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| Awards Nominations Open |
| 2018 Annual Plan Sponsor and Adviser Award Nominations Are Open |
| Nomination forms for the 2018 PLANSPONSOR Plan Sponsor of the Year awards and Retirement Plan Adviser of the Year awards are now available.Read more > |
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| Benefits and Administration |
| Trust in Retirement Plan Providers Helps With Financial Decisions |
| While not very high, participants’ trust in retirement plan providers has risen to 11% this year, according to the National Association of Retirement Plan Participants’ (NARPP) Participant Trust and Engagement Study. Their trust in retirement plan providers had hit an all-time low of 8% in 2016. NARPP says that trust in retirement plan providers is critical, as it affects plan participation, deferral rates and the use of plan tools. The survey reveals factors that improve participants’ trust in their retirement plan providers.Read more > |
| Encouraging HSA Use As a Retirement Savings Vehicle |
| Health savings accounts (HSAs) are a viable solution for people looking to cover their health care costs in retirement, according to a new report from HSA Bank. HSA funds can be invested, although only 3.8% of account holders are taking advantage of this opportunity. The report offers tips for plan sponsors to encourage employees to use HSAs for retirement health care savings.Read more > |
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| Economic Events |
| In August, the Producer Price Index for final demand advanced 0.2%, as the index for final demand goods climbed 0.5% and prices for final demand services inched up 0.1%, the Bureau of Labor Statistics reported. The final demand index increased 2.4% for the 12 months ended in August. |
