Tag: Financial Wellness

Overwhelmingly, employees surveyed by IonTuition agree with the statement, “I would like my company to offer a voluntary student loan assistance benefit.”

One element of the Financial Wellness 360 program is Lifestyle Benefits, a suite of self-service resources that help employees “address today’s financial challenges and prepare for tomorrow.”

Plan participants in the 50 and up age group are thinking about the transition to retirement because it is on the horizon, while the younger age groups are...

In a new Bank of America Merrill Lynch survey, 95% of employers who offer such benefits agree that their financial wellness programs have been effective at promoting work...

According to a new survey, 76% of employees say they understand the salient features of health savings accounts, or “HSAs,” yet only 12% could correctly identify the common...

Participants will be able to monitor spending habits, manage finances and determine savings goals, says the firm. 

According to the firm, its new savings solution uses after-tax employee contributions to an existing retirement plan to build savings that can be accessed to cover emergencies.

After completing a simple quiz, employees are given a wellness score and actionable steps they can follow to improve that score.

“To transform saving into an engaging consumer experience rather than a financial services experience, employers must present it not as something difficult and unpleasant but as something that...

It also includes behavioral finance, educational and video sections.

Prudential says today’s financial wellness challenges may lead to tomorrow’s retirement shortfalls.

Implementation of the program is a collaboration between ABGMI and financial advisers to present meetings, webinars, email and messaging campaigns, and one-on-one personal chats that help maximize reach...

Sources at the 2018 PLANSPONSOR National Conference discussed financial wellness, choosing between Roth and pre-tax savings and saving for long-term health care expenses.

To help allay their fears, MetLife has issued the first of four white papers on financial wellness.

Financial Finesse observes ways employers drive repeat usage of financial wellness programs.

A PwC survey finds employees are struggling with debt and supporting adult children and aging parents, but also are not investing in their retirement plans properly or using...

Eighty percent of American workers surveyed said they would like to hear congressional candidates discuss retirement security.  

But less than half are willing to do the same for better health care benefits, Willis Towers Watson learned in a survey. 

Data provided by CommonBond shows that workers in the technology and retail industries are most straddled with student loan debt; even workers in industries less impacted by student...

“This study shows that for financial firms who want to improve retirement savings outcomes must evolve their role from just account providers to trusted partners that people can...