Newsdash Insight on Plan Design & Investment Strategy from PLANSPONSOR
July 18th, 2019

Employees in Two States Miss Out on One HSA Benefit

Is this impacting health savings account (HSA) participation?Read more >
Benefits & Administration
Strategies to Lower Employer Health Benefit Costs Already Exist
Employers can lower their health benefits spend, as well as costs for employees, by moving away from preferred provider organizations (PPOs), utilizing value-based care and using benefits consultants instead of traditional brokers.Read more >
Small Business Employees Benefiting From Enhanced DC Plan Design
The adoption of enhanced defined contribution (DC) plan features has led to increased plan participation and optimized portfolio construction for small business employees, according to Vanguard.Read more >
Economic Events
Privately‐owned housing starts in June were at a seasonally adjusted annual rate of 1,253,000, the Census Bureau reported. This is 0.9% below the revised May estimate of 1,265,000, but is 6.2% above the June 2018 rate of 1,180,000. Single‐family housing starts in June were at a rate of 847,000; this is 3.5% above the revised May figure of 818,000. The June rate for units in buildings with five units or more was 396,000.
MOST READ ARTICLES
1
IRS Announces 2020 Contribution and Benefit Limits
2
The Odds Are Split for Senate SECURE Act Passage This Year
3
The Tech Behind DC Plan Administration Solutions
4
Congressional Leaders Want SECURE Act Passage in 2019
5
Employees Are Making Each Other Sick
Market Mirror

Wednesday, the Dow lost 115.78 points (0.42%) to finish at 27,219.85, the NASDAQ closed 37.59 points (0.46%) lower at 8,185.21, and the S&P 500 decreased 19.62 points (0.65%) 2,984.42. The Russell 2000 was down 11.22 points (0.72%) at 1,550.78, and the Wilshire 5000 fell 192.48 points (0.62%) to 30,691.73.

 

The price of the 10-year Treasury note was up 5/32, decreasing its yield to 2.053%. The price of the 30-year Treasury bond increased 11/32, bringing its yield down to 2.563%.
Compliance
Even With No CBA, Withdrawing Employer May Have to Pay Multiemployer Plan
A multiemployer plan was found to have brought a viable claim for a withdrawal contribution required in its trust documents.Read more >
Additional Preventive Care Benefits Permitted for HDHPs
The IRS has issued guidance allowing high-deductible health plans (HDHPs) with health savings accounts (HSAs) to cover specified medications and services used to treat chronic diseases prior to meeting the plan deductible.Read more >
Small Talk
ON THIS DATE: In 1927, Ty Cobb set a major league baseball record by getting his 4,000th career hit. He hit 4,191 before he retired in 1928. In 1932, the U.S. and Canada signed a treaty to develop the St. Lawrence Seaway. In 1936, the first Oscar Meyer Wienermobile rolled out of General Body Company’s factory in Chicago. In 1947, President Harry Truman signed the Presidential Succession Act, which placed the Speaker of the House and the Senate President Pro Tempore next in the line of succession after the vice president. In 1985, Jack Nicklaus II, at age 23 years old, made his playing debut on the pro golf tour at the Quad Cities Open in Coal Valley, Illinois.
SURVEY SAYS: I’ll admit, sometimes my sons and I will text each other while we’re in the house but in separate rooms. This week, I’d like to know, when it comes to friends and family, do you text more or talk more? You may respond to this week’s survey by 6 p.m. Pacific time today.Read more >
Share the news with a friend! Pass the NewsDash along and tell your friends/associates they can sign up for their own copy.Read more >

Editorial: Alison Cooke Mintzer alison.mintzer@strategic-i.com

Advertising: advertise@strategic-i.com

Subscribe to NEWSDash, click here .

To unsubscribe, click here.

BrightScope / CIO / FWW / Investor Economics / LiquidMetrix / Market Metrics / Matrix Solutions / PLANADVISER / Plan For Life / PLANSPONSOR / Simfund