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.
Employer Interest in Providing Emergency Savings Accounts Rises with Pandemic
The COVID-19 pandemic has thrown a spotlight on a problem that already existed, and one 401k advisors are…
401k Sponsors Set Sights on Planning, Income Products in 2021
Plan sponsors are eager to give their participants more support in financial planning, as 78% said they will…
1 in 4 Full-time U.S. Workers Worse-Off in Pandemic
One in four full-time U.S. employees say their financial situation has deteriorated as a result of the pandemic,…
1 in 8 Adults Over 55 Plan to Delay Retirement Due to COVID
New research found one in eight U.S. adults (13%) over the age of 55 who expect to retire…
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.
Stressed Out: One in Four Americans Considering COVID Career Change
A negative mental health trend among Americans continued uninterrupted for the eighth consecutive month. Health services provider Morneau…
Episode 15—What’s Wrong With 401(k) Coverage and Balances? Alicia Munnell from the Center for Retirement Research Explains
Dr. Alicia Munnell, director of the Center for Retirement Research at Boston College, joins us to discuss retirement…
Forget Social Security, Are ‘Birthright Funds’ Better?
Birthright funds Social Security could ease retirement challenges by using compound growth to secure future wealth for all Americans.
The Toll on Small Business Retirement Savings from COVID-19
In contrast to the response during the 2008-2009 financial crisis, more than 90% of employers will make their…
Americans to Prioritize Health & Wellness over Finances in 2021?
Long-term finances could take a back seat to health and wellness in 2021, according to the annual New…