Browsing Tag
Emergency Savings
84 posts
Emergency savings are funds set aside to cover unexpected expenses or financial hardships, such as medical bills, car repairs, or job loss. This money acts as a safety net, helping you avoid debt and maintain financial stability during unforeseen events.
9 Key Findings from EBRI’s 2024 Retirement Confidence Survey
Annual study finds majority of workers and retirees remain optimistic about retirement prospects
HSA Bank Adds Emergency Savings Account Solution
New ESAs encourage greater financial wellness among employees with behavioral nudges
Employers See Positive Returns When Offering Emergency Savings Benefits
A new study by Inspira Financial finds that 81% of plan sponsors who offer emergency savings feature have seen a positive ROI
4 Retirement Initiatives Vital to Closing the Racial Wealth Gap
Tom Hawkins says retirement plan sponsors can move the needle by supporting these key retirement initiatives
EBSA Issues FAQ Guidance for Emergency Savings Accounts
Guidance on pension-linked emergency savings accounts comes on heels of last week’s PLESA guidance from IRS
IRS Issues Guidance for Plan Sponsors Setting Up Emergency Savings Accounts Under SECURE 2.o
Guidance focused on reasonable measures employers can take to discourage potential manipulation of PLESA matching contribution rules
401(k) Loans: Debunking the Myths
Research reveals an evolved perspective and approach to retirement loans.
Feeling Wealthy Continues to Elude Even the Wealthy
Edelman Financial Engines research shows two-thirds of Americans now believe they would need at least $1 million to feel wealthy
Candidly Adds Emergency Savings Solution
Fintech expands beyond student debt solutions with new workplace benefit offering
Americans Score Smallest Financial and Mental Wellbeing Marks
The fall in financial and mental health wellbeing comes from a lack of retirement planning and emergency savings, finds TELUS