PLANSPONSOR Weekend Newsdash
Week ending March 9th, 2018

Hello, PLANSPONSOR readers. This week we reported on studies that show women in general, and Latino women especially, would benefit from more education about retirement savings. Another study suggests two different approaches to getting participants engaged in an automatic enrollment plan versus an opt-in plan. American workers say financial education to help with current financial issues would improve their retirement security. And, RBC Wealth Management has issued a guide to help participants consider health care costs in their retirement planning. Enjoy this edition of PLANSPONSOR Weekend!

Editor's choice
Participants
Women Need Help Improving Retirement Confidence
Fifty-five percent of women are afraid they will outlive their savings, according to the Transamerica Center for Retirement Studies. Read more >
Participants
Retirement Saving Focus Especially Needed for Latino Women
Researchers at the University of Notre Dame, in a study funded by the National Endowment for Financial Education say Latinas—Hispanic women—have a huge appetite for financial education and a strong desire to save, and their savings could provide a critical safety net to America’s largest minority group. Read more >
Participants
Retirement Security Not Just About Retirement Savings Plans
When American workers were asked how helpful further education would be to achieve their goals, a large majority expressed the need for additional financial education. Read more >
Products
RBC Offers Guide to Retirement Health Cost Planning
A survey found only 56% of respondents have factored health care into their retirement planning. Read more >
MOST POPULAR STORIES
AT&T Sued Over Calculation of Early Retirement Benefits

The plaintiffs say the plan’s terms reduce benefits using “Early Retirement Factors” and “Joint and Survivor Annuity Factors” which result in plan participants receiving less than the actuarial equivalent of their vested accrued benefit, as required by ERISA.

Congressional Leaders Want SECURE Act Passage in 2019

Based on the conversations industry advocates are having in Washington, none of the leadership in the Senate or the House opposes passage of the SECURE Act.

Social Security Administration Announced COLA for 2020

Employees not only need basic education, but they need to know how to include Social Security in their retirement income strategy.

Survey Reveals Emerging Health Benefit Cost-Saving Measures

Employers are encouraging the use of biosimilars instead of specialty pharmacy products, creating an environment that makes it clear and easy for employees to opt for high-value services, and engaging effective programs to help manage anxiety and stress.

Millennium Trust Helps Small Businesses Select a Retirement Plan

The Retirement Savings Selector Tool for Small Businesses was created to help small businesses identify a retirement savings option that may be a fit for their business by answering a few quick and easy questions.

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

Advertising: advertise@strategic-i.com

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