Benefits Archives | Page 7 of 662

Benefits | March 31st, 2025

9M Student Loan Borrowers Late on Payments, Showing Increased Financial Stress

Borrowers who have not begun making payments on federal student loans are being reported as delinquent to credit reporting agencies, causing more financial strain for employees.

Benefits | March 27th, 2025

Social Security Administration Clarifies Identity Proofing Requirements

The SSA extended, for two weeks, the launch of new identity-proofing requirements and made an exception for those applying for certain services.

Benefits | March 27th, 2025

The Workplace Mental Health Crisis of 2025

74% of those surveyed believe anxiety, caused by the current global political and social environment, leads to burnout at work.

Benefits | March 20th, 2025

Social Security Administration to Require Strict In-Person, or Online Identity Checks

Starting March 31, Americans must visit a field office or use the internet to sign up for Social Security benefits, which has ‘outraged’ the Alliance for Retired Americans.

Benefits | March 18th, 2025

Financial Wellness Tool Shown to Reduce Employee Stress

Survey from FinFit found that workers that have access to and utilize financial tools, make better financial decisions and report feeling more supported by their employers.

Benefits | March 17th, 2025

JPMorgan Sued Over Cost of Generic Drugs in Health Plan

The defendants claim the company breached its ERISA fiduciary duty by putting business interests ahead of the plan and its participants.

Administration | March 14th, 2025

Retirees Taking 1st RMDs Must Do So by April 1

The IRS rule applies to most participants in workplace retirement plans and all traditional IRA owners.

Benefits | March 13th, 2025

Georgia Considering Bill to Create a State-Run Retirement Plan

The proposed Peach State Saves program would require employers to automatically enroll eligible workers in a Roth IRA.

Benefits | March 12th, 2025

US Corporate Pension Finances Suffered ‘Worst Monthly Loss Since 2022’

Weak markets and rising liabilities resulted in sinking pension funding levels in February.

Benefits | March 11th, 2025

How Plan Sponsors Can Leverage Technology to Promote Financial Wellness

Some barriers persist to providing financial wellness tools to employees, according to speakers at the EBRI-Milken Institute 2025 Retirement Symposium.

Benefits | February 27th, 2025

What DOL Layoffs Could Mean for the Future of EBSA

Probationary employees and the head of the agency’s division of employee ownership were recently terminated amid President Donald Trump’s efforts to reduce the federal workforce.

Benefits | February 21st, 2025

What Happens to Federal Workers’ Thrift Savings Plan Assets After Being Terminated?

As government employees experience mass terminations, they await instructions on how to handle their retirement funds.

Benefits | February 20th, 2025

PLANSPONSOR Roadmap Series: Student Loan Matching and Educational Benefits

Employers have options to offer student loan benefits to employees and do not need to wait for further IRS guidance to start.

Benefits | February 14th, 2025

How Plan Sponsors Can Reevaluate Total Rewards in 2025

Employers can improve their offerings by enhancing the automatic 401(k) deferral rates and offering ‘must-have’ benefits to employees, according to a new Fidelity report.

Benefits | February 13th, 2025

Strong Markets, Steady Discount Rates Pushed Pension Funded Status Up in January

Corporate pensions funding surpluses rose to 27-month highs last month.

Benefits | February 12th, 2025

American Benefits Council Advocates for Tax Preferences in Policy Guide for Next 5 Years

The national trade association emphasized the importance of protecting retirement and health plans under ERISA and maintaining the current tax incentives associated with these plans.

Benefits | February 6th, 2025

Bills to Allow CITs in 403(b) Plans Reintroduced in House, Senate

The Retirement Fairness for Charities and Education Institutions Act of 2025 was reintroduced by a bipartisan group of senators and representatives on Wednesday.

Benefits | February 3rd, 2025

SECURE 2.0: What’s Effective This Year and What Plan Sponsors Need for 2026

While implementing SECURE 2.0 provisions effective 2025, plan sponsors prepare for a big change next year.

Benefits | February 3rd, 2025

Where Does SECURE 2.0 Implementation Stand for 2025?

While plan sponsors have prioritized implementing mandatory provisions, many of the optional provisions have taken a back seat due to administrative complexities and a lack of guidance.

Benefits | February 3rd, 2025

Plan Sponsors Move Forward (Slowly) With SECURE 2.0 Provisions

While catch-up contributions and cash-out thresholds have been adopted widely, take-up is more ponderous for student loan matching and emergency withdrawal flexibility.