Do you work for a company that comes with an active risk management policy? Do you consult with companies that manage risks or should? Are you in a benefit plan that may or may not manage risks? Then, this is for you perhaps. Much has been manufactured from risk management in recent years. Let’s focus on employee advantage programs, both executive and broad-based.
Most everyone out there will some sort of risk management in most of their welfare advantage plans. Their healthcare plans are often fully covered by insurance, or if not, they at least have some type of stop-loss insurance in place. And, year they know that they can boost the employee portion of cost-sharing next.
With respect to other welfare benefits, LTD plans tend to be fully insured, life insurance programs as well. Consider them, in practically all of these plans, employers are pooling their risks. Suppose we consider retirement plans. What a trendy topic to create about: risk. The word has been out for nearly 25 years now. Escape defined benefit plans.
Diligent readers (I’m sure I’ve at least one) will recall that I had written several weeks back that one DB programs (specifically cash balance) handled properly are less dangerous than 401(k) plans from the plan sponsor standpoint. Since no one commented on this, can I presume that everyone who read it decided with me?
- Non-control investments from as little as $2 million
- It was setup in 1963
- Manage your debts carefully
- US Individual Retirement Accounts