News

• Finance executives see nearly 4 percent salary growth

  By Amanda McGrory-Dixon  |  May 23, 2013

  Although finance professionals have received compensation increases, the percentages fell for all levels except executives, according to a recent survey by the Association for Financial Professionals.

• Annual family health care costs rise above $22,000

  By Kathryn Mayer  |  May 23, 2013

  The annual cost for health care for a family of four could cover a year of tuition at an in-state college.

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  Employers test mix of strategies to avoid PPACA

  By Allen Greenberg  |  May 23, 2013

  Beyond merely cutting jobs or the hours of part-timers, companies are turning to temp agencies, PEOs and other possible solutions.

• Wealthy investors overlook risks, U.S. Trust finds

  By Paula Aven Gladych  |  May 23, 2013

  Nearly half of high net-worth individuals say they have planned ahead for health care and long-term care costs in retirement.

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  Millennials overwhelmed by debt, survey finds

  By Paula Aven Gladych  |  May 23, 2013

  Millennials, a survey finds, are more worried about debt than their day-to-day expenses.

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  Key House chairman slams Senate immigration bill

  By Erica Werner  |  May 22, 2013

  A key House committee chairman on Wednesday sharply criticized a wide-ranging immigration bill just passed by a Senate committee.

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  18 states to drop PCIP programs

  By Ann Sanner  |  May 22, 2013

  Eighteen states have decided to turn their state Pre-existing Condition Insurance Plan programs over to the U.S. Department of Health and Human Services.

• LIMRA supports lifetime income illustrations for DC plan statements

  By Paula Aven Gladych  |  May 22, 2013

  LIMRA is a big fan of the Employee Benefit Research Institute's proposal to include a lifetime income illustration as part of a defined contribution plan participant's account statement.

• Investment in 403(b) plans jumped in 2012

  By Paula Aven Gladych  |  May 22, 2013

  Investment in 403(b) plans continues to rise as both plan sponsors and participants upped their dedication to the retirement savings plans in 2012.

• DB plans outperformed DC plans in 2011

  By Paula Aven Gladych  |  May 22, 2013

  Defined benefit pension plans outperformed 401(k) plans by a wide margin in 2011.