Asppa.org

Retiree Health Accounts Under Section 401(h)

WEBRecently, many of our colleagues have received inquiries about “401(h) plans.” A 401(h) is not a type of plan but rather an ancillary benefit of a defined benefit …

Actived: 3 days ago

URL: https://www.asppa.org/news/browse-topics/retiree-health-accounts-under-section-401h

Ways & Means Moves on HSAs

WEBWith concerns about healthcare costs looming large for American workers, a key congressional committee just took a major step to boost health savings accounts.

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HSA Investment Assets up 52% in 2020

WEBAt year-end 2020, HSA assets stood at $82.2 billion in slightly more than 30 million accounts, which was a year-over-year increase of 25% for assets and 6% for …

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House Lawmakers Approve Legislation to Dramatically Expand …

WEBIn a move that would allow more individuals to save more for their health care expenses in retirement, the House Ways and Means Committee on Sept. 28 approved …

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IRS Announces 2022 HSA Limits AMERICAN SOCIETY OF …

WEBThe IRS has announced the health savings account (HSA) limits for 2022. The announcement came in IRS Revenue Procedure 2021-25 . HSA Limits. For …

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IRS Announces 2023 HSA Limits AMERICAN SOCIETY OF …

WEBThe IRS has announced the health savings account (HSA) limits for 2023. The announcement came in IRS Revenue Procedure 2022-24 . HSA Limits. For …

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Financial Wellness Seen Increasingly as Key Workplace Benefit

WEBAs their sense of responsibility grows in supporting the financial needs of their workforce, employers apparently are offering more robust and wide-ranging …

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Most Americans See Room to Improve Financial Wellness in 2023

WEBAmid a year filled with economic turmoil and a holiday season racking up credit card bills, Americans considering financial resolutions in the New Year are in good …

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A New Perspective on Planning for Health Care Costs in Retirement

WEBEstimates showing astronomical health care costs in retirement can be quite intimidating, giving the impression health care will be unaffordable in retirement. But a …

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How the Health Care Industry Views Retirement Plan Issues

WEBGiven the outsized impact the pandemic has had on the health care sector, it’s not surprising that employee benefits have taken center stage to help address …

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What Are the Top 2021 Employee Benefit Trends

WEBBased on conversations with thousands of employers, surveys and internal data, Fidelity has shared what it views as some of the top employee benefit trends for …

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Why It’s Critical for Employees to Understand Their Benefits …

WEBBenefits play a major role in the employee experience, as most can attest on a personal and professional level, but new research suggests that it’s simply not enough …

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Alaska Senate Bill Would Increase Public Employee Retirement …

WEBThe Alaska Senate is considering a measure that would give certain employees who participate in the Public Employees' Retirement System of Alaska and …

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Four Steps to Strengthen Workforce Financial Wellness

WEBMore than a year into the COVID-19 pandemic, finances continue to be a top cause of employee stress, even above job, health and relationship stress combined.

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Most HSA Account Holders Using Them for Spending

WEBAccount holders apparently are still using their HSAs for health care spending instead of taking full advantage of saving and investing their accounts for …

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Key SECURE 2.0 Act Provisions and Effective Dates

WEBBelow is a table providing descriptions and effective dates for the key provisions contained in the SECURE 2.0 Act of 2022, which was enacted Dec. 29, 2022, …

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Fiduciary Responsibilities for Non-ERISA Governmental Plans — …

WEBThis article originally appeared in the Spring 2015 issue of Plan Consultant.To view a PDF version, please click here.. This article is the last in a three-part series …

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Determining Life Expectancy: Not Just for Actuaries

WEBThere are additional approaches Reddy cited, as well: Top Down: Collect large amounts of data from similar pension plans; average out experience and apply to …

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Dealing with Required Minimum Distributions How to Make …

WEBScenario 1 Scenario 2 One Distribution Each Year Two Distributions Second Year. 1st Year Distribution Age 70 3.65% of $300,000, or $10,950 Tax Bracket 31%. …

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HOW THE CASE STUDY PORTION OF WORKSHOP 21 WILL …

WEB1726943 4 that the plan’s assets are up more than 15% for the year, compared to a 12% increase in the S & P 500 Index. This occurred in spite of having lost hundreds

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