PLANSPONSOR Weekend Newsdash
Week ending September 15th, 2017
Happy Friday, PLANSPONSOR readers! This week’s focus is on health care and other benefits. As student loan debt is becoming an increasing burden for employees, we reveal ways employers can help them with this struggle, and Fidelity has announced its new student loan repayment benefit. An acquisition announced earlier this year aims to reduce health care benefits costs for employers. A new report from HSA Bank offers tips for employers to encourage employees to use health savings accounts (HSAs) to save for these costs. An alliance between Willis Towers Watson and Stride Health Inc. aims to expand benefits for “gig” workers. Enjoy this edition of PLANSPONSOR Weekend!
Editor's choice
Benefits
Helping Workers Struggling With Student Loan Debt
With education and new tools, plan sponsors can help employees get student loan debt under control.Read more >
Products
Fidelity to Launch Student Loan Repayment Benefit
Fidelity has launched the Student Debt Employer Contribution program, which enables employers to make after-tax contributions towards their workers’ student loans. Fidelity will pilot the program in the fourth quarter and do a full rollout in 2018.Read more >
Products
Acquisition Poised to Help Employers Save on Health Care Costs
Patient Care’s advocacy and transparency services help employees better understand the complicated health care system and make informed decisions about health care spending.Read more >
Benefits
Encouraging HSA Use As a Retirement Savings Vehicle
There has been progress in terms of individuals saving and investing more HSA funds. However, educating individuals about the benefits of an HSA and how it fits into a holistic retirement strategy is an ongoing process.Read more >
Products
Partnership Creates Solutions for Gig Workers
In an effort to combat the insufficient benefits gig workers receive, Willis Towers Watson and Stride Health Inc. have teamed up to provide solutions for contingent workers, including contractors and part-time and seasonal employees.Read more >
MOST POPULAR STORIES
Getting SECURE Act’s Lifetime Income Provisions Right
Industry sources agree pains must be taken to ensure mandatory lifetime income projections to participants are accurate and contextual education is provided.
Getting Ready to Include Part-Time Employees in Retirement Plans
401(k) plan sponsors need to understand all the parts of the new requirement and, for some, the long-term effects on plan administration.
Roth is Not Just a Young Man’s Game

Erica K. Johnson, BOK Financial, discusses why Roth retirement plan contributions may be beneficial to a wider group of employees than previously thought.

Remembering the Basics of Fiduciary Duties
What ERISA retirement plan sponsors should know about their responsibilities as they make plan decisions or even outsource decisions to others.
SECURE Act Demands Updates to Rollover Notices

For example, language should be inserted to reflect that the age for taking required minimum distributions (RMDs) has been increased to 72.

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

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