The Legacy Lab

By RMC Group

Welcome to the Legacy Lab. This is your one stop destination for insights and strategies to build a legacy. Whether it's managing health benefits, growing your retirement nest egg, or safeguarding your business with innovative risk solutions, we're here to help empower you to thrive today and secure tomorrow.

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Whose Car Is It Anyway? Understanding Hired & Non-Owned Auto Coverage

The Legacy LabMay 27, 2025

00:00

11:12

What Happens to Your Retirement Plan When You Sell Your Business?

Selling your business is likely the biggest financial event of your life — but what happens to your retirement plan when the deal closes? In this episode of The Legacy Lab, Ashley and Megan break down the difference between a stock sale and an asset sale, walk through the rollover rules and deadlines you cannot afford to miss, and explain the tax risk that catches most business owners off guard. If a sale is anywhere on your horizon, this is the conversation to have first.

The information provided in this podcast is for informational purposes only and does not constitute legal, financial, or professional advice. RMC Group recommends consulting with qualified professionals regarding your specific needs and circumstances.

Meet with our Retirement Team
Blog: A Comprehensive Guide to Understanding Solo 401(k)s >> Read Here
Ep. 22: The 2025 Retirement Plan Rescue: How SECURE 2.0 Gives Business Owners a Second Chance >> Listen Here
Follow us on social networks at @rmcgp on LinkedIn, Facebook and Instagram

Jul 28, 202614:09

What Happens If I Live Too Long?

We plan for dying too soon. But what about the flip side — what if your money runs out before you do? In this episode of The Legacy Lab, Ashley and Megan tackle longevity risk: what it actually looks like to outlive your savings, why healthcare costs catch most retirees off guard, and four concrete strategies to protect yourself no matter how long the road turns out to be.

Meet with our Retirement Team
Blog: Roth vs. Traditional at Every Age: Helping Employees Make Smarter Choices >> Read Here
Blog: Cash Balance Plans vs. Traditional Defined Benefit Plans >> Read Here
Follow us on social networks at @rmcgp on LinkedIn, Facebook and Instagram

Jul 14, 202615:11

Ten Years of Giving Back: The Story Behind the RMC Open

Ten years ago, a broken-down car and a rainstorm led our CEO to the offices of Cancer Alliance Network — and changed everything. In this episode of The Legacy Lab, Ashley and Megan share the story behind the RMC Open, hear from representatives of both benefitting charities, and share everything you need to know about the 10th Annual tournament on August 15 at Lely Resort in Naples. Whether you want to golf, sponsor, or simply cheer us on, this one is for you.

For more information or to register: https://rmcgp.com/rmc-open

Cancer Alliance Network: https://canceralliancenetwork.org/about/

Kids' Minds Matter: https://kidsmindsmatter.com/about/our-story/

Jun 30, 202633:08

When Disaster Strikes: Business Interruption Insurance and What Gets Left Out

In this episode of The Legacy Lab, I delve into a topic that every business owner should consider: business interruption insurance. Disasters—whether a fire, flood, or pandemic—can halt operations and threaten your livelihood. I'll explore what this insurance covers, the gaps that often catch owners off guard, and why knowing the fine print in your policy is crucial before disaster strikes. We’ll discuss real-life scenarios, including the impact of COVID-19 on claims and the complexities of coverage limits and indemnity periods.

The information provided in this podcast is for informational purposes only and does not constitute legal, financial, or professional advice. RMC Group recommends consulting withqualified professionals regarding your specific needs and circumstances.

Apr 21, 202614:44

Roth vs. Traditional at Every Age: Helping Employees Make Smarter Choices

In this episode of The Legacy Lab, Ashley and Megan break down one of the most common retirement planning questions — Roth or Traditional? — by career stage. From younger employees who benefit most from tax-free growth, to peak earners who get more value from upfront deductions, to those nearing retirement navigating SECURE 2.0 catch-up rules, they walk through the full picture.

Apr 07, 202612:46

What the Savannah Bananas Can Teach Us About Captive Insurance

In this episode of The Legacy Lab, Megan and Ashley draw an unexpected parallel between the Savannah Bananas' reinvention of baseball and the way forward-thinking businesses are rethinking their insurance strategy. They break down what captive insurance actually is, how it differs from traditional commercial coverage, and why companies with strong safety cultures and predictable loss histories are turning to captives to control costs, customize coverage, and retain underwriting profits. If rising premiums and shrinking capacity are putting pressure on your business, this episode offers a new way to think about risk.

