Eighty-five percent of companies either currently use or plan to implement HIPAA-compliant AI features in their consumer directed healthcare accounts.

Per-employee spending for the other 90% has been flat since 2012.

Four million Americans will be turning 65 every year for the next four years, which is why employers need to communicate the in-service distribution option to employees, says Joseph Roop, president, Belmont Capital Advisors.

The Internal Revenue Service and the Department of the Treasury are requesting comments on this new SECURE 2.0 provision, which takes effect in 2027, that will provide low-income employees with an annual $1,000 match.