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.
Wealth management
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
Student loan forgiveness take two: A look at Biden’s ‘Plan B’
Will Sealy, CEO of Summer, discusses President Biden's new proposal, and whether student loan borrowers are likely to see federal relief.
Benefits Think Why emergency savings accounts are dominating Q4 benefit conversations
A new framework for retirement savings has emerged.
Rachel Fox
Sunny Day Fund
End-of-year checklist: Update your retirement contributions
Only a third of employees know if they're on track with their retirement savings.
Side gigs, higher drug prices and more financial strain: What’s new in retirement
Retirement is not a clear-cut undertaking for employees. Here's how to get more prepared.
Benefits Think Strategic HR planning for 2024: Trading severance packages for supplemental unemployment benefits
The shift to a SUB plan maximizes benefits while minimizing costs.
Lana Mellis
Transition Services
From rock star to golf reporter, the side gigs bringing retirees back to work
From teaching arts and crafts, to going on tour with a former rock band, these retirees are proving life doesn't end with a 9-to-5.
Benefits Think 3 questions to empower top talent through nonqualified deferred compensation plans
Holistic communication can help educate employees on how to make the most of their retirement plans.
Anthony Bunnell
Morgan Stanley at Work
EarnIn abolished $22 million in medical debt in Phoenix, Las Vegas and San Antonio
Medical debt affects 100 million Americans, totaling approximately $195 billion, according to KFF — here's how EarnIn wants to help.
Benefits Think The costs of retirement: How new requirements for long-term part-time employees will affect employers
Now is a good time for employers educate themselves on what this new retirement legislation means for their business.
Joni Andrioff
RSM
’25 is the new 55′: How to jump-start employees’ retirement savings early in their careers
New research from Buck reveals a disconnect between employers and employees around how effective their retirement benefits are.
Benefits Think How to use up FSA funds before the end of 2023
Improving workplace communication and resources can create a win-win scenario for employers and employees.
Brian Lacher
Mammoth Insurance Solutions
25% of Gen Z workers are supporting family members — and risking their own financial future
An expert from Vanguard explains why the youngest generation is so strained, and what employers can do to help.
Years after COVID, US retiree surplus is still near 2 million
Before the pandemic, the participation rate for workers age 65 and older reached 20.8% before dropping by July 2021.
Why women can’t afford to retire
A wage gap as soon as women enter the workforce — along with life-long financial hurdles like caregiving — prevent this demographic from prioritizing their long-term savings.
