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May 17th, 2016 |
Individuals’ Expected Retirement Age Up Slightly The average age at which U.S. workers expect to retire is 66, up slightly from about 64 years of age between 2004 and 2008, according to Gallup’s 2016 Economy and Personal Finance Poll. Gallup found that one in seven seniors (67 and older) are still in the workforce today.Read more > |
State OPEB Funding ImprovedStates’ other post-employment benefit (OPEB) liabilities decreased 10%, to $627 billion, between 2010 and 2013, after adjusting for inflation, according to a report by The State Health Care Spending Project, an initiative of The Pew Charitable Trusts, and the John D. and Catherine T. MacArthur Foundation.Read more > |
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ASK THE EXPERTS
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| Student loan debt is causing Americans to delay saving for the future and forcing them to take on multiple jobs, according to a survey from the American Institute of CPAs conducted by Harris Poll.Read more > |
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Participant Readiness: Optimizing Financial WellnessHaving spent the past few years instituting plan provisions to boost participation and deferrals, many retirement plan sponsors now are taking a longer view of the financial challenges their employees face that will influence retirement-savings adequacy.Read more > | Can Church Plan Employees Contribute More?“Are there still rules that allow church employees to contribute more than they might normally be able to do under the existing contribution limits?”Read more > | | David Levine and David Powell, with Groom Law Group, and Michael A. Webb, vice president, Retirement Plan Services, Cammack Retirement Group, will field your questions concerning 403(b) plans and regulations. Send them to rmoore@assetinternational.com with Subject: Ask the Experts. Answers may be printed in future (b)lines. This feature is to provide general information only, does not constitute legal advice, and cannot be used or substituted for legal or tax advice. |
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