News & Updates
News & Updates
This legislative brief provides effective dates for key ACA reforms that affect employers and individuals.
The Durbin Amendment (Section 1075) of the Dodd-Frank Wall-Street Reform and Consumer Protection Act and Its Effects on the Swerdlin & Company Benny Prepaid Benefits Card.
Did you miss today's workshop, or want to take home some of the material? We've got it all here!
The first Swerdlin Quarterly of 2013 is now available.
Check out our CEO Dorn Swerdlin's first book, now available on Amazon!
On March 23, 2010, President Obama signed the health care reform bill, or Affordable Care Act (ACA), into law. ACA makes sweeping changes to the U.S. health care system. ACA’s health care reforms, which are primarily focused on reducing the uninsured population and decreasing health care costs, will be implemented over the next several years.
This Legislative Brief provides effective dates for key ACA reforms that affect employers and individuals.
This Legislative Brief provides effective dates for key ACA reforms that affect employers and individuals.
Effective April 1, 2013, a new regulation goes into effect as part of the Dodd-Frank Wall-Street Reform and Consumer Protection Act that requires consumers to be provided with the ability to pay using a PIN (Personal Identification Number) at the point of sale, in addition to the current signature process.
Keep in mind, the use of a PIN is not required to access your funds via the Benny Prepaid Benefits Card. You can continue to use your Benny Prepaid Benefits Card as you always have by simply swiping your card and providing a signature.
TO REQUEST A PIN For Your Swerdlin & Company Benny Prepaid Benefits Card:
- To create a PIN, please call 1-866-898-9795
- The automated system will walk you through the prompt to create your own self-selected PIN for your Benny Prepaid Benefits Card.
- Remember to keep your PIN private.
We recommend creating a unique PIN that cannot be easily guessed by others.
Am I required to use a PIN to access funds in my account?
No. You can continue to use your Benny Prepaid Benefits Card as you always have, simply swipe the card and provide a signature.
No. The PIN is the same for all cards issued to your family. If you choose this option, make sure other family members are aware of the PIN. Alternatively, they can continue to pay using the signature process.
If I don’t know my PIN or have not yet selected one, can I still use my card?
Yes. Simply let the merchant know that you wish to pay using the signature process and they will direct you accordingly.
How do I use my PIN when using my Benny Prepaid Benefits Card? Once you swipe your card at the point of purchase, choose “Credit” or “Debit” on the keypad. Choosing “Credit” will require only your signature. Choosing “Debit” will require you to enter your PIN.
Will I be able to receive cash-back or access my accounts via ATM with this new PIN option?
No. PINs will only allow you to pay for eligible goods and services as they do today. Cash-back and ATM transactions will not be allowed.
Did you miss today's workshop, or want to take home some of the material? We've got it all here!
- BIO Page.pdf
- Color Chart Handout.pdf
- DOL FAQs Pt11 PPACA Implementation.pdf
- Health Care Reform Timeline.pdf
- PCOR and Reinsurance Fees Letter to Clients.pdf
- Roth In-Plan Conversions Write-up.pdf
- Save the Date for May 16th Workshop.pdf
- Swerdlin Bulletin May 31 2012 - FSA Limits Delayed.pdf
- TAB Memo Changes EPCRS.pdf
Check out our CEO Dorn Swerdlin's first book, now available on Amazon! From the book description:
Most don't realize that the Western World shares a worldview based on the science from about three centuries ago, Newtonian science. This worldview and the science behind it have become both outdated and incomplete. The good news is that more recent science provides us with an alternative worldview. If enough of us accept the new science worldview and change our beliefs and thinking based on the new view, we can create a peaceful and thriving world; no violence, no wars, no terrorism, no fear, and respect and compassion for all. A New Science Worldview provides specific steps to help us transform our thinking and beliefs in accordance with the new worldview.
Most don't realize that the Western World shares a worldview based on the science from about three centuries ago, Newtonian science. This worldview and the science behind it have become both outdated and incomplete. The good news is that more recent science provides us with an alternative worldview. If enough of us accept the new science worldview and change our beliefs and thinking based on the new view, we can create a peaceful and thriving world; no violence, no wars, no terrorism, no fear, and respect and compassion for all. A New Science Worldview provides specific steps to help us transform our thinking and beliefs in accordance with the new worldview.