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| Benefits & Administration |
| Analysis Shows Impact of Financial Wellness Programs on Retirement Readiness |
| When workers are continuously engaged in a financial wellness program, they increase their retirement contribution rates by 38%, and the average age at which workers could retire and replace 80% of their income moves from 68.5 to 66.96, according to Financial Finesse.Read more > |
| Boost in Balances Giving Retirement Savers False Sense of Security About Retiring Early |
| MassMutual urges pre-retirees to calculate their projected income and expenses in retirement because although retirement plan balances are healthier than they were five years ago, they may not necessarily be sufficient to support the income needed for so many early retirements.Read more > |
| Eighty Percent of Employers Focusing on Reducing Health Benefit Costs |
| However, while 71% of employers see a positive impact on company health benefit costs from wellness programs, more than one-third say they do not offer these programs, the Transamerica Center for Health Studies found.Read more > |
| Having a ‘Planning Mindset’ Associated With Positive Retirement Outcomes |
| Wells Fargo uncovered four specific participant characteristics that correlate with a significantly better financial life.Read more > |
