|
|
|
Week ending March 2nd, 2018 |
|
Hello, PLANSPONSOR readers. The fourth in a five-part series, investment firm Arnerich Massena has published its white paper, “Retirement Plan Best Practices: Plan Monitoring.” A new survey finds defined contribution (DC) plan sponsors are pulling out all the stops to get their participants saving—and saving adequately. A lawsuit about the design and administration of New York University’s 403(b) plans is the first of the large university lawsuits to go to trial. The largest defined benefit (DB) plan sponsors are leading the trend in accelerating pension contributions. And, if you want employees to put their pay increases due to tax reform into retirement savings, the time to act is now. All this and more in this edition of PLANSPONSOR Weekend!
|
|
|
|
|
 |
| 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 | | | Lawsuit Argues MetLife Pension Calculations Use Outdated Mortality Table | A newly filed complaint takes issue with the way MetLife calculates the actuarial equivalence of different types of annuity benefit options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. | |
|
|
|