Mar 17, 202610:48

Beyond a Slip

In this episode of The Legacy Lab, Megan and Ashley go beyond the typical “slip-and-fall” scenario to unpack what liability risk really means for businesses. They explore the most common areas of exposure—including premises liability, operational risk, products and completed operations, and contractual obligations—while breaking down the true financial and reputational costs of claims. The conversation also highlights how a strategically structured commercial general liability insurance program helps close coverage gaps and protects businesses as they grow.

Mar 03, 202606:27

The 2025 Retirement Plan Rescue: How SECURE 2.0 Gives Business Owners a Second Chance

Most business owners think once the calendar turns, their tax-advantaged retirement planning opportunities are gone, but SECURE 2.0 changed the game.

In this episode, Megan and Ashley sit down with retirement plan expert Tamara Middleton to unpack how employers can still start retirement plans for the 2025 tax year, qualify for powerful tax credits, and get ahead of major changes coming in 2026. If you’re an advisor or business owner looking for smarter ways to save for retirement, while reducing current taxes, attract employees, and avoid compliance surprises, this episode is your retirement plan toolkit.

Feb 17, 202608:24

Over-Insured or Under-Protected? The Hidden Gaps in Business Insurance

When it comes to insurance, more coverage doesn’t always mean better protection. In this episode of The Legacy Lab, the team walks through the most common insurance blind spots facing business owners today—from paying for outdated assets to missing critical protections like flood, cyber, or business interruption coverage.

Through real-world examples and a practical risk checkup, we share how regular policy reviews can help businesses avoid surprises, reduce unnecessary costs, and stay properly protected as they grow.

Jan 20, 202609:04

Insurance Questions, Answered: Business & Personal P&C Explained

In this Q&A-style episode of The Legacy Lab, Megan Davis and Ashley Simpson answer the most common Property & Casualty insurance questions for both business owners and individuals. From reviewing coverage and avoiding costly gaps to understanding replacement cost, cyber insurance, and umbrella policies, this episode breaks down what you need to know to protect what matters—without overpaying.

Jan 06, 202609:17

The 5-Minute Risk Checkup Every Business Needs

Are you over-insured, under-protected, or both? In this episode of The Legacy Lab, Megan, Ashley, and Tom break down common insurance gaps, why outdated policies cost business owners money, and share a quick “5-Minute Risk Checkup” to spot red flags fast. Plus, hear real examples of how a simple policy review can save thousands and strengthen your protection.

Dec 09, 202509:04

Open Enrollment 101: Make the Most of Your Benefits This Year

It’s open enrollment season — and whether you love comparing insurance plans or dread it every year, this episode is for you. Megan and Ashley break down the essentials in simple, stress-free language so you can confidently choose the benefits that fit your life and budget.

Nov 11, 202508:59

Retirement Planning with Increased Longevity

People are living longer than ever, which means your retirement plan needs to go the distance. In this episode of The Legacy Lab, Megan and Ashley talk with RMC Group’s Tamara Middleton about how to plan for a 30–40 year retirement. They discuss saving strategies, income diversification, and preparing for healthcare and lifestyle costs so your money—and your life—last longer.

Oct 28, 202515:58

Retention Isn’t Free – The ROI of Vision, Dental & Ancillary Benefits

Employee retention isn’t free — but turnover costs far more. In this episode of The Legacy Lab, hosts Ashley and Megan are joined by Sue Nelson, VP of Health and Benefits at RMC Group, to explore how vision, dental, and other ancillary benefits deliver measurable ROI. From uncovering the hidden costs of turnover to breaking down how small investments in benefits boost retention, this conversation shows why ancillary coverage is more than a perk — it’s a smart business strategy.

Disclaimer:The information provided in this podcast is for informational purposes only and does not constitute legal, financial, or professional advice. RMC Group recommends consulting with qualified professionals regarding your specific needs and circumstances.

Oct 14, 202512:26

Cyber Insurance and Why It Matters

Cyberattacks aren’t just an IT problem—they’re a business risk. In this episode of The Legacy Lab, Megan and Ashley sit down with Mark Elwell, VP of Risk at RMC Group, to unpack why cyber insurance is essential for businesses of all sizes. From ransomware to regulatory fines, discover what’s covered, how policies work, and the steps you can take today to protect your company.

Disclosure: The information provided in this podcast is for informational purposes only and does not constitute legal, financial, or professional advice. RMC Group recommends consulting with qualified professionals regarding your specific needs and circumstances.

