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 >
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 >
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 >
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 >
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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2022 Recordkeeping Survey
TRIVIAL PURSUITS: How Many States Are in More Than One Time Zone?
Some states are in more than one time zone.
Defined Benefit Plans May Have New Life

Don’t call it a comeback: Plan sponsors could thaw frozen defined benefit plans to return them as a retirement benefit for workers.   

TRIVIAL PURSUITS: Which are the most northern, southern, eastern and western U.S. States?
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


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