Financial literacy

Education offerings, student debt repayment programs and helping employees with short-term money issues will be big employer priorities this year.

Financial Finesse and the Global Retirement Partners Advisor Alliance are two years into a program that now reaches more than 500 employers, including New York’s finest.

Understanding participant needs means having the courage to directly ask what topics are the most pressing, and then address them.

Understanding participant needs means having the courage to directly ask what topics are the most pressing, and then address them.

Employers who teach workers about money matters can profit from increased employee satisfaction and productivity levels.

Employers who teach workers about money matters can profit from increased employee satisfaction and productivity levels.

After noticing that workers were borrowing against their 401(k)s, the insurer launched a fiscal wellbeing program to address their money woes.

After noticing that workers were borrowing against their 401(k)s, the insurer launched a fiscal wellbeing program to address their money woes.

Experts say plan sponsors should educate workers about the retirement program and explain how it can help them for prepare for post-work years.

The Employer Participation in Student Loan Assistance Act provides incentives for organizations trying to help workers with school debt.