Helen Calvin, chief revenue officer at Jellyvision, explains how employees may respond better to employer education about HSAs, tracking HSA education success is easier, and employee changes relating to HSAs is much easier than other financial wellness education.
Michael Barry, president of October Three (O3) Plan Advisory Services LLC, says open MEPs will work up to a point, but contends that they only deal with one of the obstacles preventing small employers from adopting retirement plans.
“I read with great interest your Ask the Experts column discussing the effect of a military leave on a ‘cure period’ where a loan repayment was not made prior to the military leave, but a default has not yet taken place, because the cure period has not yet expired.
“I am an Employee Retirement Income Security Act (ERISA) 403(b) plan sponsor that is considering automatic enrollment. Are we required to implement automatic enrollment for all employees, or can we implement only for new hires?”