Live Well, Work Well Video

Live Well, Work Well Video - September 2023

The link between health and happiness

In the pursuit of a fulfilling life, happiness is a common goal. However, happiness is not an isolated concept; it’s complex and connected to your overall physical and mental health.

By understanding and nurturing the links between your health and happiness, you can be on your way to an enriched and balanced life.

Physical health forms the foundation upon which happiness thrives. When your body functions optimally, so can your overall sense of well-being. As such, prioritizing physical health through regular exercise, a balanced diet and adequate sleep sets the stage for a happier mood and healthy life.

Mental health is equally important to your happiness. When you nurture your mind, happiness can flourish.

Supporting your mental health through self-care, stress management and relationship-building can improve your emotional resilience and a positive mindset.

By embracing a holistic approach to health, you can unlock the potential for a life filled with happiness, purpose and fulfillment. Contact a health professional if you have any questions about your well-being.

Anxiety screenings recommended for most Americans

The U.S. Preventive Services Task Force now recommends adults under age 65 be regularly screened for anxiety. This is especially true for pregnant women or those who have given birth within the past year, who don’t have a diagnosed mental health disorder or related symptoms.

Last year, the Task Force recommended screening children age eight to 17 for anxiety. This means all Americans age eight to 64 should be screened.

The new recommendation is to help primary care clinicians identify early signs of anxiety, which can go undetected for years. Contact a doctor if you have any concerns.

Key takeaways

Your overall health is made up of several parts. It’s important that you take the steps to take care of each of these areas to improve your quality of life. If you’re an employer looking to offer better employee benefits for your organization, contact HANYS Benefit Services today. Our dedicated team of experts can walk you through employee benefit plans aimed at improving the overall health of your employees.

SECURE 2.0 Discussion Series: Session One

SECURE 2.0 provisions: What we know and what’s still up in the air The SECURE 2.0 Act, signed into law in late December 2022, has factored heavily in retirement industry discourse since the final legislation was published. As with any legislation of this depth and breadth, there’s a lot to digest and the industry takes time to adjust. Our team of experienced advisors recently met to discuss some of the more nuanced provisions of the legislation, such as changes to Roth contributions, and what they could mean for plan sponsors. Panel participants included the following HBS team members: Noah Buck, Christina Bauer-Dobias, Sean Bayne, Vincent Bocchinfuso and Kathleen Coonan. Highlights of our panel’s conversation below should serve to help guide plan sponsor thinking. On Roth employer contributions NB – In addition to deferring pre-tax or Roth, plan sponsors can now allow employer contributions to be classified as Roth, is that right? VB – Correct. This is immediately available to plan s

COVID-19: Retirement and Benefit Plan Resources

As the COVID-19 crisis continues to unfold, we are closely monitoring news and updates from top sources. We’ll be updating this section as new developments unfold. Here are several key articles and links to help plan sponsors and administrators navigate the COVID-19 impact to retirement and benefit plans: Retirement Plans 4 Key CARES Act Provisions for Retirement Plan Sponsors Markets React to Coronavirus Important Considerations for Retirement Plan Sponsors during the Coronavirus Pandemic In Fed We Trust Participant Education Services: Timely Help from a Safe Distance CRDs 100% Taxable for New York State and Local Income Tax Purposes in 2020 IRS Permits Remote Notarization of Participant Elections Employee Benefits CARES Act Expands Health Coverage Rules Understanding the Historic $2 Trillion Stimulus Package Employee Compensation and Benefits During Closures and Furloughs DOL Clarifies Exemptions to Coronavirus Paid Leave Laws Small Business Exemption to

SECURE 2.0 Discussion Series: Session Two

The retirement industry has been buzzing since the SECURE 2.0 Act was signed into law last December. This new, comprehensive legislation has sparked a lot of discussion. As with any major reform, it will take time for the industry to fully adapt and understand all its implications. Following our April 11 webinar on the first three months of the industry’s response, our team reconvened to discuss some of what we have heard from our client and vendor partners and to respond to some of the great questions we heard from attendees. Panel participants included the following HBS team members: Noah Buck, Christina Bauer-Dobias, Sean Bayne, Vincent Bocchinfuso and Kathleen Coonan. The Discussion SB – Throughout the webinar, I wanted to stress two things: 1) confusion about where to start and what is expected from plan sponsors is normal; and 2) even more than three months in, this is a developing situation and people should expect changes as time goes on. With those in mind, engagement through

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