Voya Targets Emergency Savings with Financial Wellness Feature
The new tool was created in response to the numerous news reports and research papers citing a dire lack of rainy day savings among average Americans.
Tag: emergency savings
Helping Employees Build Emergency Savings
The term “sidecar savings accounts” has been introduced into the retirement industry’s lexicon, and new legislation has been introduced to allow employers to auto enroll employees into them.
19% of Working Americans Are Not Saving Anything
Expenses are cited as the main reason why they are failing to save anything, Bankrate.com found in a survey
To Prioritize Retirement Saving May Not Be Best for All Workers
Many may need to set up an emergency fund or pay off debt first.