Sep 30, 202509:43

Captive Insurance - Taking Control of Your Risk Strategy

In this episode of The Legacy Lab, we dive into the world of captive insurance with special guest Tom Bachrach from RMC Group. Captive insurance allows businesses to create their own insurance company, giving them more control over risk, costs, and coverage.

We cover:

What captive insurance is and how it works
Why businesses should consider forming a captive
Which industries and companies are the best fit
How RMC Group helps business owners explore, establish, and manage captives

If you’ve ever felt limited by traditional insurance options or frustrated by premium volatility, this conversation will help you see how captive insurance could transform your risk strategy.

Sep 16, 202513:31

Health Insurance Myths That Are Costing You Money

Too many businesses renew their health insurance without truly understanding what they’re paying for—and it’s costing them. In this episode, we break down the most common health insurance myths, from “the cheapest premium is the best plan” to “we’re too small to negotiate better options.” You’ll learn the right questions to ask your broker before renewal, strategies to save money while improving coverage, and how to turn your health plan into a tool for retention—not just an expense.

Meet with Jessie: https://meetings.hubspot.com/jessie-millhouse

Blog: https://rmcgp.com/blog/5-health-insurance-myths-that-are-costing-your-business-money

Sep 02, 202509:05

SECURE 2.0 in Action – Implementation Tips & Year-End Strategies

In Part 2 of our SECURE 2.0 series, Megan and Ashley are back with Tamara from RMC Group to dig into what implementation really looks like for businesses. From updating plan documents to navigating payroll coordination and employee communication, Tamara shares practical tips to help business owners and HR professionals successfully adapt to SECURE 2.0 changes. This episode also outlines key year-end strategies to make the most of 2025 tax credits and plan enhancements—whether you're starting a new retirement plan or improving an existing one.

Resources: https://rmcgp.com/blog/how-secure-2.0-enhances-retirement-plan-security

Aug 19, 202512:45

SECURE 2.0 in Action – What’s Already in Effect & What’s Coming in 2025

In Part 1 of our two-part series, hosts Megan and Ashley from the RMC Group marketing team sit down with Tamara, VP of Pensions, to explore the most important changes already in effect under the SECURE 2.0 Act—and what’s right around the corner in 2025. From student loan matching to the new auto-enrollment mandate, this episode is packed with actionable insight for business owners, HR teams, and retirement plan advisors. Whether you already offer a plan or are just getting started, this episode will help you stay compliant, maximize tax credits, and prepare for what’s next.

Resources: https://rmcgp.com/tax-credit-calculator

Aug 05, 202515:43

Stormproof: Protecting Your Business and Home from Hurricanes and Wildfires

Disaster doesn’t wait—are you ready? In this episode of The Legacy Lab, we break down essential hurricane and wildfire preparedness tips for homeowners and business owners. With insights from RMC Group’s risk management guides, you’ll learn how to secure your property, protect your people, and recover faster after disaster strikes. From evacuation planning to insurance reviews and defensible spaces, this episode arms you with the tools to weather the storm. Download your free checklists athttps://rmcgp.com/hurricane-and-wildfire-guide-for-homeowners and start preparing today.

FEMA: https://www.fema.gov/disaster/current

WEA: https://www.fema.gov/emergency-managers/practitioners/integrated-public-alert-warning-system/public/wireless-emergency-alerts

EAS: https://www.fcc.gov/emergency-alert-system

Blog: https://rmcgp.com/blog/stormproof-your-future

Jul 08, 202517:22

DB vs. DC – Understanding the Two Paths to Retirement

Defined Benefit vs. Defined Contribution—what’s the difference, and why does it matter? In this episode, we break down the key features of each plan, who takes on the investment risk, and what that means for employers and employees. Whether you’re planning your own retirement or helping others do the same, this quick guide will help you navigate your options with confidence.

Jun 24, 202517:08

Workers' Comp 101 – How to Protect Your People and Your Bottom Line

Understanding workers’ compensation doesn’t have to be complicated—or costly. In this episode, we sit down with Tom Bacharach to break down the basics of workers’ comp in clear, practical terms. Whether you're a business owner, HR professional, or advisor, you'll learn what workers' comp actually covers, who needs it (spoiler: probably you), and five proven ways to reduce claims and cut costs without compromising employee safety.

