Newsdash Insight on Plan Design & Investment Strategy from PLANSPONSOR
July 24th, 2015
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 >