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.
Incredible Value of 401k Participant Data is Again Reinforced
Plan sponsors and providers are helping participants address their 'next dollar' problems
How to ‘Materially Reduce’ Retirement Savings Deficits Across Races
The study also examined adding retirement plan employer matching contributions for student loan debt repayments
Multigenerational Wealth Transfer to Hit Eyepopping Number: Cerulli
Advice will be more important to clients as taxation becomes a more pressing worry
National Urban League, NAACP Endorse 401(k) Auto Portability
'The NAACP is committed to being a partner in advancing the implementation of auto-portability as an essential tool to address racialized economic inequities'
Senator Warren Wants to Reform Social Security Supplemental Income
'The average monthly SSI benefit is below $600, which would keep many elders in poverty'
Diversity and Inclusion Key to Financial Wellness Programs
'Focusing on DE&I can help with attraction and retention of workers while helping promote a more equitable environment ...'
6 Important Takeaways from the First Year of Retirement
'People falsely imagine they'll spend less in retirement. I have never seen that to be consistently true'
Pandemic-Related Savings Reveal Worker Contradictions
A survey found reduced levels of worry, possibly correlated to pandemic-related savings—lower commuting, entertainment, leisure, and travel expenses
Americans Less Confident in Their Finances, U.S. Economy Entering Third Year of Pandemic
Despite this relatively recent decline in confidence, Empower Retirement’s “2022 Wealth & Wellness Index” finds Americans feeling optimistic about their longer-term financial futures
Financial Wellness Programs Increase Financial Confidence
TIAA report finds financial wellness programs are increasing employee financial confidence and easing retirement concerns of Americans.