Browsing Tag
401(k) Financial Wellness
857 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.
Employers Are Improving Health Care Affordability to Curb Rising Costs
Latest findings from Mercer shows more employers are taking action to grow health care affordability and improve health equity
Participant Financial Stress Hits Highest Level Since Great Recession
New research from Financial Finesse paints picture of dramatic increase in “unmanageable financial stress”
A Third of Investors Prefer Financial Advice from ChatGPT
A Nationwide Retirement Institute survey finds a higher rate of investors expect to get their financial advice from artificial technology than a human advisor within the next five years
Retirement Savings See Slight Boost in 2023
The latest Bank of America 401(k) Participant Pulse report found average retirement savings rates increased in Q1
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