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Frequently Asked Questions About New Jersey TDB

By pwsadmin | September 10, 2020

When you privatize your temporary disability insurance (New Jersey TDB), you will receive the same – or better – benefits for the same or lower rates than the state-run program in New Jersey. To assist business owners making this switch, we answer some of the most frequently asked questions.  What is TDB? The New Jersey…

Disability Insurance in NJ: What Happens To Payroll When You Privatize Your Plan?

By pwsadmin | August 25, 2020

If you’re considering privatizing your disability insurance in NJ, you mightwonder how it will affect your company payroll. First, you should know that employees won’t detect any difference in theirdeductions. They will, however, notice improved service and faster, more flexible payouts if they have to make a claim. But your HR and accounting departments should…

Privatize Your New Jersey State Temporary Disability Benefits

By pwsadmin | August 25, 2020

Since the New Jersey State Temporary Disability Benefits Law INJ TDB) has waived the requirement to obtain employees’ consent for a private plan, there is a buzz among employers in NJ about privatizing New Jersey temporary disability insurance benefits. Not only has this amendment made it easier for employers to switch to a private plan but it’s…

Temporary Disability Insurance in New Jersey: What You Should Know

By pwsadmin | May 14, 2020

Are you a business owner mandated to provide temporary disability insurance in New Jersey to your employees? Most New Jersey business owners are. As a general rule, if you pay unemployment insurance for your workers, you must also furnish them with temporary disability insurance. This also applies to employees who work in New Jersey but…

3 Reasons Why Every Auto Dealership Owner Should Privatize Their TDB Coverage

By pwsadmin | January 2, 2020

In New Jersey, auto dealership owners are required to have Temporary Disability Benefits (TDB) coverage to help their employees cover expenses should they become ill or injured (off the job) and unable to work. Illness or injury can be a major blow to car salespeople, who thrive on meeting goals and earning commissions.  When an…

How to Choose from the Best Disability Insurance Companies in New Jersey

By pwsadmin | December 7, 2019

With the option to easily privatize New Jersey TDB (temporary disability insurance) without obtaining opt-in from your employees in the form of signatures comes the responsibility of choosing a solid, affordable plan from one of the best disability insurance companies.   First, remember that any private insurers must be approved by the New Jersey Department of…

Surprising Situations That Can Stop You From Receiving State-Run Temporary Disability Benefits in NJ

By pwsadmin | November 17, 2019

When you suffer from a non-work related illness or injury that keeps you from your job, you may be eligible for partial wage replacement through  Temporary Disability Benefits in NJ.  To be eligible for New Jersey TDB, you must have a non-work related injury or illness that prevents you from working and be under medical…

New Jersey Announces New Rates for Temporary Disability Benefits in 2020

By pwsadmin | October 18, 2019

Read on for an important announcement for business owners and employers regarding the premium and benefits increase for temporary disability benefits in New Jersey.  New Jersey State has introduced a rate hike, increased from 17 cents to 26 cents for every $100 in taxable wages for 2020, effective from January 1, 2021. In addition to…