Retirement Savings Optimization
Employees Need HSA Education, Especially Now
Education is vital for all benefits, and especially now for health insurance coverage, says Fidelity Investments.
Legislative and Judicial Actions
Employees, Employers Have More Time to Contribute to Benefit Plans
However, excess deferrals made by participants in 2019 must still be paid to participants by April 15.
Investment Product and Service Launches
Vanguard modifies managed payout fund; Transamerica launches stable value option for 403(b)s; Fidelity announces health savings mutual funds; and more.
Principal and HSA Bank Announce Partnership
Chad Wilkins, president of HSA Bank, says the new relationship will provide a useful tool for customers, uniting health and wealth planning.
TIAA Is Latest Provider to Launch Institutional HSA Offering
The TIAA HSA will be administered by HealthEquity Inc. and will work in concert with TIAA retirement plans.
T. Rowe Price to Integrate HSA Offering With Recordkeeping Platform
The integration will give participants the ability to view and manage their retirement and health savings accounts holistically.
PANC 2019: Health Savings Accounts as a Retirement Planning Vehicle
Increasingly, HSAs are being viewed, accepted, and treated in the industry, as a long-term investment strategy.
Investment Product and Service Launches
American Century Investments to develop new equity and fixed income suite; HealthSavings Administrators releases HSA investment vehicle; DWS Group launches ESG ETF; and more.
Advisers’ Future Trajectory
2020 HSA Contribution Limits Announced
The IRS announced small increases to health savings account (HSA) contribution limits for 2020 and a new definition for a high-deductible health plan.
BoA Launches HSA Digital Platform
The aim is to make the tax-advantaged savings vehicle more accessible and easier to use
Fidelity Launches Benefits Package Catered to Small and Midsized Businesses
Named Fidelity Works, the package will also be available to third parties working with these employers, including advisers, employee benefits brokers, banks and certified public accountants (CPAs).
Couple Retiring This Year Will Spend $285,000 on Health Costs
While Fidelity’s estimate is for a couple retiring in 2019, the firm says it’s also a call-to-action to younger generations.
Business Owners Seeking Adviser Help With HSAs
Just over half think health care will be the biggest expense in retirement, a Nationwide Retirement Institute survey found.
Cetera Makes Advice Available for HSAs
It is expanding its retirement plan advice and consulting platform to HSAs and other non-ERISA employer-sponsored plans.
DC Plan Sponsors Seek to Keep Assets in Their Plans
Notably, more than 60% of employers want to keep retirees in their plan, and they are looking to change their targeted communications to inspire action, Alight Solutions found.
Voya Introduces Suite of Health Savings and Spending Accounts
For the Voya health savings account (HSA), Voya Investment Management is providing manager selection and oversight and has constructed the HSA investment menu that includes a mix of funds managed by Voya Investment Management as well as other well-regarded managers.
2018 Beyond(k): HSAs, Pension Risk Transfer, Student Loan Debt Relief
A look at some of the products and services retirement plan sponsors are requesting outside of 401(k) plans.