New Jersey group health, life, medical and disability insurance plans plus HSA, HRA, small business, 401k and employee benefits consulting - Goodliffe Associates
A report covering health care plan design and legislative changes                   Volume 50, Number 5

In This Issue

Workers Remain Confident About Retirement, But Are They Ready?

Improved Health Care Efficiency And Price Transparency Are Priorities For Consumers

The responses of hospital and insurance executives revealed that nearly a third of every dollar patients spend on health care goes to pay for administration associated with health care claims and billing accounts.

Couples' Financial Priorities Shift With Age And Income

Respondents between the ages of 18 and 34 are more likely to discuss spending habits, savings, debt, budgets, and financial responsibilities.

Younger Workers Lack Awareness Of Tax-Advantaged Savings Opportunities

Just 4% of younger workers reported making the maximum allowable contribution to their 401(k) plan in 2006, and just 16% said they contributed enough to get the full employer match.

The information contained in this newsletter is for general use, and while we believe all information to be reliable and accurate, it is important to remember individual situations may be entirely different. The information provided is not written or intended as tax or legal advice and may not be relied on for purposes of avoiding any federal tax penalties. Individuals are encouraged to seek advice from their own tax or legal counsel. This newsletter is published by Liberty Publishing, Inc., Beverly, MA. Copyright 2007 Liberty Publishing, Inc. All rights reserved.

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