Tag: emergency savings

NewsDash readers shared whether they saved or spent any stimulus payments they received.

The KFC Foundation’s collaboration with a fintech provider uses technology, gamification and matching contributions to help KFC employees achieve at...

It would allow retirement plan participants and IRA holders to take money out of their accounts tax-free.

Some people have not recovered from economic losses caused by the pandemic and need help from employers, retirement plan providers...

However, they are frustrated because their savings aren’t earning anything.

Experts say such offerings could help improve employees’ financial wellness and retirement security.

Retirement plan recordkeepers are shifting how they see their role in ensuring financial security for participants, and they’re reacting to...

Nearly 30% of workers have no emergency savings fund, leading many to raid their retirement accounts.

More employers are also likely to offer automatic emergency savings, a Millennium Trust executive says.

The study shows more Americans are focusing on emergency savings accounts rather than long-term goals, including retirement. 

The COVID-19 pandemic has accelerated what was already an emerging goal for the retirement planning industry: helping participants prepare for...

Employers can match up to 100% of employees’ contributions.

More than half of Americans are earning half or less than half of their pre-pandemic income, and 31% have lost...

The retirement plan system has the infrastructure to get people started building emergency savings.

More than half of Americans are disappointed with their overall savings, according to a new Bankrate.com survey, including 27% who...

The Saving for the Future Act would require employers to contribute 50 cents to a savings account for each worker...

Seventy-seven percent of Americans think Congress should do more to expand access to retirement plans, while 83% favor making it...

A survey found more Americans are prioritizing building an emergency savings fund over retirement savings.

Many workers earning between $35,000 and $100,000 voice confidence about near-term financial goals, but this seems to be coming at...

The new tool was created in response to the numerous news reports and research papers citing a dire lack of...