-being. That makes a business owners job two-fold, to ensure those working for them are not only physically healthy to continue performing their job, but also financially healthy.
Are your benefits eating up the dollars in your paychecks? One way to attack this goal is to assess all the different types of benefits and perks you provide, or that are available to you as an employee. There are so many new ways to trim health benefit costs these days to put more money back into your business and keep it in paychecks. There are easy ways to pre-tax health insurance premiums and out-of-pocket medical expenses to help you achieve financial goals, relieve stress and put you, your family and the people who work for you on the road to healthy living. Educate yourself on simple pre-tax benefit plans that can help your financial health as well as enhance your physical health by calling BASE® at 1-888-386-9680.