Tag: Financial Wellness

Roth and after-tax accounts could be used to facilitate emergency savings, with certain considerations about the cost of accessing funds and the effect on nondiscrimination testing.

Jessica Tuman, head of the Voya Cares program, discusses the unique financial hurdles both sandwich caregivers and career extenders are facing, particularly when it comes to retirement planning.

Student debt has put those in the Millennial generation at a disadvantage when it comes to turning their education into wealth, particularly in the form of home ownership.

However, a survey suggests engagement with financial wellness programs boosts retirement confidence.

Biden says the extension is meant to acknowledge that millions of borrowers are still coping with the negative financial impacts of the pandemic.

Areas of focus have shifted during the pandemic and will define trends for the new year.

While surveys find many Americans are not making New Year’s resolutions, those who do are succeeding in making positive financial and savings changes for the long term.

Two-thirds of Black and Hispanic respondents to a Society of Actuaries survey said if they are changing or considering changing their plans for retirement, they will retire later.

The U.S. faces a $4 trillion retirement savings gap heading in the new year, but both public and private solutions are coming online to help more people prepare adequately for life after work.