Average HSA Balance Rose 37% in 2014 to $1,933, EBRI Says
Today, 17 million policyholders and dependents are covered in 13.8 million accounts.
Tag: Health care
HSAs Woefully Underutilized, HelloWallet Finds
Participants in health savings accounts contributed a median of $700 a year.
Few Investors Grasp Long-Term Potential of HSAs
Given the tremendous health care costs people will face in retirement, HSAs can be a significant tool.
Benefits Tool Can Forecast Medicare Expenses
Cowden Associates has introduced Retirement ComprehensiveCast.
HSAs a Growing Retirement Savings Opportunity
Workers are still mainly unaware of the long-term tax-free growth health savings accounts (HSAs) can generate.
Employee Financial Wellness Programs the New Normal
More companies are adding or considering financial wellness programs for their participants, according to Bank of America Merrill Lynch's Workplace Benefits Report.
Firm Debuts Retirement Health Costs Planning Tools
A set of consumer-facing tools and
a white paper from HealthView Services aim to help people incorporate health
care costs into retirement planning.
Genworth Survey Highlights Retirement Shortfalls
According to the recent “Generational Planning Study” released by Genworth, nearly half (46%) of American adults give themselves a poor or failing grade when it comes to their retirement account contributions.
Advisers Should Include Insurance in Retirement Planning
As individuals often lose employer-provided insurance benefits when they retire, it is important to consider what insurance is needed so they can retire comfortably and confidently.
HSAs Can Be a Tool for Retirement Planning
As increasing health care costs compete with retirement savings, health savings accounts (HSAs) can be a tool for a holistic health and retirement benefits plan.
The Need for Long-Term Care Insurance
When I was a youngster many years ago, my mother taught me to look both ways before crossing the street. I was precocious and told my mother that on a one-way street, I only had to look one way.
App Helps Advisers Compare Plans
Transamerica Retirement Solutions released a new mobile application that allows plan advisers and financial consultants to directly compare retirement plans.
Health Care Worries Dent Savings Goals
Participants in employer-sponsored retirement plans are prepared to reduce 401(k) account contributions to mitigate worries over health care expenses, the Mercer Workplace Survey finds.
PPACA May Create Need for New Adviser Role
Health benefits costs will continue to increase despite the Patient Protection and Affordable Care Act (PPACA), and in some cases, because of it, according to Sheldon H. Smith, of counsel at Bryan Cave LLP in Denver.
Designation Aims to Reassure Consumers
The American College of Financial Services created the Financial Services Certified Professional (FSCP) designation, which seeks to help advisers understand client concerns.
Guardian Launches Assessment Tool
The Guardian Life Insurance Company of America launched an online benefits assessment tool for employers.
Council Requests Guidance on DOMA Changes
The American Benefits Council has requested guidance about how the ruling on the Defense of Marriage Act (DOMA) will affect health and retirement plans.
Addressing Employees’ Conflicting Financial Priorities
Mortgage payments, credit card debt, college tuition—they can all get in the way of retirement savings, despite employees’ best intentions.
Health Care Costs Are Key Topic
Discussing health care costs in retirement is new
for many advisers, and few say they have the knowledge and resources to do it
well.
Plan Adviser Ranks Poised for Double-Digit Growth
The professional retirement plan adviser profession will be
fundamentally transformed during the next three years, according to a study
from Diversified.