PLANSPONSOR Weekend Newsdash
Week ending October 20th, 2017
Hello, PLANSPONSOR readers! This week’s focus is on health care and other benefits. We covered studies that show employees need more education about their health care benefits and about health savings accounts (HSAs). The Social Security Administration recently announced a cost-of-living adjustment (COLA) for payees. We revisit an interview between PLANSPONSOR and Gary Dorton, vice president of the Principal Financial Group in charge of Nonqualified Deferred Compensation, about key employees’ attitudes toward retirement, and what it takes to create a best-in-class total retirement benefits program. And, Fidelity found employees are using employee stock purchase plans (ESPPs) to pay down debt or increase retirement savings. Enjoy this edition of PLANSPONSOR Weekend!
Editor's choice
Benefits
Employees Need More Health Benefits Education
The youngest employees especially feel unprepared to decide what plan they should choose, according to a survey from Aflac.Read more >
Benefits
Participant Knowledge of HSAs Reveals Some Gaps
A large number of individuals who consider themselves well-versed on health savings accounts (HSAs) are in for a surprise, as a recent LIMRA report found a disconnect between consumers’ subjective and actual knowledge about the plans.Read more >
Benefits
The Social Security Administration Announces COLA for 2018
Social Security and Supplemental Security Income recipients will see a 2% increase next year—the largest increase since 2012.Read more >
Interview
Why Nonqualified Plans Matter More Than Ever
Key employees now think very differently about retirement.Read more >
Investing
ESPPs a Useful Stopgap for 401(k) Loans, Fidelity Says
Workers are using the profits from their employee stock purchase programs wisely, such as paying down debt or reinvesting the money in their retirement plan.Read more >
MOST POPULAR STORIES
2021 Health Savings Account Survey
Health Care Costs in Retirement Remain a Top Stressor

Fidelity’s latest analysis shows people often underestimate the potential cost of health care in retirement, even after two decades of watching health care costs increase year-over-year.

2020 Recordkeeping Survey
SECURE Act 2.0 Passed Unanimously by Ways and Means Committee

A rare unanimous affirmative voice vote by the Ways and Means Committee allows the SECURE Act 2.0 to be considered by the full House of Representatives.

TRIVIAL PURSUITS: Meaning and Origin of the Idiom “Watershed Moment?”

Some may describe the arrival of the coronavirus as a “watershed moment.”

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

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