Recognizing the negative impact of household debt on long-term financial security and retirement readiness, Prudential is partnering with national nonprofit GreenPath Financial Wellness to introduce debt management advice and tools to its suite of workplace financial wellness solutions.
GreenPath offers a free session with a certified financial counselor to establish goals and explore debt repayment options. For a fee, employees or members who participate can also choose to enroll in a formal debt management plan designed to pay off outstanding balances in five years or less.
Nine organizations, including Prudential, have committed to the service, which continues to draw interest. It will be available to all institutional employers in the second half of 2020.Prudential offers a broad suite of workplace financial wellness offerings, including solutions designed to help individuals plan for unexpected expenses and better manage debt. To learn more about Prudential’s workplace financial wellness offerings, visit www.prudential.com/employers/financial-wellness.