Week ending July 21st, 2017 Happy Friday, PLANSPONSOR readers! In addition to the most popular articles with readers this week, we focus on health care and other benefits. The American Enterprise Institute looks into whether state-run plans would be good for low-income workers or whether Social Security is enough for them. A survey finds as the stress of looming student debt grows, more employees are looking to work for companies that offer to pay down their student loans. In health care news, we find that state employers are also feeling the pinch of higher health benefit costs, many health savings account (HSA) holders are missing out on investing their assets, and most employers want to keep certain features of the Affordable Care Act (ACA). Enjoy this edition of PLANSPONSOR Weekend!
Editor's choice Data and Research Social Security May be Adequate for Low-Income Workers The American Enterprise Institute questions the benefit of automatically enrolling low-income workers into state-run IRAs.Read more > Benefits Many Employees Would Choose Student Loan Assistance Over 401(k) It is feasible, budget-wise, for participants to participate both in a student loan repayment assistance program and a defined contribution (DC) plan, says Balaji “Raj” Rajan, CEO of IonTuition.Read more > Benefits States Take Similar Action to Private Sector in Reducing Health Benefits Costs A study finds an increase in cost sharing and the offering of consumer-directed health plans.Read more > Data and Research HSA Account Holders Missing Out on Investment Returns Ninety-six percent of HSA holders invest their money in cash, EBRI finds.Read more > Benefits Most Employers Do Not Want ACA Repealed Entirely In Employer Pulse Check: The Future of ACA, the International Foundation of Employee Benefit Plans surveyed employers from across the country and found 71% would not like ACA repealed entirely.Read more >
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