in this issue:
talk to new business:
Employee Benefits
John Deem
Senior Vice President
Business Insurance
Scott Marker
VP of Business Development
Property, Auto, Homeowners
Jackie Kociszewski
Personal Lines Manager
Medical, Dental, Disability, Life
Gregg Avedon
Consumer Products Manager
talk to client services:
Employee Benefits
Jenn Swistak
Vice President of Client Services
Business Insurance
Mary Jane Donaldson
Director of Client Services

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Health & Wellness Watch


At Potomac Basin Group, we understand the importance of Wellness Programs and educating our employees on ways to live the healthiest lives they can. In this section you will find articles and updates on what's trending in the world of health & wellness.



 Diet & Nutrition 
**Health Magazine


6 Halloween-Themed Foods That You Should Really Be Afraid Of

How To Eat Happy

20 Heath Mistakes You Need To Stop Making
Before You Turn 40

**Health Magazine


A Super-Simple Strength Routine To Soothe Your Aching Back

A 10-Minute Cycling Workout That Will Help You
Hate Running Less


5 Killer Push-Up Variations For Seriously
Sculpted Arms


Family Wellness

 **Health Magazine

Habits of Happy Families

5 Ways To Create A More
Peaceful Home

Stay Active With Your Kids


Mental Wellness & Happiness
**Health Magazine


Best White Noise Machines That Can Help You (Finally) Get A Good Night's Sleep




Employee Benefits

2016 Changes to Tax Benefits and Retirement Plan Limits

The IRS has announced several inflation adjustments that affect tax-related items for employers and employees. Items that may be of particular interest for tax year 2016 include:
  • Limit on Health Flexible Spending Arrangement (FSA) Contributions. The annual dollar limit on employee contributions to employer-sponsored health FSAs remains unchanged at $2,550.
  • Small Business Health Care Tax Credit. The maximum amount of the small business health care tax credit is phased out based on the employer's number of full-time equivalent employees in excess of 10 (unchanged) and the employer's average annual wages in excess of $25,900 (up from $25,800 for 2015).

Proposed Rules Implement Supreme Court's Same-Gender Marriage Decision for Federal Tax Purposes
New proposed rules provide that a marriage of two individuals--whether of the same gender or the opposite gender--will be recognized for federal tax purposes if that marriage is recognized by any state, possession, or territory of the United States. The proposed rules implement the U.S. Supreme Court decision issued in June to reflect that same-gender couples can now marry in all states and that all states will recognize these marriages.

No Social Security Benefit Increase
for 2016
The Social Security Administration has announced that monthly Social Security and Supplemental Security Income (SSI) benefits will remain the same in 2016.
The Social Security Act provides for an automatic increase in Social Security and SSI benefits if there is an increase in inflation as measured by the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W). As determined by the Bureau of Labor Statistics, there was no increase in the CPI-W from the third quarter of 2014 to the third quarter of 2015. Therefore, under existing law, there can be no cost-of-living adjustment (COLA) in 2016.

Holiday Bonus Know-How: 3 Guidelines for Employers

The end of the year is a traditional time for recognizing employees' contributions to your business. Whether you choose to give your employees a raise, a bonus, or a nonmonetary reward, it's important to let your employees know that you appreciate their hard work.
Choosing a Reward
While bonuses and pay raises are popular choices, there are plenty of other ways to show your appreciation. Be creative and consider other types of rewards such as a catered appreciation lunch, offering a paid shorter workday of the employee's choosing, or throwing a holiday or end-of-year party. Even a gesture of personally thanking employees for a job well done can go a long way towards keeping your team engaged and motivated.
Business Insurance

Why Is Commercial Insurance Important for Your Business?

Commercial insurance is one of the most important investments you can make when starting a new company. Good commercial insurance will protect your company from severe financial loss and can be the difference between going under and staying afloat in the case of damages or a lawsuit. It's important to be knowledgeable of the different types of commercial insurance and work with a reputable agent to create the most appropriate policy for your business.
Personal Insurance

Flood Insurance
With hurricane season upon us it is important to remember that Flood insurance is not covered under you standard home owners policy.  It has been noted that most claims for flood damage occur in non-flood hazard zones.  Flood insurance is a separate policy and there is 30 day wait period for coverage to be effective.  If there is a storm warning this may require companies to place a hold on issuing new policies.   


Potomac Basin Group Associates, LLC
4740 Corridor Place Beltsville, Suite B
Maryland 20705