PROTECTING WHO YOU ARE Products address identity—one of the most precious possessions a person has By Len Strazewski It’s not terrifying until it happens to you. The Internal Revenue Service tells you that your return was filed months ago, and your refund was paid to someone pretending to be you. Or you receive a credit card bill from an account you never opened, right up to the limit of the
Benefits & Financial Services
BUILDING A LIFETIME INCOME IN A DC RETIREMENT PLAN Lincoln Financial sees a bright future for in-plan annuities By Thomas A. McCoy, CLU Last July, Lincoln Financial Group (LFG) introduced a new guaranteed income product for defined contribution (DC) retirement plans. The timing appears to have been good. At about the same time, LFG released the results of research it conducted that showed that more than 70% of workers across
Benefits Products & Services By Thomas A. McCoy, CLU THE STATE OF EMPLOYEE WELLNESS A stress-filled year highlights the need for solutions Long after we stop having to wear face masks in the workplace, we may look back on 2020 as a time when employee wellness programs became mainstream. The interrelationship of employees’ financial, emotional and physical needs—all of which can be addressed in wellness programs—has become more evident through
BENEFITS OUTLOOK 2021 Changes expected as employers, employees deal with pandemic-related and other concerns By Len Strazewski Teetering on the edge of elimination for the past four years, the Affordable Care Act is likely to be not only rescued but expanded in a Joe Biden administration; and with greater attention paid to health issues post COVID-19 pandemic, employee health benefits may be entering their most complicated era of evolution. President-elect
BENEFITS PLANNERS ADJUST TO A CHANGED WORKPLACE Open enrollment from a distance; key products draw renewed interest By Thomas A. McCoy, CPCU This year’s benefits enrollment season is characterized by changes in the way employees are making their benefits choices—fewer face-to-face meetings—and possibly in the choices they make, shaped by this year’s health crisis. Benefits providers are expanding their online enrollment capabilities and broadening their products and services to meet
