News

The federal government is increasing their 2026 Medicare subsidy payments, a lot, because of the health cost surge.

The average for a funded account created in 2004 is almost $30,000.

The requirements would apply to employer-sponsored health plans as well as other types of coverage.

Plan sponsors need to have flexibility to design and administer retirement plans to best serve their workforces, say the ERISA Industry Committee and the American Institute of CPAs.

Undue Medical Debt, which buys patient debt, is retiring $30 billion worth of unpaid bills in a single transaction with Pendrick Capital Partners, a Virginia-based debt trading company.

The class action lawsuit filed by employees who alleged they were shorted on pension payments, was originally dismissed after plaintiffs missed the 3-year deadline to file a fiduciary claim, however, the Labor Department came to the workers’ defense.