Banco Popular de Puerto Rico

“Those with an income shortfall are far more likely to be low-income, low-asset households, and they spend down their liquid assets at a far faster rate than households that do not have an income shortfall,” says one expert with the Employee Benefit Research Institute.

The labor market is healing faster for immigrants than for U.S.-born workers as the growing economy favors those at the low and high ends of the pay scale.

President Barack Obama’s administration released a state-by-state report on how $85 billion in automatic spending cuts will degrade programs from defense to education to public health as White House officials say they don’t expect to avert reductions to start March 1.

Mercer is one of the latest companies to enter the private exchange game, and the consulting giant gave employers an opportunity to check out the service during a conference call Thursday. Company executives revealed some of those specifics during the call, especially during the Q&A period for the audience.

The National Association of Health Underwriters hosts its annual Capitol Conference on Capitol Hill this week, bringing business leaders and bipartisan legislators together to discuss the changing marketplace and pending health reform regulations. Employee Benefit Adviser will be on site at the Hyatt Regency Capitol Hill to bring you coverage from this summit.

Rental car agency Avis Budget Group puts its 401(k) plan participants in the driver’s seat with access to investment advice.

Americans say they’re filling up less on fast food and pizza, according to a U.S. survey.

The Professional Insurance Marketing Association president is named for 2013. Groom Law Group, QBE, Liazon, Towers Watson and Pentegra all announce personnel moves. Check to see if a colleague is mentioned today.

The Department of Health and Human Services yesterday issued a final rule on the essential health benefits required of insurers under the Patient Protection and Affordable Care Act.

I frequently am asked by plan sponsors and plan administrators about how to respond to a request for plan documentation. Under Section 104(b)(4) of ERISA, a plan administrator is obligated to provide certain information when requested by a participant or beneficiary.