Benefits news you may have missed: Feb. 15-19

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Employees’ retirement savings hit record highs: Despite economic uncertainty and financial stress caused by COVID-19, employees are contributing to their retirement accounts at a record pace—and their balances have hit a high too. The average quarterly savings rate for 403(b) accounts was 7.3% while the savings rate for 401(k) accounts reached 9.1%, both record levels, according to new figures from Fidelity Investments. Read more here.

Why many employers are turning to incentives to boost vaccination rates: More employers are offering incentives to encourage workers to get vaccinated against COVID-19, as industry experts say enticements can be a powerful tool to boost

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