‘Any downturn’ in economy could affect workers’ retirement savings: report
By
Kathleen Steele Gaivin
Sep 05, 2024
Labor force participation is improving, but a downturn in the economy could have significant implications for workers’ retirements, according to a report from the Employee Benefit Research Institute.
Willow Valley Communities, Acts–Retirement Life Communities to end partnership
By
Kathleen Steele Gaivin
Sep 04, 2024
More than two years after forging a strategic alliance, Willow Valley Communities and Acts–Retirement Life Communities are parting ways.
Within days of finalizing changes to its ratings criteria for not-for-profit continuing care retirement / life plan communities to better reflect the risk profile for rated communities, Fitch Ratings on...
Access to skilled care care approaching crisis levels
By
Kathleen Steele Gaivin
Aug 23, 2024
Families are facing fewer care options and delays in securing care for their elders, according to the 2024 Access to Care report from the American Health Care Association.
Partisan policies on student loan debt could affect financial security in retirement: report
By
Kathleen Steele Gaivin
Aug 20, 2024
An updated report from Schwartz Center for Economic Policy Analysis examines how political differences heading into the presidential election may affect policies on student debt.
Fannie Mae asks court to appoint receiver for $28.3 million in back payments from senior living investors
By
Kathleen Steele Gaivin
Aug 16, 2024
Fannie Mae claims that investors defaulted on three months of payments totaling $28.3 million on behalf of three properties in North Carolina.
Fed chair signals possible rate cut ahead of September meeting
By
Kathleen Steele Gaivin
Aug 26, 2024
Lower federal interest rates could be coming as soon as next month, although Federal Reserve Chair Jerome Powell declined to commit to an exact date when speaking Friday at an economic symposium in Jackson...
Soaring material prices and interest rates driving up construction costs: report
By
Kathleen Steele Gaivin
Aug 23, 2024
Costly materials and high interest rates are impacting senior living construction projects nationwide, according to a recent analysis from consulting company Plante Moran.
Employers can match student loan payments as contributions to retirement plan, IRS says
By
Kathleen Steele Gaivin
Aug 21, 2024
The IRS on Monday issued interim guidance for employers who opt to make matching contributions to retirement plans on eligible student loan payments made by their participating employees.
New updates to OSHA’s Hazard Communication Standard in effect
By
Kathleen Steele Gaivin
Aug 22, 2024
Updates to the Occupational Health and Safety Administration’s Hazard Communication Standard (HazCom) went into effect last month, with a compliance deadline set for 2026.