Wellness

Small employers such as Beehive PR and Beach Cities Health District create a culture of mental wellness with a suite of day-to-day programs that encourage work-life balance, employee involvement and employee growth and development opportunities.

401(k) and other defined contribution plan sponsors report high participation rates by millennials; however, millennials with student loan debt are saving at a lower rate.

ACA reporting becomes mandatory in 2016. Preparing employers to be compliant with reporting requirements is a core service that advisers should be offering, industry experts say.

The NFL and the NFL Players Association work together to build a comprehensive wellness program that helps retired football players better transition into a life without football, both financially and emotionally.

Many women contribute to their workplace retirement plans, but are also are very concerned about not being able to retire when and how they want to, implying that they may not be saving enough to feel secure about reaching their retirement goals.

Commentary: We would all be better off if we stopped debating the merits of employee wellness and focus on what the intent of it should be – helping employees and their families achieve their optimal health.

More companies are offering both a traditional 401(k) plan and a Roth 401(k) but plan participants are not as quick to embrace the Roth 401(k) as their employers are.

Many companies have embraced financial incentives as a way to encourage participation in wellness programs, but workers still express concerns about privacy and not wanting their employers to be involved in their health and well-being.

Commentary: There’s nothing so wrong with existing target-date fund options that warrant taking on the level of risk that appears to come with a customized TDF series.

As companies redesign their benefits around employee needs, the links between oral and overall health has employers incorporating dental benefits into wellness strategies.