| Benefits & Administration | From Where Will the Retirement Paycheck Come? | The legions of Baby Boomers approaching
retirement is turning up the heat on the issue of ongoing income, especially to
pay health care expenses in retirement, according to Cerulli Research. The July
2015 Cerulli Edge-Retirement Edition takes a look at how recordkeepers and plan
sponsors can change plan participants’ perspectives, helping to de-emphasize
investment return and think about potential income.Read more > | Social Security Gains a Year of Solvency | The combined asset reserves of the Old-Age and
Survivors Insurance, and Disability Insurance (OASDI) Trust Funds are projected
to become depleted in 2034, one year later than projected last year, according
to the Social Security Board of Trustees annual report. The DI Trust Fund will
become depleted in 2016, unchanged from last year’s estimate, with 81% of
benefits still payable. The combined trust fund reserves are still growing and
will continue to do so through 2019, the report says.Read more > |
|
| |