| | Products, Deals and People | | Prudential Promotes After-Tax Savings for the Unexpected | | Prudential Retirement has introduced an after-tax supplemental savings solution that uses after-tax employee contributions to an existing retirement plan to build savings that can be accessed to cover emergencies. Prudential worked with the Washington, D.C., nonprofit organization Prosperity Now to design a potential solution using payroll deductions to fund after-tax contributions.Read more > | | Voya Targets Emergency Savings with Financial Wellness Feature | | Voya introduced The Financial Wellness Experience, aimed at enhancing emergency savings among retirement plan participants. The tool will include access to “guidance and personal financial planning services” through the usage of resource centers, where participants will find “educational articles, life-stage tips, planning tools and calculators,” according to the company.Read more > | | | Economic Events | | Sales of new single-family houses in June were at a seasonally adjusted annual rate of 631,000, according to estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 5.3% below the revised May rate of 666,000, but is 2.4% above the June 2017 estimate of 616,000. |
|
| |
