|
| PSOY Nominations |
| Time to Submit Plan Sponsor of the Year Nominations Is Running Out |
| The deadline for the 2018 Plan Sponsor of the Year awards nominations is November 6.Read more > |
|
| Benefits & Administration |
| Most Millennials Limit Spending to Save More |
| Sixty percent of Millennials (18- to 36-year-olds) who are limiting how much they spend each month are doing so in order to save more money (ahead of other concerns such as stagnant income, debt and worries about the economy and job security), according to a Bankrate.com report. That’s more than double the 25% of older generations who cite saving as the main reason for setting a spending cap.Read more > |
| Many Retirees Discover That Health Care Costs Are Higher Than Expected |
| The LIMRA Secure Retirement Institute found, through a survey of 2,000 Americans between the ages of 50 and 79, and who have been retired at least one year, that 40% had underestimated what they would face in health care costs. LIMRA research has found that retirees spend at least 13% of their income each year on health and long-term care expenses.Read more > |
