|IRS Announces 2019 HSA Contribution Limits|
For an individual with family coverage, the 2019 health savings account (HSA) contribution limit is $7,000, up from the recently reset $6,900 limit for 2018.
|4% Rule Not a Reliable Retirement Income Withdrawal Strategy for All People|
|A retiree’s investment portfolio is a large factor in determining an optimal, safe withdrawal rate in retirement, but longevity, expected spending and whether guaranteed retirement income is available plays a part as well.|
|Lawsuit Argues MetLife Pension Calculations Use Outdated Mortality Table|
A newly filed complaint takes issue with the way MetLife calculates the actuarial equivalence of different types of annuity benefit options available in the firm’s pension plan.
|401(k) Plan Sponsors Enhancing Plan Design|
The availability of Roth contributions has doubled in the last decade, and more plan sponsors are using a default deferral rate with automatic enrollment that is higher than 3%, a Plan Sponsor Council of America survey found.
|Financially Well Employees Buoy the Bottom Line|
According to John Hancock data, helping employees reduce their financial worries is well worth employer’s time and attention.