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Nearly Double-Digit Increases Projected for 2024 Health Care Costs

WEBWhat impact will these changes have on saving for retirement? The study doesn’t address that, but Farheen Dam, North American Health Solutions leader at Aon, …

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URL: https://www.napa-net.org/news-info/daily-news/nearly-double-digit-increases-projected-2024-health-care-costs

IRS Announces 2022 HSA Limits

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

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Workplace Health Insurance Costs Up Sharply National …

WEBConsequently, the average cost per employee among all U.S. employer health plan sponsors with 50 or more employees now stands at $14,542. While …

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2023 HSA Limits Announced National Association of Plan Advisors

WEBThe IRS has announced the health savings account limits for 2023. The announcement came in Revenue Procedure 2022-24, dated April 29. HSA Limits. 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 to on a personal and professional level, but new research suggests that it’s simply not …

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Here’s How Much a Retiring Couple Will Need for Health Expenses

WEBFidelity Investments has estimated the total amount a 65-year-old couple retiring this year can expect to spend on health care and medical expenses in …

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How Overspending on Health Care Can Affect Retirement Readiness

WEBWith more workers focused on their financial security due to the pandemic, a new white paper contends that biases toward certain health plans can lead to …

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House Legislation Would Expand HSAs

WEBConsider the possibilities. According to data by Devenir, HSAs grew to nearly $100 billion in assets and were held in almost 34 million accounts—a year-over-year …

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Health Care Cost Worries Threaten Retirement Dreams for Many

WEBAdditionally, adults may be underestimating the need for health care specialists in retirements, and that may impact health care costs in retirement. …

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Retiree Health Care Cost Projections on the Rise (Again)

WEBOverall, as of 2021, Medicare covered 61% of the cost of health care services for Medicare beneficiaries ages 65 and older, while out-of-pocket spending …

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Voya Unveils New Enhancements to Employee Wellness Platform

WEBVoya Financial recently announced the launch of its new employee homepage dashboard, offering data-driven personalized insights to help inform …

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Schlichter Widens Net for Fiduciary Claims National Association …

WEBThat next wave of fiduciary litigation seems to be expanding, based on social media outreach by the law firm of Schlichter Bogard. The litigation’s basis is found in the …

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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 …

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THE OFFICIAL MAGAZINE OF THE NAPAnet NATIONAL …

WEBNAPAnet the magazine THE OFFICIAL MAGAZINE OF THE NATIONAL ASSOCIATION OF PLAN ADVISORS summer 2014 • NAPA-NET.ORG Powered by ASPPA Young …

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How Americans’ Definition of Financial Health Differs

WEBWhile financial health is an important goal for most employees, new survey results show that the term doesn’t have a universal meaning and is defined broadly …

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Settlement Struck in Wellness Program Lawsuit

WEBThe $1.29 million settlement ( Lisa Kwesell et al. v. Yale University, case number 3:19-cv-10980, in the U.S. District Court for the District of Connecticut) has a …

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UNITED STATES DISTRICT COURT DISTRICT OF …

WEB1 INTRODUCTION Plaintiffs Michael Chechile and Sonia Lopez (“Plaintiffs”) submit this Memorandum in support of their Motion for Preliminary Approval of their class action …

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UNITED STATES DISTRICT COURT DISTRICT OF …

WEB2 ordered that the Parties submit a status report no later than February 17, 2023.2 (ECF. No. 11.) 3. On February 10, 2023, the Parties mediated before a private mediator and …

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Advisors (“NAPA”), the National Tax College of Pension Actua

WEBthat the Proposal permit employers to choose a payroll deduction IRA or qualified plan from the marketplace. ARA’s second area of concern is the Proposal’s eligibility conditions, …

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Millennials and Gen Xers More Likely to Feel the Impact of COVID-19

WEBA new survey reveals that Millennials and Gen Xers are more likely than Boomers to feel the impact of COVID-19 on certain aspects of their financial health, but …

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In the United States Court of Appeals

WEB2 No. 18‐1558 1 OQUENDO, CHRIS TANG, NEW YORK UNIVERSITY SCHOOL OF 2 MEDICINE, NYU LANGONE HOSPITALS, NYU LANGONE HEALTH 3 SYSTEM, 4 …

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Participant Files ERISA Healthcare Fiduciary Suit Against Employer

WEBWhat may be the first case of an employee alleging a fiduciary breach by their employer’s health care practices has just been filed. Johnson & Johnson has been sued …

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