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

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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

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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

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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

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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

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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

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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

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