Newsdash Insight on Plan Design & Investment Strategy from PLANSPONSOR
May 18th, 2015
Benefits & Administration
Employers Say Highest ACA Cost Impact Yet to Come
One-third of employers (33%) expect the greatest cost increase from Patient Protection and Affordable Care Act (ACA) implementation to take place in 2016, according to a new survey, “2015 Employer-Sponsored Health Care: ACA’s Impact,” conducted by the International Foundation of Employee Benefit Plans. More than one-quarter (27%) expect the largest cost increase in 2018. Twenty percent state the impending excise tax, or Cadillac tax, will be their future top cost driver, followed by general administrative costs (19%) and costs associated with reporting, disclosure and notification requirements (13%).Read more >
Products, Deals & People
ICMA-RC announced and expansion of its professional investment advisory services to retirees. ICMA-RC’s Guided Pathways program now provides professional investment advisory services throughout the lifetime of public sector employees—from newly hired workers just beginning to save to retirees seeking help with making their assets last over their life expectancy.Read more >
Sponsored message from SageView, Vanguard and Ayco
Building a Stronger Retirement Plan for Cabot Corporation
See how SageView, Vanguard, and Ayco helped their client Cabot Corporation redefine their retirement plan and push participation rates to 94%.Read more >
Economic Events
THE ECONOMIC WEEK AHEAD: Tomorrow, the Census Bureau will report about housing starts for April. Thursday, the Labor Department will issue its initial claims report, and the National Association of Realtors will report about existing home sales. Friday, the Bureau of Labor Statistics will reveal the consumer price index (CPI) for April.