Among the benefits offered to workers by their employers, health insurance and retirement savings rank higher than other deductions and incentives. In addition, 43 percent of working Americans trust their employers most for high-quality health care coverage compared with either the government (state or federal) or the individual health insurance market.
A survey by the American Benefits Council, titled Americans’ Views on Employee Benefits, finds that 27 percent of employees put “tax deferral on contributions to employer-sponsored retirement savings like a 401k to encourage retirement saving” as their first choice when asked to choose the most important tax benefit over the next 10 years.
Another 26 percent chose “tax-free employer-sponsored health insurance coverage to encourage companies to provide insurance to employees” as their first choice.
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
