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.
Is Financial Stress the New Smoking?
Having less stress in our lives generally has a positive impact on health, but what about reducing financial…
4 Areas of Focus for Retirement Plan Advisors Now
401(k) advisors are more bullish, and plan sponsors more bearish, about plan participants’ retirement readiness than two years…
Employees Want More Employer Help with Financial, Mental Health
It appears financial wellness, and its multitude of benefits, is finally getting through. Nearly one in three U.S.…
How to Keep Employees Satisfied? Start With a Strong 401(k)
A new study has found there are four types of employees, and they have one thing in common:…
Why Health Care Costs Need to be Part of Retirement Planning
The average healthy 65-year-old couple retiring this year will need $387,644 in today’s dollars just to cover lifetime…
Why 401(k) ‘Cashout Leakage’ is a Crisis
Cashout leakage, a long-standing problem in America’s defined contribution system, is a silent crisis that unnecessarily robs millions…
401(k) Fail: How Well Do You Score on the Following Quiz?
More than half of employees failed a recent retirement plan knowledge quiz. How well would your clients do?…
Gen X Families Seriously Lag Previous Generations in Financial Wellness
Reality really does bite. A new study from the Employee Benefit Research Institute highlights Generation X financial challenges,…
Ability to ‘Drive Action’ Critical to 401k Financial Wellness Success
Education is good, behavior better. 401k plan participants can have all the information they want, but if they…
‘Financial Confidence’ of Women on Decline
Women financial confidence lags despite rising wealth, education, and empowerment, according to the 2019 Allianz Life study.