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Julie Yusko, senior consultant at Portfolio Evaluations Inc., has been chosen as Employee Benefit Adviser’s Retirement Adviser of the Year.
Yusko has helped her clients navigate the challenges of COVID-19, especially when it comes to ensuring employees are continuing to save for retirement. While it’s tempting to want to make drastic changes to plans or accounts, Yusko advises retirement savers to “stay the course” in EBA’s new series, “60 seconds with…”
Employees are facing rising financial stress, retirement savings gaps, and competing priorities but new financial wellness trends are emerging to help.
Flat-fee plan pricing makes it easier to treat retirement benefits as part of a long-term business strategy rather than a variable expense that might change unexpectedly.
Cash-balance plans lead the way in groundswell of support for offering a more meaningful approach to generating retirement income for cash-strapped workers.
Even high-income employees are uncertain about where to put their next dollar, highlighting the need for workplace guidance on financial wellness.
New NFP research finds 72% of workers are behind on retirement as rising costs, competing priorities, and financial stress make saving harder.
