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
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Lawsuit Argues MetLife Pension Calculations Use Outdated Mortality Table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.

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

Advertising: Paul Zampitella paul.zampitella@strategic-i.com

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