PLANSPONSOR Weekend Newsdash
Week ending June 10th, 2016
Happy Friday, PLANSPONSOR readers! In this week’s news there was a lot of focus on helping employees with overall financial wellness: Empower and MassMutual announced solutions to help employees with managing bills and managing credit; equity compensation plan providers spoke about how those plans can help with overall financial goals; and Bank of America Merrill Lynch shared about how a few mind tricks can get employees more engaged in saving for retirement. Speaking of wellness, a most-emailed article among readers this week concerned the Internal Revenue Service’s (IRS’) views on tax treatment on health wellness program incentives. Enjoy this edition of PLANSPONSOR Weekend!
Editor's choice
Data and Research
Simple Strategies Can Improve Retirement Plan Participant Behaviors
A few simple tactics improved employee engagement with DC plans, Bank of America Merrill Lynch finds.Read more >
Products
Empower to Offer New Financial Wellness Benefit
The company seeks to help employees pay bills and save for emergencies with a new integrated service.Read more >
Products
MassMutual Partners with Kashable for Credit Solution
To help preclude 401(k) participants from taking out loans or hardship withdrawals, MassMutual is making Kashable credit services available through the BeneClick! employee benefits exchange.Read more >
Benefits
Equity Compensation Can Help with Overall Financial Plans
Whether it is to fill in the retirement savings gap or part of an overall financial strategy, equity compensation plans are attractive to employees.Read more >
Compliance
IRS Weighs In on Tax Treatment of Wellness Incentives
A memorandum from the Office of Chief Counsel of the IRS says cash rewards for participating in wellness programs should be included in an employee’s gross income.Read more >
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MOST POPULAR STORIES
New Financial Audit Rule Increases Requirements for Plan Sponsors
Plan sponsors will be required to provide much more data, as well as certifications about plan administration and governance, and limited-scope audits will no longer be so limited.
2021 Recordkeeping Survey
TRIVIAL PURSUITS: What do the M’s stand for in M&Ms?
Participants Missing the Full Match Remains a Big Problem

A new survey shows there are several reasons employees decide not to contribute to their retirement plans.

TRIVIAL PURSUITS: Meaning and Origin of the Idiom “Watershed Moment?”

Some may describe the arrival of the coronavirus as a “watershed moment.”

Editorial: Alison Cooke Mintzer alison.mintzer@strategic-i.com

Advertising: advertise@strategic-i.com

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