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Spectrum Employee Benefits

WEBSpectrum offers an array of retirement plan services. Plan design, document creation, recordkeeping, third party administration, match and profit sharing calculations, …

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Spectrum Employee Benefits

WEBWhen receiving money accumulated in your employer-sponsored retirement plan, you have two options: lump sum or annuity. What Is a 401 (k) Plan? 401 (k) employer-sponsored …

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Spectrum Employee Benefits

WEBRetirement & Inflation. Use this calculator to estimate how much income and savings you may need in retirement. Estimate the annual required distribution from your traditional …

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New Medicare Rules Tackle Prescription Drug Prices

WEBNew Medicare Rules Tackle Prescription Drug Prices. The Inflation Reduction Act of 2022 included provisions intended to lower prescription drug costs for Medicare enrollees and …

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Managing Medicare Out-of-Pocket Costs

WEBManaging Medicare Out-of-Pocket Costs. Medicare covers only 60% of total health-care costs for Americans age 65 and older. 1 Deductibles, copays, coinsurance, and …

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HDHP/HSA Pairing May Help Control Medical Costs

WEBHDHP/HSA Pairing May Help Control Medical Costs. If your employer offers health insurance benefits, one of your options may be a high-deductible health plan (HDHP) …

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Article: How Much Do I Need to Save

WEBMany realize it’s important to save for retirement, but knowing exactly how much to save is another issue altogether.

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Spectrum Employee Benefits

WEBA retirement plan under which the annual contributions made by the employer or employee are generally stated as a fixed percentage of the employee's compensation or company …

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ISM Indexes Watch for Trouble on Both Sides of the Economy

WEBISM Indexes Watch for Trouble on Both Sides of the Economy. Economists and investors pay attention to the Institute for Supply Management (ISM) Manufacturing Purchasing …

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