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
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 >
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 >
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 >
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 >
J.P. Morgan Agrees to Settle Stable Value Funds Suit

The firm has agreed to pay $75 million to settle litigation brought by multiple retirement plan participants alleging J.P. Morgan invested its stable value funds in risky assets.

Individuals, Employers and Government All Play a Part in Retirement Readiness

A new research report and Catherine Collinson, with Transamerica Center for Retirement Studies, lay out steps all three can take to improve retirement confidence and readiness in America.

Participant Loans: A Fiduciary Storm Brewing?
Bruce Ashton, with Drinker Biddle & Reath, discusses the fiduciary risk defined contribution (DC) plan sponsors could face when participants default on plan loans.
What to Know About Financial Audits Filed with Form 5500s
Plan sponsors required to file a financial audit along with their Form 5500 should know how regulators use the information and how to pick the best auditor.
2019 PLANSPONSOR National Conference

Editorial: Alison Cooke Mintzer

Advertising: Paul Zampitella

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