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Who’s Working for You?: ERICIn a series of articles, PLANSPONSOR is profiling industry groups that work for retirement and health plan sponsors to protect them from onerous burdens and help them with plan design and administration. In this article we profile the ERISA Industry Committee (ERIC).Read more > |
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Employers Eyeing Total Well-Being ProgramsFinancial wellness is a hot topic in the employee benefits world, but it’s often hard to define and even harder to implement. Tom Woods, SVP of sales at Fidelity Investments, tells PLANSPONSOR that it is one component of a holistic benefits program that ultimately aims to improve the well-being of employees. He says providers are bundling different offerings to target specific challenges employees may be facing including student debt, which currently stands at record levels.Read more > |
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ASK THE EXPERTS
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Re-borrowing After Repayment of a Defaulted Loan“I work for a plan sponsor where payroll deduction and outside collateral cannot be used for loans. We have a participant who defaulted on a loan, but who later paid off the loan in its entirety. Do the Internal Revenue Service (IRS) regulations allow for re-borrowing in this situation?”Read more > |
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