Tag: Education

TIAA finds one-on-one education and advice sessions with non-profit employees can have dramatic impacts on participation, contributions, investment allocation, and confidence. 

A study finds that, overall, 37% of Americans cannot correctly describe a 401(k).

Keeping someone of retirement age on the payroll costs an additional $50,000 a year.

In general, employers are looking to their advisers to help them design and measure programs that are implemented by their well-being providers and/or recordkeeper, Fidelity says.

A new assessment by Fidelity Investments measures financial wellness by taking into account money management skills and feelings toward finance. 

The more confident the investor, the higher their esteem for their adviser.

Nearly one-third have no interest in financial education.

Financial wellness tools that are not easy to find or understand obviously won’t do much good. 

The firm’s redesigned retirement readiness website is a place where plan sponsors can seek out vital information to fill the knowledge gaps identified by industry research. 

From saving more for retirement to buying life insurance to taking advantage of group benefits that are offered at work, this initiative will provide consumers with actionable takeaways.

People of all age groups on average estimated losing $30,000 or more throughout their lifetime due to their lack of financial knowledge, a new survey finds.

The Empower-Optum tool will provide access to investment advice and retirement planning resources that bring together an individual’s health and retirement portfolio.

Nearly three in 10 (29%) professors surveyed by Fidelity aren’t sure of the investment mix of their retirement savings, suggesting they don’t know if the investments they selected...

The Insured Retirement Institute will spend the year pushing Congress and the Administration to advocate for legislation that would expand Americans’ access to advice and simpler annuities.

One advisory firm argues delivering financial wellness programming on a third-party basis can better bolster employees’ financial health and retirement readiness. 

Brad Arends, CEO of intellicents, believes the provider will provide participants with “useful financial tools that go above and beyond what most people get with their 401(k)s.

Debt beat out planning for retirement as the top concern for African Americans and Latinos, an analysis found.

However, Financial Finesse found repeat usage of employer financial wellness programs and running retirement projections incrementally improves retirement preparedness.