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Retirement is a unique experience, for better or worse.
Whether employees have successfully saved for decades, or been sidelined by financial hurdles that make the possibility of retirement now obsolete, each individual is on their own personal journey. That extends to their interests once they reach retirement, too: For some employees, picking up a side gig after leaving the workforce helps them pad their savings, while keeping their interests fresh, or even allowing them to find new ones.
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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While the legislation's future is still unclear, there are many important things for leaders to know.
Transamerica Institute finds more middle-class workers expect to fund retirement through 401(k)s and other savings, but financial pressures could derail those plans.
The legislation calls on Congress to lower prescription drug costs, shift subsidies directly to consumers, and enforce strict price transparency.
Employees are facing rising financial stress, retirement savings gaps, and competing priorities but new financial wellness trends are emerging to help.
Engaging communication strategies will be key to getting employees interested in evaluating benefit options and making more informed decisions.
