Employee Services

H&D’s Human Resources Assistant
Keri Keller
(256) 353-9244
keri@hubbarddrake.com

Healthcare FAQs & Links

BlueCross BlueShield of Alabama

  • bcbsal.org »
    Is your one-stop shop for health information, health plan tools, and helpful apps.

OPTUM Financial HSA Accounts

401K Information & Links

John Hancock

H&D’s John Hancock 401K Advisor
Dennis R. Plyler

Financial Consulting Group
(901) 309-2681 office
drplyler@fcgtn.com

6 Reasons You May Deduct Money From Your 401K

ALLOWABLE ADVANCE DISTRIBUTION FOR 401K HARDSHIPS

  1. Expenses for (or necessary to obtain) medical care that would be deductible under Code Section 213(d) (determined without regard to whether the expenses exceed 7.5% of adjusted gross income);
  2. Costs directly related to the purchase (excluding mortgage payments) of a principal residence for the Participant;
  3. Payments for burial or funeral expenses for the Participant’s deceased parent, spouse, children or dependents (as defined in Code Section 152, and, for taxable years beginning on or after January 1, 2005, without regard to Code Section 152(b)(1), (b)(2), and (d)(1)(B);
  4. Payment of tuition, related educational fees, and room and board expenses, for up to the next twelve (12) months of post-secondary education for the Participant, the Participant’s spouse, children, or dependents (as defined in Code Section 152, and, for taxable years beginning on or after January 1, 2005, without regard to Code Section 152(b)(1), (b)(2), and (d)(1)(B); mortgage on that residence; or
  5. Payments necessary to prevent the eviction of the Participant from the Participant’s principal residence or foreclosure on the mortgage on that residence; or
  6. Expenses for the repair of damage to the Participant’s principal residence that would qualify for the casualty deduction under Code Section 165 (determined without regard to whether the loss exceeds 10% of adjusted gross income).

Insurance FAQs & Links

AFLAC (American Family Life Assurance Company)

H&D’s AFLAC Representative
Gregory Brown

Cornerstone Services, Inc.
(256) 348-2990 cell
(256) 533-5036 office
(866) 250-6591 fax
gregbrown@cornerstoneservices.biz

Downloadable Claim Forms (PDF Downloads)

Principal Life Insurance Company

H&D’s Principal Life Insurance Company Representative
Gregory Brown

Cornerstone Services, Inc.
(256) 348-2990 cell
(256) 533-5036 office
(866) 250-6591 fax
gregbrown@cornerstoneservices.biz

Downloadable Claim Forms (PDF Downloads)