Scott Wooldridge

While inflation for other goods and services has subsided over the last year, the same is not true for health care, which may draw even more attention from finance, according to a new Mercer report.

Working longer is one of the most powerful tools to improve retirement security, however, employers need to help employees deal with emergency funding needs outside of reducing their retirement savings, says a new report.

While Congress is interested in making it easier for employers to offer pension plans since DC plans might not provide enough retirement income, employers need to think “more holistically” about programs, says NIRS.

64% of health care workers said they are overworked and responsible for too many things during their shifts.

Asset manager BlackRock has launched LifePath Paycheck, which gives employees access to guaranteed income through a target date fund, allowing DC plans to switch some of an enrollee’s investments into an annuity at age 55.

The $2,500 Pension-Linked Emergency Savings Account option takes a small amount from paychecks (3%) and is easy to set up, said Commonwealth, which took a close look at new emergency savings options in SECURE 2.0.

The BIOSECURE Act seeks to sever ties with some Chinese biotech players, however, these firms are heavily embedded in the U.S. pharmaceutical industry, which is already struggling with widespread drug shortages.

Employees are much more interested in discussing mental health and finding help with their issues, which is why the No. #1 mental health benefit strategy of employers is manager training, says the Midwest Business Group on Health.

The study found that nearly three-quarters (71%) of companies do not provide internal communication staff guidance on when, where, or how to use the technology.

Informing workers about retirement savings options and encouraging the use of retirement advisors can go a long way toward helping employees be in a better financial position for retirement, according to a new survey.