booncast

The Secure 2.0 Act was signed into law on December 29, 2022. It’s a huge development in the realm of retirement plans for government contractors and lays the groundwork for major changes to come over the next several years. Erik Little, Boon’s Director of Retirement, joins Booncast again to share his insight on the expected impact of the Secure 2.0 Act and why now is the best possible time to establish a retirement benefit.

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When it comes to healthcare, it helps to have options. Boon’s San Francisco MEC plan provides an alternative, competitive benefit to the city option. This alternative grants employers and employees the option of choice. Employees will have the freedom to choose providers – both in and out of network – using a national PPO network.

Brad Billik, one of Boon’s top experts specializing in the San Francisco market, joins Booncast to offer an in-depth education on the San Francisco Health Care Security Ordinance as well as the impact that the Ordinance has on businesses. Within this discussion of the ordinance itself, Brad sheds light on Boon’s alternative MEC plan solution to the city option and why businesses may consider Boon.

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The compliance regulations, burden of administration, and requirements of the government contracting space have frequently intimidated both seasoned employers and businesses that are new to bidding on government contracts. Have no fear, Boon is here! There is immense growth opportunity for businesses bidding on SCA contracts, especially for those that capitalize on the advantages of fringe benefits.

Grant Elam, Boon’s Head of Business Development, joins Booncast again to introduce businesses to the world of government contracting, answer burning compliance questions, and to highlight the ways that contractors can grow their business.

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Compliance, governing laws like the Davis-Bacon Act (DBA) and Service Contract Act (SCA), and making cost-conscious choices in an ever-evolving space. These are the challenges that have the greatest impact on government contractors. Committing to a benefit solution, for the long-term, can be a strategy that points contractors in a winning direction. Employee fringe benefits are what Boon does best.

Keith Stueler, Boon’s Vice President and Head of Sales, joins Booncast to provide a practical education on the unique relationship that contractors have with benefits and to share how a long-term fringe benefit plan can deliver on vital competitiveness.

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There is an unfortunate gap in health insurance when it comes to dependent care. A lack of affordability has left many employees unable to afford adding their dependents to traditional major medical coverage. This leaves their spouse and child(ren) vulnerable. Finally, there is a dependent only healthcare solution for the working American family!

Patrick Hagan, Boon’s Chief Strategy Officer, joins Booncast to introduce our listeners to the all-new Boundless Benefits Plan. Boundless Benefits is a simple, affordable dependent only benefit plan that provides access to family care. Patrick shares details of this first of its kind solution along with practical knowledge of how the average family can benefit from the plan.

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Rapidly rising costs have impacted every facet of the economy and that is especially true within the government contracting industry. Businesses everywhere are testing the limits of their adaptability and cutting costs is paramount. Like any challenge in the government contracting space, inflation can be confronted with a strategic approach and the right solution.

Anna Harrell, a Senior Regional Consultant at Boon, joins Booncast to share her insight on the impact that inflation has had on the government contracting community and what her experience has been in finding solutions that help contractors fight inflation.

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Boon is a friendly partner to the broker community and supports independent agents, insurance brokers and consultants to better service their clients with government contracts. We act as a third-party administrator (TPA), wholesaler, and subject matter expert for thousands of insurance consultants who do business with us today.

Grant Elam, Boon’s Head of Business Development, joins Booncast to discuss Boon’s unique partnership with the broker community, the ways that brokers can benefit from collaborating with a third-party administrator, and to put broker anxieties about wading into the government contracting space to rest.

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The sharp rise of inflation has caused the 2022 SCA fringe rate to seem more important than ever. We are happy to report that the wait is over — the 2022 SCA fringe benefit rate has been released! On June 23, 2022, the Department of Labor’s Wage and Hour Division issued All Agency Memorandum No. 239 announcing the prevailing health and welfare fringe benefit rate. The 2022 SCA fringe benefit rate has increased to $4.80 per hour from the 2021 rate of $4.60 per hour.

Taylor Boon, President and CEO of Boon, joins Booncast to offer his expert commentary on the 2022 fringe rate and how he anticipates the modest increase will impact the government contracting community. Taylor also shares the solutions that Boon is innovating to meet the current needs of the industry

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Today is a very special episode as it is the first episode in our Winner’s Circle series. Booncast’s Winner’s Circle is your opportunity to see Boon’s expertise and solutions in action. Members of Team Boon will be invited to share their experiences in helping employers and using Boon’s solutions to address current challenges, needs, and concerns.

Booncast is joined by Nicolas Cersosimo, one of Boon’s leading benefit consultants. Nic shares his experience with a client that had a very unique set of challenges, discusses the importance of compliance, and demonstrates how Boon is able to develop solutions that are truly customized to the individual business.

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Erik Little, Director of Retirement at Boon, joins Booncast to share his expertise on how government contractors can utilize fringe dollars to create an ERISA retirement plan. Listen now to learn more about the distinct advantages of setting up an ERISA retirement plan, the difference between a 401(a) and a 401(k) (and why it matters), and DOL compliance as it applies to retirement benefits.

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Welcome to the inaugural episode of Booncast! Boon President and CEO, Taylor Boon, walks listeners through a brief history of the Service Contract Act, highlights why the fringe rate is so important, and discusses the broad consequences of the past several years as the SCA fringe rate fails to keep up with rising costs.

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