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Margarida Correia is a former associate editor of the Employee Benefits Group and of Bank Investment Consultant.
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A Bank of America report reveals a disconnect between employers and employees on fiscal wellness, while educational programs can improve retention and engagement.
What larger retirement plan sponsors stand to gain and give up in a pooled employer plan created under the SECURE Act of 2019.
At face-value, HSAs are for short-term medical expenses, but advisors suggest paying out of pocket to maximize HSA funds for investing and tax-free growth.
Experts suggest locking in this emerging alternative to traditional health insurance coverage to help stabilize soaring health benefit costs.
Younger employees are least likely to enroll in retirement plans, but automatic enrollment and defaults dramatically improve participation across the board.
