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July 24, 2014
IRA contributions set record at Fidelity
For tax year 2013, the average contribution was $4,150 — a 5.7 percent increase from tax year 2012 and the highest it’s ever been. ... Full Story
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July 24, 2014
Open enrollment checklist for employers
Wrestling with the implications of the Patient Protection and Affordable Care Act could make the upcoming open enrollment period one of the most challenging in memory. ... Full Story
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July 24, 2014
Independent RIAs continue to threaten wirehouses
Wirehouses continue to lose assets to advisors in independent channels at a “slow but persistent pace.” ... Full Story
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July 24, 2014
Advisors in search of successors have new option
Pre-retirees have a new marketplace available where they can list their practices for sale. ... Full Story
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July 24, 2014
Employers face challenges over FLSA
A Congressional subcommittee hears testimony about FLSA concerns from SHRM. ... Full Story
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July 24, 2014
Undercover investigators score PPACA subsidies
Undercover investigators using fake identities were able to get health insurance and tax subsidies through the federal exchange under the Patient Protection and Affordable Care Act, underscoring ongoing problems and security issues plaguing the health care law, officials said Wednesday.... Full Story
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July 24, 2014
SEC adopts reforms to institutional money-market funds
The Securities and Exchange Commission today approved controversial reforms to institutional money-market funds that may affect how pension funds invest cash reserves.... Full Story
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July 24, 2014
PPACA extends dental coverage to more young people
Almost by chance, the Patient Protection and Affordable Care Act has led to more young people enjoying dental insurance.... Full Story
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July 24, 2014
Some states implement HSAs for Medicaid expansion
Some states are tinkering with the federal government’s Medicaid expansion program by using it to force new Medicaid patients to pay for and invest in their own health coverage.... Full Story
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July 24, 2014
MLR rule hands $330 million back to consumers
Health insurance companies will send out about $330 million in rebates to employers and individuals this summer under the medical loss ratio rule under the Patient Protection and Affordable Care Act, the U.S. Department of Health and Human Services said Thursday.... Full Story
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July 23, 2014
Retirement saving increased with auto-enroll
Plans with automatic enrollment saw their average participation rate increase 3.2 percent in 2013 from 81.4 percent in 2012. ... Full Story
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July 23, 2014
Fidelity reports 2014 first half sales, retention figures
With $1.4 trillion in defined contribution assets under administration, Fidelity increased the number of new client plans by 1,093. ... Full Story
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July 23, 2014
Average worker needs to save 15% to fund retirement
Middle-income families will require 71 percent of pre-retirement income to maintain living standards after they leave the workforce. ... Full Story
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July 23, 2014
Workplace, benefits satisfaction at 6-year low
Employees are increasingly unhappy with their workplaces and benefits packages, a new study from Unum finds. In fact, ratings are at their lowest levels since 2008. ... Full Story
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July 23, 2014
Goofing off or becoming more productive?
It’s always an uncomfortable moment when an employee is caught surfing the Internet for leisure during working hours. But thanks to new research, they can tell their boss they are not goofing off — they’re improving their productivity. ... Full Story
News from BenefitsPro

July 23, 2014
Women, low earners lag in employer matching funds
A higher percentage of women and of those earning less than $35,000 annually fail to take full advantage of matching funds in employer-sponsored retirement plans.... Full Story
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