Younger workers are notably behind other age groups, with only 17% having saved between $5,000 and $50,000 – and employers have a critical opportunity to address the retirement readiness gap, says a new study.
The list, which highlights first-in-class medications and vaccines, represents "meaningful steps forward" when it comes to weight loss, Alzheimer's, birth control and postpartum depression, as selected by GoodRx pharmacists.
Employers are implementing initiatives in these five areas: the high cost of living, retirement preparedness, health care costs, budgeting and money management, and daily living expenses, according to a new EBRI report.
The lawsuit, filed on behalf of UnitedHealth's 200,000 current and former employees, alleges CFO John Rex interfered with the company's decision to drop "one of the worst-performing target date options in the entire market."
The Cigna paper suggests that physicians, patients, and health plans tend to recognize the good aspects of VBC, but that change has been slow nonetheless in the private sector.
Shortly after the Biden Administration made a push for mental health care parity comes a report from the New York Attorney General that health insurers are failing to provide access to mental health care to consumers.
Despite consistent contribution levels, many participants have been increasingly tapping their retirement savings - and avoiding foreclosure and paying medical expenses were given as the top two reasons, says Fidelity.
The new legislation provides small employers with increased tax credits for new
plans and offers reductions on both start-up costs and administrative burdens, yet 2 in 3 small businesses don't offer 401(k)s, says a new survey.
DebugScreen: mobile
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{
"uri": "/2024/01/02/urgent-wake-up-call-60-of-gen-z-millennials-have-less-than-5k-in-retirement-savings/",
"title": "Urgent wake-up call: 60% of Gen Z, millennials have less than $5K in retirement savings",
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{
"uri": "/2023/12/27/the-9-most-influential-fda-approved-drugs-and-vaccines-of-2023/",
"title": "The 9 most influential FDA-approved drugs and vaccines of 2023",
"byline": "Scott Wooldridge",
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{
"uri": "/2023/12/24/high-concentration-of-health-care-insurance-markets-continues/",
"title": "High concentration of health care insurance markets continues",
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"prettyDate": "December 24, 2023",
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"summary": "The analysis said the consistently high levels of market concentration can be linked to consolidation of insurers through mergers and acquisition.",
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},
{
"uri": "/2023/12/20/prioritize-financial-wellness-programs-top-5-issues-employers-need-to-focus-on/",
"title": "Prioritize financial wellness programs: Top 5 issues employers need to focus on",
"byline": "Scott Wooldridge",
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"prettyDate": "December 20, 2023",
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"summary": "Employers are implementing initiatives in these five areas: the high cost of living, retirement preparedness, health care costs, budgeting and money management, and daily living expenses, according to a new EBRI report.",
"body": null
},
{
"uri": "/2023/12/18/unitedhealth-cfo-named-in-erisa-lawsuit-over-underperforming-401k-funds/",
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"byline": "Scott Wooldridge",
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"uri": "/2023/12/15/drug-makers-spend-millions-on-campaign-to-gain-support-of-u-s-physicians-for-weight-loss-drugs/",
"title": "Drugmaker spend millions on campaign to gain support of U.S. physicians for weight loss drugs",
"byline": "Scott Wooldridge",
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"prettyDate": "December 15, 2023",
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"summary": "Pharmaceutical payments to physicians have long raised questions of ethics and influence, but such payments are legal in the U.S.",
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{
"uri": "/2023/12/15/ny-cracking-down-on-insurers-ghost-providers-amid-mental-health-crisis/",
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"byline": "Scott Wooldridge",
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{
"uri": "/2023/12/14/troubling-401k-trend-raiding-retirement-savings-with-hardship-withdrawals/",
"title": "Troubling 401(k) trend: Raiding retirement savings with hardship withdrawals",
"byline": "Scott Wooldridge",
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"prettyDate": "December 14, 2023",
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"summary": "Despite consistent contribution levels, many participants have been increasingly tapping their retirement savings - and avoiding foreclosure and paying medical expenses were given as the top two reasons, says Fidelity.",
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{
"uri": "/2023/12/12/secure-2-0-could-help-small-businesses-but-many-are-still-unaware-of-the-incentives/",
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"byline": "Scott Wooldridge",
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"body": null
}
]
}
}