You’ll walk away with a better understanding of how to:

Avoid common (and expensive) misconceptions
Stay compliant with state laws
Build a workplace culture that prevents injuries
Choose the right insurance partner
Ensure your payroll classifications aren’t driving up premiums

Don’t wait for a workplace injury to find out you’re unprotected. Tune in to learn how smart planning can protect your team—and your bottom line.

👉 Learn more at rmcgp.com
📲 Follow us on social: @rmcgp (LinkedIn, Facebook, Instagram)

Jun 10, 202517:13

Whose Car Is It Anyway? Understanding Hired & Non-Owned Auto Coverage

You don’t need to own company vehicles to be at risk. In this bonus episode of The Legacy Lab, we break down what hired and non-owned auto insurance is, why it’s critical for business owners, and how one overlooked policy could protect your company from costly liability. Featuring insights from RMC Group’s Tom Bacharach and Michael Rindenau, this is a must-listen for any business that sends employees on the road—even in their own cars.Get a free review!

May 27, 202511:12

Are You Protected? The Power of a Risk Review.

Most business owners don’t realize they have gaps in their coverage—until it’s too late. This episode explains what a Risk Review is, how it works, and why it’s essential for protecting your business. From insurance coverage to employee benefits, we break down the simple steps to uncover hidden risks, reduce costs, and gain peace of mind. Whether you're confident in your current setup or unsure where to start, this conversation will help you take control of your risk strategy.

👉 Learn more or schedule your own review here: https://meetings.hubspot.com/melwell1

https://meetings.hubspot.com/tbacharach

May 13, 202513:29

Prescription Drug Costs Are Skyrocketing: How Employers Can Take Back Control

Prescription drug costs are on the rise—and employers are feeling the impact. In this episode, we break down what’s driving these skyrocketing expenses, from blockbuster drugs like Ozempic and Wegovy to the hidden role of pharmacy benefit managers (PBMs). Learn why premiums are spiking, how drug pricing works in the U.S., and most importantly—what business owners can do to take back control. Whether it’s exploring pharmacy carve-outs, self-funded plans, or educating employees on smarter prescription choices, we’ve got actionable strategies to protect your bottom line.

Get in Contact with RMC Group

Apr 29, 202523:59

Solo 401(k) Plans: The Ultimate Retirement Tool for the Self-Employed

In this episode, we break down everything you need to know about Solo 401(k) plans—what they are, who qualifies, and how they can help you maximize your savings. We’ll cover contribution limits, tax advantages, and how to set up your own plan with ease. Tune in to learn why a Solo 401(k) could be the smartest retirement move for independent professionals and entrepreneurs.

Apr 15, 202525:14

Beyond the Paycheck: The Power of Employee Health Benefits

In this episode of The Legacy Lab, we dive into why offering employee health benefits is a smart business move. Learn how a well-designed benefits package can attract and retain top talent, boost productivity, and provide valuable tax advantages. We’ll explore the evolving benefits landscape, including Gen Z’s expectations for mental health support and digital tools, and outline key steps for getting started. Plus, we’ll break down the experts you need—insurance brokers, legal counsel, and benefits consultants—to create a cost-effective and compliant plan. Tune in for actionable insights to build a benefits program that works for your business and your employees.

For more information on offering health benefits: https://meetings.hubspot.com/jessie-millhouse | jmillhouse@rmcgp.com

Mar 18, 202523:43

Protecting Your Brand: Business Insurance for Creators and Freelancers

In this episode of The Legacy Lab, we dive into the essential benefits and protections freelancers, gig workers, and influencers need to secure their financial future. From business insurance policies like general liability, workers' compensation, and professional liability coverage, we break down why these protections are crucial. Plus, we share real-life examples of how professionals—like wedding planners and social media influencers—can find themselves at risk and how the right coverage can save their business. Tune in to learn how to build a secure foundation for your self-employed journey!

Feb 18, 202526:08

Retirement and Benefits for the Self-Employed

Episode 1: Tailored Retirement and Benefits for Solopreneurs and Gig Workers

Welcome to the inaugural episode of The Legacy Lab! In this episode, we dive into the unique challenges faced by self-employed professionals, from wedding photographers to nannies and gig workers, who often miss out on traditional employer-sponsored benefits.

Join us as we explore practical solutions, tailored to help solopreneurs secure their financial future. Learn how to protect your income and discover actionable steps to take control of your retirement planning today.

Building a legacy starts with informed decisions—let's thrive together!

Jan 29, 202530:17