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The Federal Reserve raised its benchmark interest rate Dec. 16 by 0.25%, which could have implications for both defined contribution and defined benefit retirement plans moving forward.
While most experts agree that a small bump in rates — 0.25% to 0.50% — would not have much of an immediate effect on either side of the retirement aisle, they believe this is just the opening salvo in an attempt to get rates back up where most people believe they should be.
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While the legislation's future is still unclear, there are many important things for leaders to know.
Employers face another steep rise in healthcare expenses in 2027, prompting a closer look at GLP-1 coverage, pharmacy spending and high-cost conditions.
In addition to finding success with a self-funded model, an in-house program gives Fello's employees access to cost-free primary and urgent care.
Public sectors are approaching chronic disease support out of necessity, leading to benefits that build a stronger workforce.
As costs to treat serious conditions surge, employers must plan how to absorb budget-altering expenses ahead of time.
