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Despite the ups and downs of the labor market, one thing has held steady: employees’ commitment to funding their retirement accounts.
Fidelity revealed record rates of retirement savings during 2021 in their latest trend report. Their data showed that the average 401(k) account balance was a record high of $130,700, and 40% of savers actually increased their account contributions last year.
Alyssa Place is the editor-in-chief of Employee Benefit News and has been with the team since 2019. Her work covers mental health, DEI, women at work, financial wellness, retirement and workplace … Read full bio
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Workers estimate they’ll need over $5K in monthly retirement income, but many have no clear strategy for turning savings and investments into a steady paycheck.
Leaders from Equifax, Bartaco and Children’s Health gathered in Las Vegas to share their insights and best practices at EBN’s Benefits at Work conference.
Leading benefits professionals — and EBN Excellence in Benefits award winners — share how they are contending with rising health plan expenses.
September is Self-care Awareness Month — a great time to promote offerings that help employees be proactive with their health and wellness, finances and career.
New JD Power research finds employees with better retirement plan apps are more engaged, more likely to consolidate assets and more likely to stay invested.
