Tag: emergency savings account
Workers’ short-term financial worries about student loan debt and job security can derail retirement planning.
Experts suggest plan sponsors pair automatic features with multichannel education and emphasize to workers that they should save for retirement...
Research shows that for low- and moderate-income workers, access to emergency savings accounts is likely to bolster retirement contributions and...
Plan sponsors want digital tools that are effective and potentially useful for every participant, but not one-size-fits-all.
The platform is said to provide out-of-plan emergency savings support alongside the retirement plan and other workplace savings accounts.
Participants also want help with financial wellness, paid leave and child care.