Browsing Tag
Emergency Savings
79 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.
Pandemic Turning More Americans Into Savers
New Voya consumer survey shows the COVID-19 pandemic and its resulting economic turmoil has turned more Americans into savers.
Why Low-to-Moderate Income Plan Participants are Bearing Brunt of the Recession
The COVID-19 pandemic is having a lasting negative financial impact on many low- to moderate-income (LMI) defined contribution…
Employers Increasingly Eye Innovative DC Plan Features
nnovative DC plan features help boost retirement savings, enhance financial wellbeing, and support employees with long-term security.
Lack of Emergency Savings Means Retirement Account Leakage During COVID-19
Retirement plan “leakage” is rearing its ugly head again thanks to hardships brought on by the trainwreck of…
How Employers Can Ease Escalating Employee Financial Stress
Lots of people are experiencing financial stress these days as a results of the COVID-19 crisis, but an…
Pandemic Prompts Americans to Sharpen Financial Focus
One in 10 people have dipped into their retirement accounts and one in 20 have postponed retirement in…
5 Key Insights from PwC’s Latest Employee Financial Wellness Survey
Understandably given current events, this year’s PwC Employee Financial Wellness Survey takes a different tone than in prior…
Protecting Retirement Savings with Emergency Funds
We may find ourselves greeting other people with elbow bumps, working from home, and having a whole new appreciation for emergency fund savings accounts.
Caught by Surprise: Crisis Curtails Americans’ Retirement Saving
Pardon the expression, but Americans were largely caught with their financial pants down as the coronavirus pandemic quickly…
3 in 10 Americans Have Recently Tapped Emergency Funds
“Smoke ’em if you got ’em,” the saying goes, and many Americans are doing just that when it…