President-elect Donald Trump has named economist Kevin Hassett, who is known in the retirement industry for a high-profile white paper that was the basis for the Retirement Savings for Americans Act bill, to lead the White House National Economic Council.
The physician group is asking the Labor Department to apply Medicare Advantage plan-type rules, which as limits on repeat reviews for patients with chronic conditions, on ERISA plans.
Given the significant impact of financial stress on both personal wellbeing and organizational productivity, it is imperative for employers to rethink and redesign financial wellness programs to be more personalized, engaging, and effective.
Most (82%) participants in National Association of Government Defined Contribution Administrators member plans have access to defined benefit and defined contribution plans, according to a new NAGDCA guide.
“In our analysis, we concluded that there are a common set of initiatives employer-sponsored health plans use within their overall benefits plan strategy to combat their vendor and cost challenges,” said David Neikrug, CEO of Optimatum.
Improving retirement security in America has been one of the things that has had wide bipartisan support recently, and now Republican control of the Presidency, House, and Senate could make passing retirement legislation easier, says retirement industry insider David Blanchett.