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Margarida Correia is a former associate editor of the Employee Benefits Group and of Bank Investment Consultant.
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The U.S. fell three spots to 24th in a global retirement ranking, highlighting growing pressure on employers to help workers save and plan for rising costs.
With the majority of employees living paycheck to paycheck, faster access to wages can give them a better shot at building financial security.
Expansion of savings vehicles, along with the largest transfer of wealth in U.S. history, bodes well for plan participants as advisers shift to offering ongoing financial guidance.
If wealth management clients have children who are recent college graduates, pointing them in the right direction on their first 401(k)s helps build strong connections with two generations.
Senior Living Communities partnered with Chime to build a comprehensive financial wellness program that increased active savers by 142%.
