Around half of Gen Z and millennial workers who are offered an health savings account by their employer are using it to save for future health care costs in retirement, says a survey.
Since many higher education institutions can’t compete with the desire for employees to work completely remotely, 90% of them said a DC plan is key and half of the colleges and universities have added or increased employer match.
Plan sponsors, their members, and benefits advisors were given new resources and options for 2023 benefits planning with Congress’s passage of the omnibus spending bill in late December.
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