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Collective investment trusts: House bill advances to allow lower-cost funds in 403(b)s
The House Financial Services Committee approved a bill that would permit CITs in all 403(b) plans to grant access to these lower-cost funds for nonprofit employees and public workers.
Employees choosing virtual 401(k) education sessions at record levels
Virtual meetings made up 80% of the sessions that Schwab offered in 2022 and, post session, more than 90% of participants agreed they felt prepared to take the next step in their financial journey,
Target date funds: Plan sponsors adopting the lower-cost options for long-term investments
Driven by lower fees, plan sponsors often choose collective investment trusts (CITs) as the preferred vehicle for target date funds over mutual funds, according to Morningstar.
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Learn how digital health can help close the gender gap in heart attack care.
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Traditional health plans fail to hit the mark for employers and employees alike, with few employees actually benefiting, out-of-control prices, low perceived value and low satisfaction. Download this eBook and learn how you can help your clients enjoy new options in the health benefits landscape.
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