Survey: What Grabs Your Attention During Road Trips?
Posted: March 30, 2021
After the coronavirus pandemic struck the U.S. in 2020, vacations were canceled, traveling was banned, and many of us found ourselves stuck at home. But as spring 2021 approaches, many are opening up to the idea of hitting the road and taking a vacation. More than half of the respondents of a national survey, conducted by Erie Insurance said they plan to take at least...
If My Company Is Acquired by Another Company, What Happens to My 401(k)?
Posted: March 28, 2021
If your employer is acquired, the fate of your 401(k) plan may depend in part on what type of acquisition it is – asset sale or stock purchase. In an asset sale, the selling company retains responsibility for the 401(k) plan. Employees of the acquired company that stay on after the sale are typically considered new employees of the acquiring company. If the acquisition is...
Hiring a Contractor Checklist
Posted: March 24, 2021
Hiring the right contractor can be tough—and it’s one of the most important decisions you’ll make during a repair project, according to the Better Business Bureau. Whether you’re looking for someone to do a small repair or to help clean up after a storm that’s caused damage, it’s important to make sure you’ve hired someone you can trust to do the job. We’ve pulled together...
Beginner’s Guide to Annuities
Posted: March 22, 2021
It is never too late, or too early, to start planning for retirement. Annuities are a popular option with many advantages. You can put away larger amounts of cash, and growth is tax-free until you withdraw the funds. As an investment vehicle, annuities may seem confusing at first. The following is a basic guide to annuities for beginners. What Are Annuities? Annuities are a relatively...
Professional Liability Insurance vs. General Liability Insurance
Posted: March 19, 2021
All businesses, large and small, face the risk of liability. Professional liability insurance and general liability insurance both provide protection for your business. The main difference between these two types of insurance is the different risks they cover. What Is Professional Liability Insurance? Also known as errors and omissions (E&O) insurance, professional liability insurance is designed to protect you in case a client files a...