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| Benefits & Administration |
| Majority of Americans Do Not Feel They Have Recovered from Great Recession |
| Although the economy is booming and the stock market has more than quadrupled in value since the financial crisis of 2008, 65% of Americans say they have not fully recovered financially, Betterment learned in a survey. More than one in four people have stopped saving for retirement or contributing to their 401(k). Two out of every three people say they are saving less than they did in 2008. However, 29% say they are making a concerted effort to save more today than they were in 2008.Read more > |
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| From the Magazine |
| Upwardly Mobile |
| Financial apps are proliferating because they make it easier for people to get educated and stay engaged. “Meeting the participant in that channel of choice is critical to a great experience,” says Tom Armstrong, vice president, customer analytics and insight for Voya Financial in Quincy, Massachusetts. “The fact that they are on these mobile devices for many hours a day, managing through their social media and managing through other aspects of their digital life, makes it important for us to have a presence with them and makes it easy to have us interact with them and vice versa.”Read more > |
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| Products, Deals and People |
| PayFlex Launches HSA Education Resource |
| PayFlex has launched new web-based resource center for employers seeking to learn more about health savings accounts (HSAs) and the benefits and drawbacks of account-based health coverage.Read more > |
