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| Benefits & Administration |
| Health Care Costs Remain Major Retirement Expense |
| A 65-year-old couple can expect to pay $220,000 on health care in retirement, finds the National Association of Government Defined Contribution Administrators Inc. (NAGDCA). NAGDA’s report says it is imperative that government employers educate their workers about the very high cost of health care they will face in retirement.Read more > |
| Student Loans Setting Millennials Back |
| Fifty-six percent of Millennials with current or past student debt are delaying major life events, compared with 43% of older adults, according to a Bankrate.com survey. Although student loan debt has hit Millennials the hardest in terms of delaying major life events, they aren’t the only age group to grapple with such debt. Bankrate learned that while 28% of 18- to 29-year-olds have ever carried student loan debt, 41% of 30- to 49-year-olds have done so.Read more > |
