Benefits |
PSNC 2020: Addressing Employees’ Student Loan Debt
More employers are helping workers restructure loans, and some are even repaying the loans directly.
Benefits
Benefits |
Employees Taking a Greater Interest in Specific Benefits
Life insurance, dental insurance, health and flexible spending accounts, and financial planning tools are on workers’ radar, according to MetLife.
Benefits |
COVID-19 Is Prompting More People to Review Workplace Benefits
More than half plan to make changes during open enrollment, according to Voya Financial.
Benefits |
Most Employers Intend to Offer Same Health Care Coverage in 2021
But many said they might be looking to cut costs in other ways.
Benefits |
This Year’s Open Enrollment Season a Change for Employers and Employees
More classifications of employees, a remote work environment and employees placing a greater value on benefits means employers have more to consider for benefit offerings and communications.
Benefits |
Financial Wellness Programs Should be Engaging and Include Objective Measures
A Retirement Advisor Council paper recommends ensuring the program is accessible and usable to anyone regardless of literacy, wealth or earnings.
Benefits |
If COVID-19 Prompts Teacher Retirements, Pensions in Jeopardy
It would increase public pension plans’ required contributions and result in lower contributions by members.
Benefits |
Rethinking HSAs
With the high cost of health care, employees are using HSAs as spending, not savings, vehicles, and if more people had access to them, it might help with...
Benefits |
Coronavirus Influencing Future Health Benefit Plan Design
Large employers will expand mental and emotional well-being services and access to virtual care, and the pandemic is making it hard to predict future health care costs.
Benefits |
Trump’s Payroll Tax Deferral Opens Questions About Social Security’s Future
Whether there is a detrimental effect depends on what Congress does.
Benefits |
Are Employer-Sponsored DC Plans the Best Retirement Savings Vehicles?
The coronavirus pandemic and other factors have called into question the value of DC plans, but experts say they’re still good savings vehicles.
Benefits |
It’s Back to Basics for Benefits Priorities
Prior to the pandemic, ultra-low unemployment put a spotlight on ‘lifestyle benefits’ for employees. The COVID-19 downturn has already shifted the focus of many plan sponsors.
Benefits |
Small Business Employers are Freezing Cash Balance Plans
Amid the pandemic, many are pausing their cash balance plans out of concern that there could be insufficient cash on hand to make required contributions.
Benefits |
Employee Engagement Strategy Greatly Increases Benefit Usage, Including HSAs
Fidelity Investments reports the more an employer communicates with workers on benefits, the likelier they are to use them.
Benefits |
EBRI Says CARES Act Distributions Could Have Lasting Consequences
The report highlights how a loan or distribution option under the CARES Act can affect employees.
Benefits |
Social Security Burdens Fall on Younger Workers
As unemployment rises and employees retire sooner, experts say Social Security will be exhausted faster than predicted.
Benefits |
Phased Retirement Programs Offer Perks for Employees and Employers
A phased retirement program can help employers address workforce issues and help employees make a smooth transition, and it should include education and advice.
Benefits |
Considerations for Benefit Offerings and Open Enrollment for 2021
Employers must balance costs with increased employee needs, and benefits leaders predict employees will be looking at benefit offerings more closely this year.
Benefits |
Longevity and Retirement Experts Encourage Retention of Older Workers
Many older employees either want or need to work past the traditional retirement age; sources say it makes economical sense for employers to help them do so.
Benefits |
Fostering Compassion During a Crisis
This year's events offer employers a chance to connect with employees and change workforce and retirement plan investing efforts.