Browsing Tag
401(k) Financial Wellness
855 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.
Small Business Spotlight: Owners Confident and Offering Plans
Warren Buffett recently highlighted the plight of small businesses with his plea for more PPP loans to counter…
Financial Wellness in a Digital Age: Actionable Ways to Engage Participants
Implementing financial wellness programs with plan sponsors was already hard. Cue COVID-19 and the challenges have multiplied. Advisors are no longer…
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.