Views on Health Coverage and Retirement: More than half of all workers say they intend to work longer than they would like in order to keep their health insurance at work, according to new research by EBRI. But less than 1 in 5 retirees say they were able to work longer to continue receiving health insurance through their jobs. Press release.
Tax Preferences and Mandates: A recent study found that tax incentives for retirement savings in Denmark had virtually no impact on increasing total savings But are those findings relevant to the United States? Maybe not, according to a new report by EBRI. Press release.
2012 Health Confidence Survey: What if Congress decides to start taxing workers’ health benefits as a means to raise revenue as part of an effort to rein in the federal deficit? More than half of American workers would either switch to a less costly plan, shop around, or drop coverage, according to new research from EBRI. Press release.
Employee Tenure: Americans who have jobs are staying in them longer as overall job tenure in the United States ticked up in 2012, but U.S. job tenure is still shorter than many assume. The median (mid-point) length of time on the job for American workers in 2012 is just 5.4 years, according to new research from EBRI. Press release.
Self-Insured Health Plans: Large private-sector employers are driving a trend toward more “self-insured” health plans, according to a new report by EBRI.
Retirement Readiness: Among those who are likely to miss their retirement savings goal, how many will be close? And how many will miss it by a mile? According to a new report by EBRI, nearly half of Generation X households will have enough to cover basic retirement costs, and about a third will fall short—but not by much. About 20 percent are likely to be far off-target.
Health savings: Projections for how much elderly Americans need to save for out-of-pocket health care in retirement have edged lower, due to a provision the federal health reform law that will cover more of their prescription drug costs, according to a new report by EBRI. Press release.
IRAs: The investment allocation of individual retirement accounts (IRAs) varies by a variety of factors, but the asset allocation differences between genders was minimal, according to a new report by EBRI. Press release.