- Single Seniors Are Struggling To Retire
Women face the most financial challenges in retirement
Inflation and the current economic climate have put a financial strain on older Americans, and new data from American Advisors Group (AAG) shows that unmarried seniors are the most affected.
read more - 25 Groups Join to Advance a Better Measure for the Cost of Aging
Equity In Aging Collaborative will advocate for use of Elder Index to determine program eligibility
The National Council on Aging (NCOA), in collaboration with the Gerontology Institute at the University of Massachusetts Boston, is launching the Equity In Aging Collaborative—a coalition of 25 national and local organizations that will advocate for a better way to measure the true cost of living as Americans age.
read more - A No-Normal Retirement
Mapping new pathways to longevity
Americans planning for retirement face once-in-a-generation challenges presented by today’s persistent high inflation, market volatility, economic uncertainty, and pandemic-related health care concerns.
read more - Four Out Of Five Small Business View The Benefits Portfolio A Top Priority
On the heels of the pandemic, a renewed focus on culture & morale, attract & retain strategy and employee well-being
The last two years have had an impact on businesses of all sizes, and small businesses are no exception — in fact, nearly all small business owners surveyed (93%) have re-evaluated their strategy and plan to make changes to their business due to COVID-19, according to a new Small Business Owner Survey from Lincoln Financial…
read more - Mental Health Concerns Increase Substantially Among Americans Of All Backgrounds
Tracking the impact of pandemic on ages 18+; New technology and tools to meet demand for support
A recent CVS Health® (NYSE: CVS)/Morning Consult survey of Americans age 18+ found that mental health concerns are continuing to rise among individuals of all backgrounds, especially Black, age 65+, young adult, and LGBTQIA+ respondents.
read more - New Analysis Finds Exceptional Retirement Savings & Job Security For Employee-Owners
Data shows that the S ESOP model provide substantial added benefits
A new analysis by Ernst & Young (EY) finds that employee-owners of privately held businesses called "S corporations" (S ESOPs) benefit from far better retirement savings and job security compared with other U.S. workers.
read more - Third-Party Model Portfolio Use is on the Rise, but Barriers Remain for Widespread Adoption
Few new advisors are implementing the tool into their strategies
Despite industry expectations that third-party model portfolios will dominate strategies and play a significant role in decision making for advisors in the near future, few new advisors have actually adopted such tools over the past year.
read more - Making Sure No One Is Left Behind:
AmeriHealth Caritas Committed to Facilitating Access to the COVID-19 Vaccine for Americans in Greatest Need
AmeriHealth Caritas Committed to Facilitating Access to the COVID-19 Vaccine for Americans in Greatest Need Approach utilizes organization’s community relations expertise and cultural competency Philadelphia, Pa. — AmeriHealth Caritas, a national leader in Medicaid managed care and health care solutions for those most in need, is collaborating with its state, community, and provider partners to…
read more - Understanding The Able Act
Similar to a special-needs trust, it allows for qualified disability expenses
Early in 2014, Congress passed legislation creating special accounts for persons with disabilities known as the “Achieving a Better Life Experience” (who thinks of these names?).
read more - Despite Increased Advertising and Marketing, Consumers’ Brand Awareness of Life Insurers Remains Low
In search of 'consumer mindshare'
A new LIMRA study finds 1 in 4 adult Americans cannot name a single company that sells life insurance and a majority (56%) are unable to name three life insurance companies. As discouraging as this may sound, it does reflect an uptick in unaided awareness of life insurance brands among U.S. consumers (chart), compared to…
read more - LIMRA Establishes Data Exchange Standards for Non-Medical Workplace Benefits
A new standard for data-exchange
LIMRA today released the first set of data exchange standards focused on post-enrollment data for the employee benefits market.
read more - Santa’s Salary of $155,213 Out Earns Information System Managers And Top Executives
But you can't forget about the 'income value' of what Mrs. Claus does
by Jennifer Shelton, writing for Insure.com. Reprinted with permission. Read more here.
It looks like Santa has landed himself a permanent spot on the nice list. For the fourth consecutive year – Santa has received what we’ve all been asking for this Christmas: A raise!
read more - U.S. workers Gamble With Health Insurance Benefits
Half of workers will choose a high-deductible health plan, yet lack cash for out-of-pocket costs
Nearly half (49%) of U.S. workers plan to enroll in a high-deductible health plan (HDHP) for the 2020 benefit season, according to employee benefits provider Unum (NYSE: UNM). However, 41% don’t plan on meeting their deductible in 2019 and 39% found it difficult to pay for out-of-pocket costs not covered by their health insurance, especially…
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