Anchor Insurance Agencies

Artificial intelligence (AI) tools like ChatGPT are transforming the workplace, helping organizations improve efficiency, streamline workflows, and enhance the employee experience. In HR, AI can assist with tasks such as drafting job descriptions, screening applicants, supporting onboarding, and answering routine employee questions. While these tools can save time and improve productivity, they also introduce legal, […]

Taking prescription medication is a common part of modern life. In fact, more than 131 million American adults take at least one prescription regularly. As we age, managing these medications becomes a vital part of staying healthy. While healthy habits and doctor visits are key, taking your medication correctly is just as important. Your pharmacist […]

Many people put off seeking medical care, even when they recognize that something doesn’t feel right. Busy schedules, financial concerns, fear of receiving bad news, and the hope that symptoms will simply go away often lead to delays that can allow health problems to worsen. While postponing care may seem like the easier choice in […]

Form 5500 Filing Deadline (Calendar-year Plans Only) Employers with employee benefit plans covered under the Employee Retirement Income Security Act (ERISA) that operate on a calendar year must file Form 5500 for the 2025 plan year by July 31, 2026, unless an extension is requested or a reporting exemption applies. The regular deadline for filing […]

On May 29, 2026, the IRS issued Revenue Procedure 2026-24, which sets the inflation-adjusted limits for health savings accounts (HSAs) and high deductible health plans (HDHPs) for 2027. The updated limits address: Each of these limits differs depending on whether the coverage is for an individual or a family under an HDHP.

In today’s workforce, a significant number of experienced employees are working a second job that never appears on a timesheet: caregiving.  This places them in the “sandwich generation,” a group of middle-aged adults tasked with simultaneously caring for their aging parents and their own children. This isn’t a specific age cohort like the Baby Boomers, […]

In recent years, several companies have found themselves in the media for illegal business activities. In response to these events, organizations are recognizing the tremendous value an audit committee brings to their company. These committees serve to ensure that all financial dealings are legal and ethical, and assure that there is no fraudulent behavior within […]

A successful open enrollment starts long before the first form is signed. By reviewing and tailoring your benefits now, you can create a rewarding experience that truly enhances your employees’ overall health and financial security. Here are several key steps to help you prepare for your best enrollment period yet. Plan and Prepare Early (8–12 […]

On May 4, 2026, the IRS announced updated penalty amounts for 2027 under the Affordable Care Act’s (ACA) employer shared responsibility, or “pay-or-play,” rules. For the 2027 calendar year, the $2,000 penalty has been adjusted to $3,780, and the $3,000 penalty has increased to $5,670. This marks a rise from 2026 levels of $3,340 and […]

5 Essentials for Your Best Summer Yet Summer is the season of opportunity—a chance to reset your habits, soak up the sun safely, and prioritize the mental downtime we often skip during the winter hustle. Use these strategies to maximize your well-being while making the most of the warmer months. Build a High-Energy Routine With […]