Do you have questions about your employee benefits?

Do you have questions about your employee benefits, perhaps health insurance, dental benefits, disability, 401(k) plan, pensions and more? Do you have a question about Obamacare? Are looking for help in finding the information you seek?

Perhaps I can help answer your question or help you find where the answer is available.

No, I’m not providing legal or tax advice, or even trying to usurp your company HR department, just using my fifty years of experience designing and managing health and other employee benefits to help people find the answers they need to get the maximum value from their employee benefit programs and to effectively use them for their current and future security.

Of course there is no fee, I am not selling anything and no one will contact you for any reason. You don’t even have to give your name.

I’m glad to help if I can.


  1. Mr. Quinn, My oldest son will be 26 this year and no longer covered under Obamacare required company provided health insurance. What excactly will he be required to do under the new rules of Obamacare? He currently makes about $38K a year. Is cobra an option? If not what are his other options? Thanks…Tim


    1. Depending on your company plan his coverage may end upon his 26th birthday or at the end of the year. If coverage ends on his birthday, COBRA is the option (expensive) to year end (assuming he doesn’t have coverage with his employer).

      Beginning Jan 2014 he will be able to enroll thorough an exchange and likely receive a premium subsidy.


  2. Work hard – save your money – and then the government makes you withdraw a percentage from your 401K when you attain age 70 1/2 –

    Why is this not a voluntary deduction.

    By what right does the government have the right to tell me when and how much I have to withdraw from my savings. I understand the full amount is taxable as income – some of which is taxable as long term gains and some short term gain.


    1. All the years you contributed to a 401(k) plan the contributions and earnings were tax deferred meaning a loss in revenue for the government. The minimum distribution rules are intended to limit that period of tax deferral. Otherwise people would attempt to delay any distribution perhaps even on to a beneficiary for years longer thus avoiding taxes for a longer period. Remember, these are retirement plans intended to provide income to the owner, not to build estates.

      Minimum distributions are fairly modest. For example, at age 70 before July 1 The Required Minimum Distribution is about $3,649.64
      on an account balance of $100,000 or roughly 3.7%.

      And ALL distributions from a 401(k) or IRA are taxed as ordinary income, not capital gains or dividends, just ordinary income.

      For some people this bump in income could push them to the point where they pay supplemental premiums for Medicare.


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