Wednesday, May 25th, 2022 A biweekly topical newsletter from PLANADVISER Financial Wellness Participants have many financial needs—meeting everyday expenses, paying off debt, saving for emergencies, paying for health care and saving for retirement—but there’s only so much money to go around. How do participants decide where to allocate their income while balancing short-term and long-term priorities? As explored in the following collection of articles, a well-crafted financial wellness program may be the answer. SPONSORED AD Data & Research An Early Start to Financial Education A new poll shows that there is growing support for financial education that begins at an early age, and suggests students in states that require such courses are more likely to display positive financial behaviors. Client Service The Evolving Nature of Debt Across Generations Even if you take away the influence of debt, one researcher says, people are feeling substantial stress in preparing for retirement. Add debt to the picture, and stress can skyrocket. Uncategorized The Biggest Retirement Plan Leakage Triggers and Costs for Participants There are several reasons participants may take a pre-retirement distribution but workers and plan sponsors should be aware of the possible consequences.  Client Service What Exactly Is Driving the Great Resignation? Panelists at EBRI’s Spring Policy Forum discussed how various demographic groups tend to reenter the labor force, how workers are supporting themselves if they choose not to return and various other factors impacting labor force participation in 2022.  Client Service A Financial Wellness Case Study The California-based cold-pressed juice brand Pressed Juicery has embraced a progressive financial wellness program that can help employees address the financial challenges they face at different points in their working lives. Data & Research Industry Thoughts on Emergency Savings The general consensus is that emergency savings solutions should enable greater short-term savings while preserving long-term investments, DCIIA says in a new report. Did someone forward you this newsletter? Sign up here to get PLANADVISER Spotlight directly in your mailbox!

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