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October 14th, 2022 Information & Insights for the 403(b) Community Rising Employer Health Care Costs May Boost Self-Insured Plans A new WTW survey shows that half of employers are concerned about the increasing costs of providing group health plan coverage for retirees  New Survey Shows Inflation and Inequality Are Negatively Affecting Seniors’ Retirement The survey demonstrated the degree to which black and Hispanic retirees tend to have less saved for retirement than white retirees, as well as those who are unmarried or have low financial knowledge. Ask the Experts Email amy.resnick@issgovernance.com with subject line “Ask the Experts.” Social Security Cost-of-Living Adjustment Sees Highest Increase in 40 Years The increase is aimed at combating rising inflation. Millennials Would Liquidate Retirement Assets in Market Slump Millennials would cash out their retirement plan assets in a market downturn, research shows. Participate in the DC Survey For more than 20 years, PLANSPONSOR’s annual Defined Contribution Survey has provided benchmarking data for nearly 50 industries/business sectors and for 401(k), 403(b), and other DC plans, as well as nonqualified plans. Represent your industry and plan type by participating, and you’ll receive a free benchmarking report. Did someone forward you this newsletter? Sign up here to get (b)lines directly in your mailbox! Unsubscribe | Manage Subscriptions | Contact Us Copyright ©2024 Asset International, Inc. All rights reserved. No reproduction without prior authorization. Modern Slavery Statement 2022 | Do Not Sell My Personal Information | Privacy (including cookies), Social Media & Legal 702 King Farm Boulevard, Suite 400, Rockville, MD 20850