Browsing Tag
401(k) Financial Wellness
853 posts
401(k) financial wellness, in the context of a 401(k), means having the confidence and security of knowing your finances are in good shape and you’re on track for your long-term financial goals, including retirement. This involves managing your money well, being prepared for unexpected expenses, and having a plan for the future.
HSA Bank Introduces Tuition Reimbursement Solution
Employers can determine which funds are eligible for reimbursement and annual reimbursement limits with the employer-funded tax savings program, says HSA Bank
Just 28% of Micro Businesses Offer a Retirement Plan
A Capital Group report finds that small businesses were likely to cite cost as a critical factor for avoiding retirement plans
Americans Say They Won’t Have Enough Savings for Retirement
A recent Prudential survey found 70% of Americans plan to retire but aren't confident if they will actually be able to
Employees Turn to Plan Sponsors Amid Inflation Impacts
Over half of employees say their employer has not offered financial wellness benefits or compensation following higher costs due to inflation, finds FinFit
Plan Sponsors Are More Involved with Retirement Planning in 2023
A new survey by PGIM shows seven in 10 plan sponsors believe they are taking action in solving the retirement income challenge
Advisor Q&A: Exploring America’s Financial Literacy Challenges
The Retirement Advisor Council is asking members about issues and opportunities posed by America’s continued struggle with financial literacy
Workers and Retirees Report First Dip in Retirement Confidence Since 2008 Recession: EBRI
Confidence in retirement savings fell from 73% in 2022 to 64% in 2023 among workers, and from 77% to 73% among retirees
Black and Latino Employees Experience Lower Levels of Financial Confidence: Voya
The new survey by Voya examines financial confidence among Black, Latino, Asian and white employees
80% of Older Americans Cannot Afford a Financial Emergency
New findings from the National Council on Aging found Americans aged 60 and up cannot afford to pay for a financial emergency like long-term care
More than Half of Americans Refuse to Talk About Finances
Empower’s latest “Money Talks” study surveys American workers on open conversations surrounding money and financial wellness