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| Webcast Event |
| Your firm and your plan participants may benefit
from considering work location and participant wealth factors—like job type,
regional home values and other aspects of total wealth—when developing your
retirement plan programs. Join subject-matter experts from the Morningstar
Investment Management group as they share their new research and provide
practical ways to help improve retirement plan design. The study suggests that
plan sponsors interested in building custom target-date solutions should
consider industry-specific human capital, region-specific housing, and other
types of risks unique to their participants.Read more > |
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| Sponsored message |
The Washington Connection: Key issues in the run-up to mid-terms
In the newest “Washington Connection” installment, Ann Combs, head of Vanguard Government Relations, offers insight on the latest legislative and regulatory issues from our nation’s capital. Click here to hear more.Read more > |
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| Benefits & Administration |
| Higher Ed. Employees Set Retirement Savings Example |
| Employees at colleges and universities are more
likely than employees in other professions to have taken concrete steps to plan
and save for retirement, a TIAA-CREF survey suggests. In addition to saving in
their employer-sponsored retirement plans, 42% of higher education employees
have saved in an individual retirement account (IRA), compared to 34% of
American employees overall. While 36% of college faculty and staff say they
have met with a financial adviser, only 22% of the general population report
the same. TIAA-CREF says the actions of higher education employees set a good
example for Americans as a whole when it comes to planning and saving for
retirement.Read more > |
| More Employers Considering Private Health Exchanges |
| A survey from the Private Exchange Evaluation
Collaborative (PEEC) shows 97% of employers are very likely to offer medical
coverage to at least some employees in 2016, up from 77% predicting they would
offer such benefits by 2016 last year. Private health insurance exchanges are
one option employers are exploring in order to minimize health care costs,
reduce their administrative burden, and increase benefit choices. A small
percentage of employers have implemented private exchanges for 2015 (6.4% for
actives), but interest in private exchanges as an option for full-time active
employees over the next several years is increasing. This year’s survey finds
one out of five (20%) employers are considering private exchanges as an option
for 2016, and 41% say private exchanges will be an option by 2018.Read more > |
