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
Rules for Retaining Benefit Plan Records
Electronic filing is popular, but benefit plan sponsors need to know the rules about what documents can be stored digitally and how.
Effect of the Biden Administration on Health and Retirement Benefits
Health and retirement benefit plan sponsors will likely see efforts to reduce health costs for Americans and a rolling back of current administration efforts, especially on ESG investing.
What Happens When Student Loan Payment Deferral Ends?

Employers can steer employees to help when they have to restart student loan debt repayments, and there is hope that more government help is on the horizon.

TRIVIAL PURSUITS: Residents of the Island of Misfit Toys
December 17, 2013 (PLANSPONSOR.com) – Who/what were the residents on the Island of Misfit Toys in “Rudolf the Red-Nosed Reindeer?”
Cybersecurity Risks Still Lurking for Retirement Plan Sponsors
A recent federal court decision does not let plan sponsors off the hook, and various state laws may be applied to cases against them.

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

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