Newsdash Insight on Plan Design & Investment Strategy from PLANSPONSOR
April 23rd, 2019
Benefits & Administration
Social Security Depletion Date Unchanged
The Social Security Board of Trustees says the Old-Age and Survivors Insurance (OASI) Trust Fund is projected to become depleted in 2034, the same as last year’s estimate, with 77% of benefits payable at that time.Read more >
Wellness Programs May Not Deliver Cost Savings in the Short Term
A trial among a large group of employees found a couple of positive self-reported outcomes by participants after 18 months of using a wellness program, but measures of health improvements and employer cost savings were not significant.Read more >
Employees Rely on Employers for Financial Advice
Working with recordkeepers that offer financial wellness programs can help a market of plan participants underserved by individual retirement advisers.Read more >
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