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.
Asset Accumulation Increasingly Unequal, Especially for Minorities
A new report from the National Institute on Retirement Security (NIRS) finds that economic inequality continues to grow,…
How to Close Racial and Ethnic 401(k) Savings Gaps
Black and Latinx 401(k) savings rates are lower compared to their white counterparts. The median deferral rates were…
That Time of Year: ‘401(k) Day’ is Almost Here
Participants need a moment to focus on their finances in a fun and engaging way, and the Plan…
Consumer Spending Skyrockets Post-Pandemic
Re-opening has a cost. Americans are spending an average of $765 more per month compared to the summer…
Family Emergency Expenses Still a Major Problem, EBRI Finds
Families with working family heads under age 65, fewer than one quarter had more than three months of…
How 401(k) Advisors Live a ‘Full’ Personal and Professional Life
We’re stressed and we know it. The always-on, hyper-connected world in which we live, driven by digital demand,…
Parents Put Financial Wellness Second to Kids’ College Dreams
As millions of families prepare to send students back to another uncertain year of school this fall, the…
Americans Prioritize Social Media Over Managing Finances
Despite the financial strain brought on by the COVID-19 pandemic, Americans spend four times longer on social media…
Market, Longevity Risk Are Top Concerns For American Workers
More than a year into the recovery from the worldwide pandemic, market risk, and longevity risk are still…
Gold Medal Strategy: How Financial Fitness Can Put 401(k) Participants on the Podium
With the Tokyo Olympics on deck, Lincoln Financial got to wondering if 401(k) participants are using gold-medal strategies…