Millennials, Gen X struggle with the same financial wellness issues
Credit card debt, student loans and meager savings are plaguing workers—and employers need to help them get back on track.
Financial planning
Why technology is key to financial wellness success
Benefits Technology Innovator Dean Harris says iGrad’s online literacy platform helps employees through a personalized and self-guided approach without exposing their personal information to their employer.
Why technology is key to financial wellness success
EBN Benefits Technology Innovator Dean Harris says iGrad’s online literacy platform helps employees through a personalized and self-guided approach without exposing their personal information to their employer.
Most Americans fail to understand basic retirement concepts
The majority of respondents to a Fidelity Investments survey misidentified the greatest expense after leaving the workforce.
Benefits Think Automatic cash-outs undermine efforts to enhance financial wellness
Plan sponsors need to improve employees' well-being by actively encouraging roll-ins.
Spencer Williams
Portability Services Network and Retirement Clearinghouse
401(k) savings ‘isn’t enough’ for financial security
Wellness programs are key to helping employees change money behaviors that are negatively impacting their ability to save for retirement.
Millennials, Gen X struggle with the same financial wellness issues
Credit card debt, student loans and meager savings are plaguing workers—and employers need to help them get back on track.
Benefits Think Automatic cash-outs undermine efforts to enhance financial wellness
Plan sponsors need to improve employees’ well-being by actively encouraging plan roll-ins.
Spencer Williams
Portability Services Network and Retirement Clearinghouse
More employers offering financial wellness benefits
Programs are becoming more comprehensive, with more companies focusing on fiscal programs while continuing to address physical and emotional wellness.
New legislation could be a boon to debt assistance benefits
The Employer Participation in Repayment Act would give employers a tax break for providing employees up to $5,250 a year for education loans.
401(k) savings ‘isn’t enough’ for financial security
Wellness programs are key to helping employees change money behaviors that are negatively impacting their ability to save for retirement.
More employers offering financial wellness benefits
Programs are becoming more comprehensive, with more companies focusing on fiscal programs while continuing to address physical and emotional wellness.
Benefits Think Could housing investment opportunities better motivate employees to save?
Workers want more diversified options for how to spend money traditionally accumulated in workplace retirement accounts, a study by financial services group Alexander Forbes finds.
Pravin Thakur
MDRT South African Committee
Advisers seek innovative ways to increase retirement savings
One example, an automated method of plan portability, could allow participants to move their savings from one employer to another without having to manually transfer the funds.
How brokers can retain clients past retirement
Young advisers can diversify their services through better knowledge of the Medicare landscape and a stronger focus on HSAs.
Benefits Think Could housing investment opportunities better motivate employees to save?
Workers want more diversified options for how to spend money traditionally accumulated in workplace retirement accounts, a South African study by financial services group Alexander Forbes finds.
Pravin Thakur
MDRT South African Committee
Employees struggling with financial literacy
A new study finds that workers struggle with expenses, making it “critically important” for employers to provide financial wellness and education.
Employees struggling with financial literacy
A new study finds that workers struggle with expenses, making it “critically important” for employers to provide financial wellness and education.
Benefits Think Student loan anxiety taking a toll on the workplace
In polling employees, a company discovers debt is holding them back from enrolling in other critical benefits, such as retirement.
Emeka Oguh
PeopleJoy
Benefits Think Student loan anxiety taking a toll on the workplace
In polling employees, a company discovers debt is holding them back from enrolling in other critical benefits, such as retirement.
Emeka Oguh
PeopleJoy