Monthly Archives: May 2011

Nonqualified Deferred Compensation Plans: Save your key exec’s 401ks

Sinking 401k values are a large concern to key executives … and the companies seeking to hold on to their valuable people. Many are turning to nonqualified deferred compensation plans to offer alternative routes for retirement saving, even if the … Continue reading

Posted in Executive Benefits, News & Updates, Non Qualified Retirement Plans, Retirement, Retirement Plans | Leave a comment

Medicare Bankrupt by 2024, Say Trustees

This week, the Medicare trustees issued their report on the state of Medicare now and in the future. The bad news? They are now predicting the fund, which is actually a large trust, will bankrupt itself by 2024. The rising … Continue reading

Posted in Health, Health & Welfare, Health Reform, News & Updates, Retirement | Leave a comment

Is your 401k “Leaking?”

Plansponsor highlights a critical issue facing our 401k accounts: too much borrowing. Now, legislators in Florida want to shore up 401k’s with “SEAL” legislation. SEAL aims to provide flexibility to loan repayment hardship tax rules and limit 401(k) loan practices that … Continue reading

Posted in Executive Benefits, News & Updates, Non Qualified Retirement Plans, Qualified Retirement Plans, Retirement | Leave a comment

Health Risk Assessments Enforceable by Law

Employers can charge higher premiums if employees do not complete health screenings Employers desiring to charge higher health insurance premiums to employees who do not complete health screenings received a boost recently from a federal court, says insurance broker Lockton … Continue reading

Posted in Health, Health & Welfare, Health Reform, News & Updates | Leave a comment

Legislative Roundup – May 9

Lockton’s Compliance Services department regularly supplies pointed summaries of relevant healthcare information. This week’s focuses on the Medicare overhaul, budget plans, and abortion funding questions. Find the complete update here, and feel free to ask questions in the comments section here. … Continue reading

Posted in Health & Welfare, Health Reform, News & Updates | Leave a comment

Do You Support Retiring Execs?

The days of your firm “taking care of you” in retirement may be long-gone, at least according to a recent Transamerica Retirement survey. The company found 80 percent of those responding did not feel prepared to make important financial decisions … Continue reading

Posted in Estate Planning, Executive Benefits, Non Qualified Retirement Plans, Qualified Retirement Plans, Retirement, Retirement Plans | Leave a comment

Prioritizing cost vs. prevention

<blockquote>Which is more important? The cost of your medical care, or spending money to prevent illness. Is there a distinction between these two? These are some of the questions asked in a recent study from RAND health. It’s worth looking … Continue reading

Posted in Health, Health & Welfare, Health Reform, News & Updates | Leave a comment

Five Issues Your Clients Need Help With

Thanks to Planadviser for this reminder of some of the nuances of launching a successful benefits practice in your business.  – Eric Panelists at the Virtual PLANADVISER National Conference discussed ways advisers should reconnect with plan sponsors and sweep away … Continue reading

Posted in Estate Planning, Executive Benefits, Non Qualified Retirement Plans, Qualified Retirement Plans, Retirement, Retirement Plans | Leave a comment

(Perscription) Drugs in America

Health care debates continue to center around the role of the pharmaceutical industry & prescription drugs in cost of care. With consumer driven health plans growing in popularity, will consumption of “unnecessary” but costly prescriptions go down? Or, do we … Continue reading

Posted in Health, Health & Welfare, Health Reform, News & Updates | Leave a comment

First Quarter Financial Reports

As the first quarter of 2011 comes to a close, numbers are lower than expected, but economists are uncertain as to whether this is indicative of a larger trend. Some say the market has been thrown off by just a … Continue reading

Posted in News & Updates | Leave a comment