If the pending legislation becomes law (and it's expected to be approved by Congress by the end of 2022), employers can boost 401(k) plans by implementing a student loan retirement match.

Administrative costs account for 15% to 30% of U.S. health care spending – and at least half of that spending is wasteful. Researchers note that not all administrative spending is wasteful, making a distinction between spending and waste.

While the inflation-fueled increase is much-needed for retirees, some experts say it is still inadequate in light of skyrocketing housing and health care costs.

With women needing to reframe and reenergize their finances, they need a financial roadmap that's unique to their needs, says a report from Fidelity, which is kicking off a 4-week virtual event for women.

Only about 40% have a positive outlook about the U.S. economy over the next six months, compared with nearly 70% a year ago, a new survey from Grant Thornton finds.

"Now, the Treasury Department is finalizing that fix so that the law works the way Congress intended and the cost of coverage comes down for families all over the country," President Joe Biden says in statement.

EmpiRx Health survey found that it is possible for health care services to provide a system of support and sustain costs, especially in a time of crisis.

"Affordable, comprehensive coverage for all Americans is essential to good health and a strong health care system," says Dr. David Blumenthal, president of the Commonwealth Fund.