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
The Senate Math That Could Block SECURE Act
Senate floor time is at a premium ahead of the 2020 presidential election—so much so that even legislation that passed the House with a near-unanimous bipartisan vote is not guaranteed to become law.
House Committee Advances Bill to Establish Union Pension Lifeline Program

The legislation aims to establish a 30-year loan program and new financial assistance for financially troubled multiemployer pension plans.

Open MEPs Not for Every Plan Sponsor
If legislation passes to allow for open multiple employer plans (MEPs) for plan sponsors without a common nexus, experts believe they will offer benefits to plan sponsors, but there would be some considerations to explore before joining one.
Driving Financial Wellness at Work
Wes Collins, senior manager of participant advice services at CAPTRUST, discusses financial wellness areas of focus, broken out by career stage.
Adidas Sued Over Excessive Fees for 401(k) Participants

Plaintiffs in the lawsuit argue that passive funds would have resulted in better returns net of fees that the actively managed funds offered in the plan.

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

Advertising: Paul Zampitella paul.zampitella@strategic-i.com

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