Employees with access to the solution can set up free emergency personal savings accounts through the ease of payroll deductions and receive matched contributions from their employer.
The platform allows plan sponsors to add an extra layer of fiduciary protection.
Transamerica is the latest retirement plan services provider to add emergency savings accounts to its stable of solutions, highlighting the increasingly apparent need to balance short-term and long-term...
The financial wellness program, Fast Track to Financial Health, is being deployed to nearly 30,000 employees at a Fortune 25 company.
The employer-funded account will assist employees with eligible physical, emotional and financial wellness expenses.
With the Nava Benefits Search Engine, employers can browse more than 600 benefits offerings of all types and find unbiased reviews, benchmarking data and more.
The service, powered by Morningstar Investment Management, will provide personalized investment advice to retirement plan participants through its user interfaces and network of integrated recordkeepers.