2015 will usher in an organic shift among employers toward devoting more mind share to retirement programs. “Employers can spend more time on retirement because they’re starting to figure out health care reform,” says Doug Fisher, senior vice president with Fidelity Investments.
As the DC plan becomes the primary retirement vehicle and employers address their health plans to mitigate the effects of the Cadillac tax, employers are bringing health and retirement together. “Employees have to make a health care decision, a health savings decision [with an HSA] and they have to make a retirement decision, and many of those decisions involve the same paycheck,” says Fisher. “It can be very confusing if you’re not providing the right tools and guidance to integrate those decisions.”
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