The best benefits employees need to manage their finances in 2024
The CEO of Addition Wealth shares what's in store for employees' finances this year — and what it means for employers.
Financial planning
Understand SECURE 2.0’s student loan provision to help employees with debt
A new provision enables employers to contribute to a workplace 401(k) plan when an employee pays their student loan debt.
From Starbucks to cash cards, small perks can boost 401(k) enrollment
Retirement plan sponsors and advisers receive guidance from the IRS on how to legally incentivize plan participation.
Benefits Think The key role that student debt plays in employee financial well-being — and next steps for employers
Well-designed benefits packages can create relief and increase retention among those who are stressed over student loans.
Nick Maynard
Commonwealth
4 ways SECURE 2.0 will impact retirement in 2024
The retirement legislation has several new provisions that tackle student loan debt, emergency savings and retirement benefits for small businesses.
Raises won’t keep up with the cost of living in 2024
Resume Builder surveyed 600 business leaders about their companies' plans for raises in 2024.
US companies ramped up hiring in December, ADP data show
Recently released information points to increased optimism among policymakers about the path of inflation, noting "clear progress."
40% of student loan borrowers are missing payments. 3 ways employers can help
Aaron Smith, co-founder of Savi, shares how employers can help workers eliminate student loan debt.
Benefits Think Raising dependent care FSA limits would help manage child care costs
Data shows that the $5,000 annual tax limit does not cover the average price of one child in center-based infant care.
Christa Day
ECFC
Complete these 5 must-do work tasks before 2024
Financial and personal information deserve an update so employees can start the new year off strong.
At Manulife, pet parents save time, money with Airvet’s virtual vet visits
Lack of access and affordability to care has many pet owners stressed. A telehealth platform can help employers offer a solution.
10 retirement concerns that will shape 2024
Issues like Medicare increases and student loan relief will impact employees' ability to plan for their financial future.
US initial jobless claims tick up, remain near historic lows
Despite elevated interest rates, the economy has grown at a moderate pace this year as a resilient labor market helps underpin consumer spending.
10 states with the highest student loan debt
Degreechoices analyzed data from the Office of Federal Student Aid, ranking which states had the highest average student debt per borrower.
For Gen X, reality bites when it comes to retirement
Gen X workers have the biggest gap between their savings and what they think they need to save for retirement than any other generation in the workforce.
Benefits Think 4 misconceptions about health reimbursement arrangements
A tax-free, more personalized option can help attract and retain talent.
Jim Lord
ADP Insurance Services
Startups face grim holiday season as layoffs, closures mount
500 startups closed their doors this year, and over a quarter million tech employees were laid off.
Benefits Think 3 reasons to make financial education your business’ side-hustle
No matter where an employee is in their financial journey, educating them on options is beneficial to their well-being and your bottom line.
Kate Winget
Morgan Stanley at Work
Inflation could be headed back to the Fed’s 2% target
U.S. Treasury Secretary Janet Yellen believes the economy will be able to return inflation to the Federal Reserve's 2% goal.
Benefits Think BlackRock’s savings plan helps workers navigate financial crisis
The company's Emergency Savings Initiative has reached more than 10 million workers so far.
Timothy Flacke
Commonwealth