Why Choose Beacon?
As an employee of Beacon Technologies, enjoying your hard work and making valuable contributions to business are equally vital. The health, satisfaction and security of you and your family are important, not only to your well-being, but ultimately, in terms of achieving the goals of our organization.
Beacon Technologies offers a competitive total rewards package that includes valuable and competitive benefits plans. These programs reflect our commitment to keeping our staff healthy and secure. We understand that your situation is unique, and Beacon Technologies is offering an overall benefits package that can be shaped and molded by you to fit your needs.
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Our Employee Benefits
Health
Beacon Technologies offers health insurance through United Healthcare with employee premiums paid in part or full by Beacon Technologies.
Dental
Beacon Technologies offers dental insurance through Delta Dental with employee premiums paid in part or full by Beacon Technologies.
Vision
Beacon Technologies offers vision Insurance through Delta Vision with employee premiums paid by employee.
Beacon Technologies provides these benefits through Mutual of Omaha. Employee premiums paid by Beacon Technologies.
Beacon Technologies provides these benefits through Mutual of Omaha.
Employee can get additional life insurance for themselves, spouses or children.
Beacon Technologies is committed to helping you reach your retirement goals! Through payroll deduction, you can make elective Pre-Tax or Roth deferrals of your eligible compensation up to the annual dollar limit imposed by the IRS.
The plan also provides for your employer to make matching contributions.
You can choose to invest your contribution in a variety of mutual funds and managed portfolios. You can change the investments of your new contributions and/or your existing balance on a daily basis.
If you have an existing qualified retirement plan with a prior employer or hold a traditional IRA account, you may rollover to this plan.
A health savings account (HSA) is a health care account and savings account in one. The main purpose of this account is to offset the cost of a qualifying high deductible health plan (HDHP) and provide savings for your out-of-pocket eligible health care expenses – those you and your tax dependents may have now, in the future and during retirement.
After you set up your account, it’s yours to keep, even if you change jobs or retire.
Once your HSA is established, money is contributed to your account by you, and you can then use your HSA dollars tax-free to pay for eligible health care expenses. You save money on expenses you’re already paying for, like doctors’ visits, prescription drugs and much more. Best of all, you decided how and when to use your HSA dollars.
Why is it a good idea to have an HSA?
HSAs benefit everyone who is eligible to have this account, including single individuals, families and soon-to-be retirees. You save money on taxes in three ways:
- Tax -free deposits – The money you contribute to your HSA isn’t taxed (up to the IRS annual limit).
- Tax-free earnings – Your interest and any investment earnings grow tax-free.
- Tax-free withdrawals – The money used toward eligible health care expenses isn’t taxed – now or in the future.
Setting aside pre-tax dollars into your HSA means you pay fewer taxes and increase your take-home pay by your tax savings. You save money on eligible expenses that you are paying for out of your pocket. The amount you save depends on your tax bracket. For example, if you are in the 30% tax bracket, you can save $30 on every $100 spent on eligible health care expenses.
HSA funds roll over from year to year and accumulate in your account. There is no “use-it-or-lose-it” rule with HSAs, and you decide how and when to use your HSA funds, which can be used for eligible expenses you have now, in the future or during retirement. And when you have a certain balance in your HSA, investment opportunities are available.
Up to $2,500.00 available per year, pre-approval required.
Beacon Technologies pays $1,500 for anyone that you refer and we hire.
Salaried employees earn paid time off accrual and nine (9) paid holidays per year. W2 hourly employees and C2C contractors are not given PTO or holidays and must manage their own schedule to allow for this.