New Report: Freelancers and the Benefits Gap: 2021

The agile workforce is on the rise, and freelancers, independent contractors, gig workers, and self-employed professionals that participate benefit like never before from increased flexibility and opportunities associated with this way of working. However, going independent is not without its challenges. While going independent has great rewards, it also presents challenges. While there is increased freedom to work when, where, how, and for who they want, there are gaps in the amount of stability and financial security that many freelancers experience.

LEGAL UPDATE: Executive Order Issued to Strengthen the ACA

On Jan. 28, 2021, President Joe Biden issued an executive order that is intended to strengthen the Affordable Care Act (ACA) and Medicaid. Executive Orders An executive order is a broad policy directive that directs federal agencies to consider new…

A Freelancer’s Guide to Understanding Dental Insurance

Maintaining good dental health is on nearly everyone’s list of things they want, which makes having great dental insurance even more important. Although it can still be tricky understanding what your dental insurance covers and which plan to choose, navigating…

A Freelancer’s Guide to Health Insurance

As a freelancer or someone who is self-employed, finding the right health insurance is key so that you know you are covered when it comes to regular appointments, as well as those unexpected emergencies. But knowing how to find the…

What Every Freelancer Needs to Know About Savings Accounts

While there are numerous advantages to working as a freelancer, one of the biggest disadvantages is not having certain financial accounts set up for you automatically — most employers give full-time employees a retirement fund, as well as other savings types of accounts. Of course, you can absolutely set these accounts up for yourself as a freelancer, you just have to have the motivation (and knowledge) to get started.

What Freelancers Need to Know About Insurance

For a lot of self-employed individuals and freelancers, the cost of insurance can feel like a lot, especially since it’s coming directly out of your own pocket. Of course, the cost of not having insurance can be equally as high (if not significantly more). Insurance, whether home, auto, or health, ensures that you’re protected, especially in the case of emergencies and unforeseen disasters.

A Freelancer’s Guide to Understanding Dental Insurance

Maintaining good dental health is on nearly everyone’s list of things they want, which makes having great dental insurance even more important. Although it can still be tricky understanding what your dental insurance covers and which plan to choose, navigating dental insurance is far easier than looking at health insurance and all of the variables that come with it.

Vision Insurance Basics for Freelancers

When shopping for vision insurance and vision care, you should understand all of the different plans and options available so that you can make the most informed decision. In general, vision care plans make sure that all of your routine vision needs (like eye exams, contact lenses, eyeglasses, etc.) are covered, although not always in full. Additionally, some vision care plans will offer discounts on certain procedures, including LASIK. When choosing a vision care plan, you’ll want to look closely at what the plan will cover and how much of the cost will be covered. Depending on your choice, you’ll pay a standard flat fee for vision services or a percentage of the total cost.

Understanding Health Savings Accounts (HSAs) as a Freelancer

There are a lot of advantages to being a freelancer rather than working full-time for a business. But, one of the main disadvantages is not having the benefits that regular employment provide, specifically health benefits. However, there are plenty of unique options for freelancers who don’t want to give up the lifestyle and freedoms of working for themselves, including health savings accounts, or HSAs.

What Freelancers Should Know About Disability Insurance

If you get hurt and are unable to work, disability insurance can make sure that you continue to get the money you need to pay your main expenses. For the self-employed and freelancers, disability insurance can be even more important, as there will be no employer or policies in place to help in case of injury. Thankfully, there are a lot of different ways self-employed individuals can get disability insurance. But, before choosing a plan, it’s a good idea to understand what the different plans entail to make sure that they cover what you need specifically.