Waiting Period - Benefits Glossary

A period of time that an individual must wait either after becoming employed or submitting an application for a health care plan before the coverage becomes effective and claims may be paid. Premiums are not collected during this period.

Retirement readiness starts at work
Every year, 3.8 million people in the U.S. reach retirement age. How can plan sponsors help workers get ready? Offering a retirement readiness program that considers employees’ emotional, financial and healthcare needs can go a long way toward helping them prepare.
Where plan sponsors and recordkeepers stand on multi-factor authentication
We surveyed plan sponsors and 401(k) recordkeepers to determine how they are using multi-factor authentication (MFA) as a tactic for mitigating defined-contribution plan fraud and protecting sensitive participant and plan information. Here's what we found.
Benefits Glossary

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