Don't Miss

Healthcare: Plan Participants Struggle with Cost Increases

Healthcare: Plan Participants Struggle with Cost Increases. Rising healthcare costs are placing an additional burden on the shoulders of employees.   It is commonplace for a company’s employees to pay a significant portion of the cost associated with healthcare, healthcare insurance, and increased healthcare deductibles.

When healthcare costs increase at a pace where the expense cannot be offset by an employee’s compensation, the money for healthcare must come from another source.  In many cases, these healthcare-related expenses are paid with dollars that are being “diverted” from participant contributions to their-own self-funded retirement plan.

Steff Chalk

Steff Chalk

Managing Editor at 401kTV
Steff C. Chalk is Executive Director of The Retirement Advisor University, a collaboration with UCLA Anderson School of Management Executive Education. Steff also serves as Executive Director of The Plan Sponsor University and is current faculty of The Retirement Adviser University.
Steff Chalk
x

Check Also

Retirement Plan Leakage

Retirement Plan Leakage a Constant Concern for Plan Sponsors

Retirement Plan Leakage a Constant Concern Retirement Plan Leakage is a constant concern for plan sponsors and industry professionals.  When 403b plan and 401k plan participants make withdrawals from their tax-qualified plans prior to reaching their retirement age, the plan ...