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.
Tag: Health care
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.
Retirement Reality
Americans’ lack of foresight on 401(k) savings—and what
advisers can do to ramp it up
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.
Health Care Reform Could Prompt Earlier Retirement
Provisions of the Patient Protection and Affordable
Care Act (PPACA) could cause employees to retire earlier because of health care
coverage available after leaving their companies.
Insurer Asks Investors to Consider Retirement’s 4 C’s
Allianz
Life Insurance Company of North America created a planning tool to give
investors and advisers a “framework for a retirement income strategy.”
Employers Hoping for Repeal of Health Reform Law
Six in ten employers surveyed are hoping for full repeal of the Patient Protection and Affordable Care Act (PPACA).
Retirees May Be Overly Confident About Health Care Costs
Despite the rising cost of health care, many retirees are not concerned about paying for it.
Employers Shift to Employee-Controlled Benefits
Because
of the economy and recent employment-related legislation, many employers have
shifted to benefits that place primary responsibility and control on employees,
a survey found.
401(k) Eligibility a Key Factor in Retirement Readiness
Being eligible to participate in a 401(k) is critical in closing the
retirement savings gap for Generation X, according to the Employee Benefit
Research Institute (EBRI).
Employers Adjusting for Additional Costs from Health Care Act
Nearly half of all employers (47.2%) have conducted
an analysis to determine how health care reform legislation will impact their
health care plan costs.
Arthur Gallagher Acquires Employee Benefits Brokerage
Arthur J. Gallagher and Co. of Itasca, Illinois, acquired Broker Benefit Services LLC.
Employees Open to Forfeiting Part of Salary for Retirement Income
Employees are willing to give up a percent of their salary in exchange for retirement income, a survey found.
Retirement Planning Differs Between Genders
Men and women are preparing for retirement in very
different ways, according to research released by Ameriprise Financial.
TIAA-CREF Partners with Emeriti Retirement Health Solutions
TIAA-CREF has partnered with Emeriti Retirement
Health Solutions to help individuals save adequately to cover health care needs in retirement.