PLANSPONSOR Weekend Newsdash
Week ending November 16th, 2018
This week, we’re talking about health care and other benefits. Recently, AARP updated its Social Security Resource Center with an analysis of the 12 most common Social Security misconceptions. One of the most common misconceptions is the notion that the service is “going bankrupt” in the near-term. A MetLife report finds public sector employees are interested in customized benefits, and Vanguard partners with HealthEquity to launch health and wealth retirement planning services for defined contribution (DC) plan sponsors and participants. Additionally, 80% of plan sponsors are committed to reducing health care costs, and, while health savings accounts (HSAs) can offer quality investment options, a study shows fees remain high and transparency low. All this and more on this edition of PLANSPONSOR Weekend.
Editor's choice
Benefits
Crash Course on Social Security From AARP
One key misconception to break is that Social Security is meant to be an adequate source of income on its own for retirees.Read more >
Benefits
Public Sector Employees Want Customized Benefits
And public sector employers are more likely than their peers to offer a full range of benefits.Read more >
Products
Vanguard Partners on Offering HSAs to DC Plans
For Vanguard participants who elect to save in a HealthEquity HSA, Vanguard’s Retirement Readiness Tool technology will integrate their HSA information with their DC plan balance and other assets to give them a comprehensive view of their current and future retirement savings.Read more >
Benefits
Eighty Percent of Employers Focusing on Reducing Health Benefit Costs
However, while 71% of employers see a positive impact on company health benefit costs from wellness programs, more than one-third say they do not offer these programs, the Transamerica Center for Health Studies found.Read more >
Data and Research
HSAs Offer Improved Investment Options
Morningstar found fees remain elevated and transparency remains poor.Read more >
MOST POPULAR STORIES
2021 Target-Date Fund Survey
The DOL Has Begun Retirement Plan Cybersecurity Audits

Attorneys say the requests plan fiduciaries have received ask for a broad amount of information and documentation, and they urge fiduciaries to act on the DOL’s recent guidance.

2020 Recordkeeping Survey
Differences Between Safe Harbor and Traditional DC Plans

The primary distinction is that sponsors can design safe harbor plans to avoid having to perform nondiscrimination and top-heavy testing.

TRIVIAL PURSUITS: What do the M’s stand for in M&Ms?

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

Advertising: advertise@strategic-i.com

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