PLANSPONSOR Weekend Newsdash
Week ending October 11th, 2019
The offering of health savings accounts (HSAs) has grown exponentially since their introduction in 2004. In recent years, they have been presented as a powerful tool for helping employees save for health care expenses in retirement, but they may also help with employees’ current financial wellness. A big problem is that many employees—and even employers—don’t fully understand how HSAs work. More education is needed for employees to get the best use of HSAs for their needs. Enjoy this edition of PLANSPONSOR Weekend! And, please note that on Monday, PLANSPONSOR.com readers will find a new website experience. We hope you will find it even more engaging and intuitive!
Editor's choice
Benefits
Health Care a Top Concern to Address in Financial Wellness Programs
Surya Kolluri, with Bank of America, says financial wellness should be thought of in the broadest way, with an eye toward how employees live their lives; this includes health care and caregiving efforts.Read more >
Benefits
Investing HSA Savings Is Key to Building Accounts
It is also important to fund accounts right away.Read more >
Benefits
Entry-Level Employees to Top Executives Need HSA Education
Employee education about HSAs remains the dominant concern of plan sponsors, and plan sponsors struggle to tell employees how to allocate their savings dollars, according to a survey from PSCA.Read more >
Research
Health Savings Account Buyer’s Guide
Employers have many choices when selecting an HSA partner. Providers compete in a number of different areas, including local/national participant service offerings; interest rates on cash balances; investment option types and availability; and bundling strategies.Read more >
Products
WEX Health to Host HSA Education Event
The live-streamed panel discussion will take an in-depth look at the uses, benefits and tax advantages of health savings accounts (HSAs), as well as their use as a long-term retirement plan and safety net.Read more >
MOST POPULAR STORIES
DOL ESG Proposal Throws a Cloud Over Prior Guidance
The proposed regulation seems to create stricter limits for ESG investing in retirement plans, but experts say it is not all doom and gloom for plan sponsors and participants who want these investments.
Lawsuit Says Plan Fiduciaries Should Have Chosen Less Expensive CITs

Though the majority of investment options for Estee Lauder’s 401(k) are CITs, the lawsuit argues the TDFs are more expensive private label CITs.

COVID-19 Compliance Corner: IRS Expands CRD Eligibility and Clarifies Loan Rules

Each week, Carol Buckmann, with Cohen & Buckmann P.C., will explain legislative provisions or official guidance related to the COVID-19 pandemic that affect retirement and health plan sponsors.

FRIDAY FUN Early Edition - July 2, 2020

An early edition of FRIDAY FUN because of the 4th of July holiday.

Another Risk for Retirement Savings: Divorce
Divorced women are especially vulnerable, but targeted messages not just focused on retirement can help.

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

Advertising: advertise@strategic-i.com

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