"It is concerning that some workers, especially Gen Z, are reducing their 401(k) contributions due to rising medical insurance premiums," said Kimberly Landry, research director at LIMRA.

Artificial intelligence led all reasons for job cuts for the third month in a row, with 38,579 announced cuts.

"As the backbone of our health care system, hospitals and health systems are committed to delivering high-quality, accessible, and affordable care in every community," AHA President and CEO Rick Pollack said.

Lifetime prices for the same drugs fell an average of 13% across 19 comparable high-income countries.

Target date funds (TDFs) have cemented their position as a core investment option in 401(k) plans by offering age-appropriate asset allocation, diversification, and automatic rebalancing.

The older workforce growth outpaces total employment growth — 17.3% since 2014 compared to 11.7% overall.

On the bright side, most retirees (79%) also say retirement is a time of freedom to pursue their passions/hobbies.

More than half of insurance brokers (56%) are now actively recommending or implementing ICHRAs.