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.
‘Retirement Score’ Calculator Launched to Help Older Adults Improve Financial Fitness
Over 3,000 data points drawn from income, spending and savings enable a new financial fitness calculator to provide…
IRS Guidance on Qualified Distributions for Births, Adoptions
In 2020, most of the IRS guidance with respect to employee benefit plans has addressed issues arising under…
Record Number of Young Adults Living with Parents
“You again?” The number of adult children living with their parents has hit a record high, as the…
Episode 9—Financial Finesse’s Davidson: ‘Artificial Intelligence in Financial Wellness is Here’
Exciting innovation in financial wellness means it’s more tailored, more customized, and therefore more effective in helping working…
Better Personal Finances Means More Productive Employees
Employee financial wellness drives productivity, job satisfaction, and stronger employer relationships, according to NFEC survey results.
Financial Vulnerabilities of Retirees Before and During Pandemic
Despite the ongoing pandemic, three in four retirees (75 percent) say their confidence in their ability to maintain…
Most Influential Factor for Participants to Save for Retirement?
Not surprising, but refreshing to see it reinforced—employers play a critical role in motivating their employees to begin…
401(k) Plan Terminations Could Produce Wave of Leakage
During the COVID-19 crisis, massive job losses combined with economic hardship and relaxed restrictions on withdrawals have created…
Opening New Doors: A New Era of Automated Financial Wellness
Liz Davidson wants to introduce you to AIMEE, her newest team member making an impact on financial wellness.…
Why ‘Sudden Money’ and Preserving 401(k) Assets Don’t Mix
Researchers realize that long-term retirement planning is not a natural act for most 401(k) plan participants. Consequently, important…