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Downturn leads to rise in costly 401(k) loans by minorities
reflects the disproportionate impact of the recession on minorities, says Pam Hess, director of retirement research for Aon Hewitt, which co-sponsored the survey. In 2010, the unemployment rate was 16% for African Americans and 12.5% for
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Pulling funds from 401(k) may hurt later
by the Ariel Education Initiative and Aon Hewitt. Two-thirds of African Americans Novy, assistant general counsel at Aon Hewitt. In addition, most employees balances, according to the Ariel/ Aon Hewitt survey. The trouble with loans
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More U.S. employers tie health insurance to medical tests
according to a survey by consultants Aon Hewitt. Big-name participants include specific medical tests, according to the Aon Hewitt survey. And 5% of those tie Cathy Tripp, a senior vice president at Aon . Employers will still have to craft
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Sears Chief, Other CEOs Continue High-Flying WaysIt's good to be the king--or in this case, CEO of Sears. At the same time the troubled retailer is shutting stores and laying off "associates," it is paying $800,000 a year to waft Chief Executive Louis J. D'Ambrosio between Philadelphia, where he lives, and Chicago, where he works, by private jet.
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What effects the health care law has had and what's to come
businesses are eligible for federal tax credits if they offer insurance coverage to their workers. Health care costs. A study by Aon Hewitt estimates that the law raised costs by an average of 1.5% in 2011. Projection for 2012: 0.6%. Effective in 2014
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Why say 'I do' to wedding insurance
both Travelers Insurance (31%) and WedSafe, a unit of Aon , (38%) fell under vendor or venue mishaps. While the WedSafe has seen a 60% jump in policy sales since 2007, says Aon Vice President Steven Lauro, and Travelers has also seen steady
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Out-of-network costs up as insurers tie payment to Medicare
Every carrier is moving to this," says Ken Sperling, global health care practice leader at the benefit consulting firm Aon Hewitt. Many employers welcome the change as a way to slow rising premiums, but some "employees are going to get stuck shouldering
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Most companies restore 401(k) contributions
to get the full company match, says Aon Hewitt. Employees who don't contribute then education and medical bills, says Aon Hewitt. Not only do hardship withdrawals director of retirement research at Aon Hewitt. •Finances. Some workers
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Employee health insurance cost rising again
look at the cost of adding a spouse to their plans, says Craig Rosenberg, national practice leader for consulting firm Aon Hewitt. If your company has added a surcharge, it may be cheaper for both spouses to use their own employer's coverage
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Employees' health insurance costs going up again
look at the cost of adding a spouse to their plans, says Craig Rosenberg, national practice leader for consulting firm Aon Hewitt. If your company has added a surcharge, it may be cheaper for both spouses to use their own employer's coverage
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401k Planning: Tips to Keep Your Retirement Plan on Trackretiree healthcare expenses rose by 4.2 percent in 2010, and they have gone up by 56 percent since 2002. Another study by Aon Hewitt found that in the past 10 years health care premiums have doubled and the employee's share of medical costs have tripled
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9/11 Anniversary: Survivor Reflects on Escaping DeathCenter Sept. 11, 2001 . Only 18 survived. Crown was one of them. Crown was working for the financial services group of AON Insurance on the 100th floor of the South Tower when the North Tower was hit . After watching in horror as a fireball engulfed
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Top 10 Companies Hiring Most Now
Designer, Traffic Control Manager, Storage Team Manager, Structural Engineer, Production Manager and Transfer Driver AON , based in Chicago Number of jobs: 1,390+ Types of positions: Risk Management, Insurance Brokerage Services, Benefits
