Dallas Salisbury
Dallas Salisbury
employers expensive interface stuff systems together until
Until recently, it was an expensive and complicated thing to do because of the integration of systems that employers had to do. Now, most of these are put together with a Web-based interface and individuals are able to do most of the stuff themselves.
costs employer frequently generally less money
The administrative costs (of an employer plan) are frequently cheaper. It's generally going to cost you less money than an IRA.
database experience illustrate personal rely results risky shows
These results illustrate why it's often risky to rely on 'average' numbers, which are too often the only thing that's reported, ... The database shows that individuals' personal experience is often very different from the average.
boss cheap save ways
Tell your boss you're after a tax-effective way to save more. There are enough different options. And there are easy, cheap ways to do it.
affecting employers start
It would be if employers start to feel that what they've done is adversely affecting hiring, and secondly, that it is affecting retention.
coverage estimates health income increases insurance likelihood likely low population previous reported research uninsured
In general, an individual's likelihood of having health insurance coverage increases with income, ... The research reported here suggests that the uninsured population is more likely to be characterized by low income than previous estimates would have us believe.
easiest investment leave options
The easiest thing to do is leave (your savings) in the plan, ... If you like the investment options you have, you may want to leave it there.
concerned deal government help medicare needs public ready social truth
The American public needs help from the employers, help from the government to save. They're very concerned about not being told the truth about Medicare and Social Security. They're ready to deal with that truth.
benefit carrying caused companies cost defined element move relative structure
Carrying a very different cost structure than your competitors and having an element of unpredictability relative to competitors has caused many companies to move away from defined benefit plans.
ahead avoid deal decades fact feeling great justify lottery offers people quickly realizing seem sure taking winning
I think many people end up taking buyout offers quickly because $100,000 (or some other lump-sum payment) can seem like a great deal of money, only to end up realizing after the fact that it wasn't enough to justify leaving. People need to avoid the wide-eyed feeling of I'm winning the lottery and make sure they think about if I am 50 I still got decades ahead of me.
ability changes component greater happen online plan
I think it will (lead to greater participation). The component that will make that happen will be the ability to enroll in the plan online and make changes in enrollment status.
benefits companies maintained moving track
Even the granddad companies that maintained these benefits are on a track moving away from it.
benefit companies defined fact fan financial literacy offset people positive provide save silver start
I am an extraordinary fan of defined benefit plans, but the world has in fact dramatically changed. If the offset is that companies start aggressively encouraging people to save and provide financial literacy education, that may be a very positive silver lining.
cash chooses debt federal flows fund government money pay public raise security sell social today trust
What those Social Security cash flows are being used to do today is to pay down federal debt. If the government chooses to not use those trust fund dollars, if they do end up with a shortfall, then what they'll do is go into the public market, and sell debt to raise cash, and use the Social Security money to pay off other debt.