Should your clients stop contributing to their 401(k) in a crisis?
Market volatility brought on by the coronavirus pandemic may present a great time to invest, as many stocks are being sold at bargain prices.
Wealth management
Here’s what to do if clients need to postpone retirement
By extending their working years, seniors can see an increase in their Social Security payouts.
What the CARES Act means for student loan benefits
“This student loan repayment benefit has the potential to mobilize American businesses both large and small to dramatically reduce the overall amount of student debt,” says Tuition.io CEO Scott Thompson.
Benefits Think During the coronavirus crisis, your employees need your help
There isn’t a better time than now to review your employee healthcare and wellness benefits.
David Kilby
FinFit
Your client lost their job due to coronavirus. Now what?
In some cases, workers who have received severance pay have the option of investing the money for retirement and other long-term goals.
Stuck at home? Quarantine is a good time to rethink financial wellness benefits
A financial planning expert from a Goldman Sachs team weighs in on choosing benefits, and communicating those concepts during COVID-19.
Employees will sacrifice a pay raise for better benefits
Choice and flexibility in benefit options are top of mind for employees, a new Willis Towers Watson survey finds.
Retirement planning tips in the time of coronavirus
Clients are advised to keep some of their savings in cash and focus on their long-term prospects.
CVS addresses holistic wellness with new suite of benefits
CVS expands their benefits to include voluntary perks like mental health support and caregiving tools.
Terminix employees won’t be bugged by student loans again
The exterminator service provider’s parent company has launched a debt repayment benefit program.
Benefits Think How companies can financially support workers who can’t go remote
Providing a financial lifeline can help minimize financial distress for employees experiencing workplace disruptions.
Ennie Lim
HoneyBee
Employees can use their student loans to save for retirement
CommonBond is ensuring employees can qualify for employer retirement contributions while they pay off their student loans.
Lifestyle benefits are the industry’s future
Voluntary benefits set employers apart in the war for talent; how do brokers choose which ones to bring to their attention?
Young adults can find retirement success. Here’s how
To start, these clients are advised to start saving as early and contribute enough to their 401(k)s to qualify for their employer's matching contribution.
Healthcare tech provider launches student loan repayment benefit
“The financial burden of student loans is a major reason fewer employees are taking advantage of 401(k) programs,” Scott Thompson, CEO of Tuition.io, says.
Clients could be unknowingly sabotaging their Social Security
Filing at the wrong age and failing to take advantage of programs like spousal and survivor benefits are just a few common mistakes seniors make.
Millennials struggle the most with money management and financial stress
The majority of millennials say they are feeling anxious or stressed about their personal finances, a new study finds.
How to handle Medicare if clients are working at 65
“The advice I give is to calculate the financial impact for each option,” an expert says.
Benefits Think Financial wellness is the next frontier for benefits providers
Increasing participant offerings and promoting engagement could be a powerful step toward helping participants achieve their financial goals.
Craig Rubino
Morgan Stanley at Work
Prudential expands employer wellness offering with new financial benefit
About 78% of employees with high financial stress say it is a distraction at work.
