Plan Participation News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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Top News In Plan Participation Today - Breaking & Trending Today

Retirement savers stay the course after rocky 2022 — with a little help from their employer

The good: Americans are saving for retirement at record rates driven in large measure by the growing number of employers automatically enrolling them in workplace 401(k) plans and workers automatically boosting the percentage they contribute each year. The bad: Account balances took a hit in recent years. ....

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Alternatives for Sponsors of Defined Benefit Pension Plans | Verrill

For decades, it was common for employers to maintain employer-funded defined benefit pension plans (“DB Plans” or “Plans”) to provide retirement benefits to their employees. In recent. ....

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Millennials doing well in Vermont overall, just not many | Vermont Business Magazine

Millennials doing well in Vermont overall, just not many | Vermont Business Magazine
vermontbiz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vermontbiz.com Daily Mail and Mail on Sunday newspapers.

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Secure Act 2.0 – Summary of Key Provisions | Kilpatrick Townsend & Stockton LLP

The House and Senate are moving forward on several versions of legislation, which are collectively known as the “Secure Act 2.0” because they would build off of the Secure Act, the last. ....

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Keeping Up With All The Changes | Sullivan & Worcester

The Latest: COBRA Subsidies and New COBRA Election Rights
COBRA subsidy – Similar to legislation adopted in 2009 in response to the Great Recession, ARPA includes provisions that provide for a 100% subsidy of COBRA group health plan premiums (including premiums for continuation coverage under state mini-COBRA statutes) for assistance eligible individuals (AEIs). AEIs are qualified beneficiaries who experience a COBRA election right in connection with an involuntary termination of employment or a reduction in hours and who are (or will be) receiving COBRA coverage at any point from April 1, 2021 through September 30, 2021 (the Subsidy Period). The premium subsidy is available for COBRA coverage during the entire Subsidy Period or, if earlier, until the AEI (i) loses COBRA coverage, (ii) becomes eligible for Medicare or (iii) becomes eligible for other group health plan coverage (but not including for this purpose excepted benefits or coverage under a qualified small emplo ....

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