PLANSPONSOR Weekend Newsdash
Week ending September 21st, 2018
At PLANSPONSOR our focus is on helping our readers with design, administration and compliance for their retirement plans; however, we realize that retirement plans compete for plan sponsors’ budget allocations. That’s one reason we sometimes cover health care benefits. In addition, considering health care expenses in retirement is one factor in retirement planning, and health savings accounts (HSAs) have now been suggested as a way to save for those expenses. This edition of PLANSPONSOR Weekend focuses on health care benefits. And, if you want to learn more about HSAs, a good place to start is our HSA Conference in New York City on October 2. Have a great weekend!
Editor's choice
Innovative Health Cost Saving Strategies Paying Off for Employers
Mercer projects that health benefit cost per employee will rise by 4.1% on average in 2019, down from 6.5% and 5.3% in previous years.Read more >
Data and Research
Mercer-Vanguard Health Savings Model Urges Personalized Planning
Vanguard has published a report recounting recent analytical work conducted in collaboration with Mercer Health and Benefits, aimed at helping employers better understand their role in supporting the health care needs of late-career workers and retirees.Read more >
Empower Combines HSA and Retirement Plan Reporting
A new interactive interface allows employees to think about retirement and health savings together and visualize the best way to allocate limited assets.Read more >
PayFlex Launches HSA Education Resource
PayFlex has launched new web-based resource center for employers seeking to learn more about health savings accounts (HSAs) and the benefits and drawbacks of account-based health coverage.Read more >
IRS Announces 2020 Contribution and Benefit Limits

The contribution limit for employees who participate in 401(k), 403(b) and most 457 plans is increased from $19,000 to $19,500.

The Odds Are Split for Senate SECURE Act Passage This Year

“Overall, it is an uncertain picture, but the SECURE Act is not dead in the water,” says Bradford Campbell, former EBSA head from 2006 to 2009. “I would say it is a little less than 50-50 that it happens this year.”

Pension Risk Transfer Appetite Is Unabated
They are trying other strategies, but DB plan sponsors are concluding that they and their employees would be better served by shifting risks to life insurers.
Congressional Leaders Want SECURE Act Passage in 2019

Based on the conversations industry advocates are having in Washington, none of the leadership in the Senate or the House opposes passage of the SECURE Act.

Why Americans Need the SECURE Act

The president and chief operating officer of Nationwide Financial makes a case for how passage of the SECURE Act will improve Americans’ retirement security.

Editorial: Alison Cooke Mintzer


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