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Mastering Tomorrow: An Introduction to Executive Retirement Plans

Astron Solutions

provides a thorough introduction to executive retirement plans. Executive Retirement Plans are a valuable tool in creating a customized compensation package for an individual. Standard retirement plans may not always cater to the unique needs and expectations of high-ranking executives. Astronology® guest writer, DJ Schlegel Jr.

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Study: Retirement Plan Fees’ Decline Slowed in 2017

HR Daily Advisor

Retirement plan recordkeeping, trust, and custody fees—in a steep decline for years under pressure from sponsors, participants, federal regulations, and litigation—remained flat for the first time since 2010, according to a new survey. Plan fees were the lowest in a decade last year, and now the trend has taken a breather.

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The Critical Illness Insurance Market Continues to Trend Upward in the US

InfinityHR

A recent report released by LIMRA/Career Builder shows that the critical illness insurance market is trending upwards which is great for people who are looking for ways to help offset these rising costs. For these reasons, the critical illness insurance market is definitely on a year over year upward trend. and Canada.

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Evolution of the 401(k)

Guideline

Today, public and private sector employees alike use a 401(k) — or the nonprofit equivalent, a 403(b) — in order to plan for a comfortable retirement. Unlike pensions, these retirement plans put more of the planning decisions—and responsibility—on employees rather than the company.

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Brokers: Tailoring Benefits to Match What Gen Z Wants

Extensis

Gen Z workers (born roughly between 1998 and 2006) are more health- and wellness conscious than their Millennial and Gen X peers. According to Metlife’s 2022 Employee Benefit Trends report , health-related benefits are essential to Gen Z, including health insurance, dental insurance, and vision coverage. Be sure to cover the basics.

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Multiemployer Pension Plan Funding Nears Peak Since 2008 Crash, Study Says

HR Daily Advisor

Multiemployer retirement plans’ funding in the first half of 2017 neared its best position since the market collapse of 2008, according to a new study by the actuarial consulting firm Milliman. Jane Meacham is the editor of BLR’s retirement plan compliance publications. Gap Continues to Widen.

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Help Employees Understand the HSA Value Proposition

Corporate Synergies

million accounts in 2006 to over 22 million at the end of 2017. The opportunity to set aside pre-tax money for expenses in the future is an area where the HSAs and retirement plans, like 401(k) and 403(b), start to blend together in an employee’s retirement savings strategy. Using HSAs as an Investment Strategy for Retirement.