Benefits

Understanding how health savings accounts work is key to being able to communicate about them to employees and avoid misconceptions.

Plan sponsors can use various plan design elements and methods of communication to get employees active with their health savings accounts and help them maximize their benefits.

Many millions of Americans drawing core Social Security benefits and Supplemental Security Income payments will see their benefits grow substantially next year.

Their top strategies are to educate employees about taking care of their health; offer high-quality, low-cost care options; and improve employee access to and cost of care.

Diversity, equity and inclusion efforts, as well as rising benefits costs, are causing some plan sponsors to reconsider their packages, says Willis Towers Watson.

To avoid depletion, payroll taxes will need to be increased, benefits cut or both, and waiting will mean larger changes will be necessary, the Social Security Board of...

Plan sponsors should educate their employees about distributions, and they can help their workers set up emergency savings accounts to avoid tapping into retirement funds.

The new variant is causing some employers and employees to reconsider their priorities for 2022 benefit selections.

A new generation of fintech providers is coming to market as the number of state-run plans is growing, giving small businesses a choice for offering employees a retirement...

Employees are underestimating the amount of student loan debt they will have to carry and worry about its effect on achieving future financial goals.

Americans plan to spend 40% of their retirement savings on health care costs, and HSAs are viewed as a key health care benefit, a survey finds.

They have several options that could help, depending on their budgets and goals.

As heart monitors, smartwatches and other electronic systems become more popular, employers may wonder whether they should offer these products to employees.

Health care decisions are financial decisions, and the right tools, communications and advice can help employees make the right choices.

Experts dissected what financial benefits and opportunities sponsors should offer participants, and any savings or spending hierarchies their participants should prioritize.

How plan sponsors can get participants back into a saving mode after a rough year.

The best programs include financial coaching, including one-on-one sessions, and are appealing to employees, experts say.