Browsing Tag
Emergency Savings
83 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.
Draft Legislation to Strengthen Retirement and Emergency Savings Introduced
'The RISE & SHINE Act includes a wide range of policies to create additional protections for workers and retirement savers'
Senate Holds Hearing on Retirement and Emergency Savings
Not to be outdone by their House counterparts and SECURE 2.0, the upper chamber looked to act
Employee 401(k) Contributions Not Just for Retirement Anymore?
U.S. employers increasingly eye enhancements to defined contribution plans, new WTW survey finds
DC Plan Participant Retirement Confidence Exceeds Expectations
Latest Alliance Bernstein research aims to help plan advisors and sponsors understand how to lead participants to better outcomes
It’s ‘America Saves Week’: Here’s What That Means
Three days, in particular, should resonate with 401k advisors
Why Momentum is Building for Emergency Savings Accounts
Emergency savings accounts are having a moment. The Wall Street Journal calls matching emergency savings accounts the “the…
Latest Senate Bill Seeks ‘Penalty-Free’ Emergency Distributions from 401(k)s
Legislation that would provide a penalty-free “emergency distribution” option from 401ks and IRAs was unveiled today by Senator…
How Resilient Are You in the Face of Financial Setbacks?
Resilience is key to financial wellness and “one of its strongest contributing factors,” according to two new reports.…
It Takes Less Net Worth to Feel ‘Wealthy’ This Year
Wealth in America has shifted—Schwab’s 2021 survey shows lowered net worth goals for being wealthy, happy, and financially secure.
‘Save to Retire’ Day Centers 2021 America Saves Week
America Saves Week 2021, running Feb. 22-26, features “Save to Retire” as its theme for Wednesday to help people plan for retirement.