Benefits

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HSAs could be Bank Boon

February 2, 2009 (PLANSPONSOR.com) - The Health Savings Account (HSA) business has apparently been kind to bank-based HSA providers, according to a new research report on the niche market segment.

73% of DC Sponsors Say No 2009 Match Changes

February 2, 2009 (PLANSPONSOR.com) - While media accounts may be full of reports of employer decisions to suspend their retirement plan company match contributions, 73% of DC plan sponsors in a new survey plan no match changes.

Employer Groups Voice Concerns over COBRA Extension

January 30, 2009 (PLANSPONSOR.com) - Several employer groups are voicing their concerns that the COBRA amendments within a stimulus package recently approved by the U.S. House of Representatives would both change COBRA's original purpose and cause more financial hardship.

Towers Perrin Finds Employers Adjusting Pay Programs

January 30, 2009 (PLANSPONSOR.com) - A new Towers Perrin survey shows the vast majority of U.S. companies are making multiple adjustments in their pay programs for all employees in response to the deepening economic crisis.

Wage, Benefits Costs Rise in Q4

January 30, 2009 (PLANSPONSOR.com) - Wages and salaries rose 0.5% and benefits rose 0.4% in the fourth quarter, according to the Employment Cost Index (ECI).

Reader's Digest "Recession Plan" Includes Match Suspension

January 29, 2009 (PLANSPONSOR.com) - The Reader's Digest Association, Inc. has informed employees that it will adopt a global "Recession Plan" to strengthen its financial performance in the current economy, which includes a the suspension of company matching contributions to its U.S. 401(k) plan.

Longevity Risk Makes for More Frugal Elderly

January 28, 2009 (PLANSPONSOR.com) - A new analysis from the National Bureau of Economic Research (NBER) suggests one potential reason why some elderly run down their assets slowly is uncertainty over their life spans.

The K-12 Market Segment, What Advisers Should Know

January 27, 2009 (PLANSPONSOR (b)lines) - New Internal Revenue Service regulations are poised to reinvent 403(b) defined contribution plans offered by tax-exempt entities such as K-12 public school systems, higher education institutions, and non-profits.

Will You Survive?

No doubt many of you are wondering if you will survive the changes brought on by new regulations. How about a rendition of Gloria Gaynor's "I Will Survive" to inspire you - or NOT! Be sure and watch through the chorus.

Sprint-Nextel Joins Those Halting 401(k) Match

January 26, 2009 (PLANSPONSOR.com) - Sprint Nextel Corp. on Monday joined a growing roster of employers scrambling to make companywide cost reductions including suspending their 2009 401(k) match.

DB Sponsors Take Inconsistent Attitude on Risk Factors

January 26, 2009 (PLANSPONSOR.com) - A MetLife survey of defined benefit plan sponsors found a surprising distance between those focusing on traditional risk factors and other potential plan pitfalls that are more difficult to measure.