Employee benefits

In as bold a move as its strongest blend, coffee powerhouse Starbucks late Monday upped the ante to its college degree program the company first unveiled last summer.

Six ways employers can lead employees down the path to confident health care consumer behavior.

The Internal Revenue Service and the Treasury Department have issued guidance aimed at making it easier for taxpayers to be automatically enrolled in retirement plans such as 401(k) and 403(b) plans by their employers, simplifying the correction methods if errors are made.

Political and financial pundits alike have talked about a retirement gap or even crisis for years. But as the demographic skews older the crisis is becoming more real.

As 403(b) plans look more like 401(k)s, plan sponsors are turning to advisers to help with plan design and administration.

Because employees aren't actively engaging in their retirement plans on a regular bases, a slight uptick has been seen in employers including managed account options in their workplace 401(k) and 403(b) plans.

Avoiding the Affordable Care Act's excise tax, set to take effect in 2018, is front-of-mind for many benefits decision-makers.

Commentary: Yes, employers can distribute plan documents electronically, but they must follow the rules, and don’t assume intranet posting is enough — because it is not.

Young benefit advisers are spearheading many of the efforts that promise to keep the benefits profession relevant in the 21st century. EBA’s 2015 Rising Stars in Advising are not just navigating the benefits industry, they’re paving its new frontier.

Changing the emphasis from the accumulation of retirement assets to a safer and smoother way of distributing those savings will help make employees' lives easier, and help maximize their Social Security benefits.

Commentary: Proactive case management is the first step to creating a process for disability leave management that clients can count on, says The Standard’s Sandy Johnson.

The federal government has delayed implementing proposed changes to the Affordable Care Act’s Summary of Benefits and Coverage until January 2016.

Workers and retirees know what they should be doing to prepare for retirement but when it comes to action, neither group is prepared.

Now, more than ever, the retirement plan services industry is placing a greater emphasis on in-plan guaranteed income solutions to help employees achieve better retirement outcomes.

As health evaluations move further center stage – be it via celebrities pushing for cancer screenings or companies including health assessments in wellness programs – it is becoming clear that to take full advantage of the health opportunities available, employees need to know as much as possible about their current health status.

Voluntary business is a well-known tool for brokers to increase their revenue while offering new products. But many employers are hesitant to add these products because of additional administrative burdens they can require. Enter the private health care exchange, says Carlos Ferrera, COO of Solstice Benefits and the Solstice Marketplace. With an exchange, the burden is gone, he says.

Defined contribution plans have become one of the fastest-growing segments of the retirement industry, representing $7 trillion of the $24 trillion in retirement system assets in 2014, and while private companies have been at the forefront of the change, but government entities are following suit, which means DC plans will become even more important in the years ahead.

Commentary: It’s harder for women to get ahead in business, thanks to pay inequality and other factors, says ACI Specialty Benefits’ Erin Krehbiel. But, they can do something about it.

You may have noticed that there's a new trend sweeping the financial services industry: robo-advisers. These services use algorithms to automate investing, manage individual portfolios and provide financial guidance.

Lawmakers are pushing through several pieces of legislation that encourage better health information technology, especially interoperability, which will help reduce medical errors.