Market Insights

“Fear mongering” has driven people to claim benefits earlier because of loss of trust in the SSA, resulting in a large number of Americans claiming benefits while still employed, according to the Schwartz Center for Economic Policy Analysis. 

Deputy Secretary Keith Sonderling wrote in a LinkedIn post that the U.S. Department of Labor has released a report that “outlines how America will build the skilled workforce to drive a new era of economic prosperity.”

The good news? More than half of employers plan to expand caregiver benefits within the next three years.

As the group benefits market experiences continue to change, advisors must evolve into strategic innovators.

New research highlights that HR leaders play a crucial role in fostering trust and enhancing employee wellbeing, both essential components of a positive employee experience.

Twenty-two percent of employees said they know little about their available mental health benefits and 1 in 10 finds them too complex.