U.S. financial literacy falls to lowest level in a decade

Published June 1, 2026 9:00 AM EDT 4 Min Read

Back view of brunette woman calculates utility expenses on laptop and calculator, engaged in online bill payments and financial documentation, concept of financial advice and remote work platforms. — Adobe Stock

Key Insight: Discover how declining financial literacy is shifting employer benefits and education strategies.
What’s at Stake: Retirement shortfalls and benefit misallocation risk rising without targeted financial education.
Forward Look: Expect targeted, life‑stage financial education and AI tools to reshape benefits delivery.
Source: Bullets generated by AI with editorial review

Americans’ financial literacy has dropped to its lowest point in 10 years, according to a new survey from the TIAA Institute.

Jimmy Nesbitt

Reporter

Jimmy Nesbitt is a reporter at Employee Benefit News, where he covers the evolving landscape of workplace benefits, healthcare, retirement, financial wellness and related policy issues. His career … Read full bio

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