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62 Matching News Items

1.  John Bury in NJ.com Link to more items from this source
Aug. 3, 2008
Excerpt: Pensions will be the topic on Fox\Business tomorrow (Monday) morning at 8 a.m. when Bradley Belt, former executive director of the Pension Benefit Guaranty Corporation, will presumably discuss the dire situation with our country's pension system.
2.  Fox Business Link to more items from this source
May 22, 2012
"In highlighting the high cost of coverage for small businesses, the [National Federation of Independent Business (NFIB)] offered these solutions for lowering the cost health insurance: Defined contribution plans, Equal tax treatment in the individual market, Insurance portability, Interstate markets for health insurance, Malpractice reform."
3.  Fox Rothschild LLP Link to more items from this source
Jan. 19, 2021
"The goal of federal antitrust laws is to promote and protect competition in the marketplace for the benefit of the public. However, the insurance industry has been immunized from antitrust scrutiny for more than three-quarters of a century pursuant to a World War II-era statute. Signed into law by President Trump on January 13, 2021, the Competitive Health Insurance Reform Act of 2020 constitutes a major change by removing that immunity for the health insurance business."
4.  Fox Rothschild LLP Link to more items from this source
Jan. 25, 2017
"In the case of an ESOP 'light,' the goal of the pension plan is to favor only the owner. Other key employees are excluded from the plan by design. In other words, the plan is designed to favor only the owner and minimize benefits for all others. In doing so, the plan and its assets can be used for the primary purpose of 'buying out' the owner's interest in the company."
5.  Fox Business Link to more items from this source
Sept. 20, 2012
"The cost for workplace-based family health insurance rose by 4% in 2012, while wages climbed a mere 1.7%, according to a national survey of businesses released this week. The disparity between employer-sponsored coverage and salaries was even more dramatic when studied over a 10-year period ... Since 2002, premiums have leaped by 97%, far out-pacing the 33% growth in wages and the inflation rate of 38%."
6.  Fox Business Link to more items from this source
July 3, 2024
"Findings published by GoodRx ... show that the list price for prescription drugs has climbed about 37% since 2014.... In 2024 alone, Americans have spent $21 billion on out-of-pocket prescriptions. That amounts to about $16.26 per person[.]"
7.  Fox Business Link to more items from this source
Dec. 27, 2020
"Thanks to the CARES Act ... RMDs were waived for 2020. That allowed many seniors to reap tax savings at a difficult time. But RMDs will be back on the table in 2021. Now's the time to prepare for them to avoid getting caught off-guard."
8.  Fox Business Link to more items from this source
Dec. 24, 2020
"401(k)s aren't all created equal, and using a bad one to save for your retirement could make your job a lot more difficult. Different types of retirement accounts have different strengths and weaknesses, so it helps to have more than one. Here's a closer look at some of the ways you might be shortchanging yourself if you're only using a 401(k)."
9.  Fox Business Link to more items from this source
May 30, 2019
"About 54 percent of new grads said medical coverage is the top workplace benefit when it comes to looking for a job ... The respondents said paid time off was the second benefit they most desired, followed by student loan forgiveness ... Another 38 percent of young job seekers said working remotely was a work perk they looked for."
10.  Fox Business Link to more items from this source
May 20, 2019
"60% of 401(k) plans now offer auto-escalation ... [Assume] you earn the median household income in the United States ... Visualize that you never receive any raises, that your 401(k) doesn't have a match, and that you save 6% of your salary in it every year for 30 years at a 7% annual return ... At the end of 30 years, your nest egg is worth $372,183.... [If you] have auto-escalation built into your 401(k) ... your savings are worth $576,545 ... Part of that is the additional contributions from saving more each year toward your 401(k) ... But the larger part is thanks to the compounding of those extra savings."
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