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June is Employee Wellness Month, the perfect time to take a close look at your wellness program and other initiatives to improve physical, mental and financial health.

Financial wellness programs pay off for repeat users

According to a recent study, repeat users of financial programs are twice as likely to be on track for retirement and are also less likely to report overwhelming levels of stress.

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Stacks of coins and coin jar Repeat users of financial wellness programs showed substantial improvements in key areas, including handling their personal cash flow and maintaining an emergency fund to cover unexpected expenses. (Photo: Shutterstock)

More workers are making good use of their employer’s financial wellness program, returning again and again and reaping more benefits as a result, according to Financial Finesse’s Financial Wellness Think Tank’s 2017 Year in Review.

Among employers that have offered a financial wellness program for at least three years, repeat users made up 58 percent of the population, up significantly from 33 percent in 2016 – the first time repeat users outnumbered first-time users, according to the study.

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Katie Kuehner-Hebert

Katie Kuehner-Hebert

Katie Kuehner-Hebert is a freelance writer based in Running Springs, Calif. She has more than three decades of journalism experience, with particular expertise in employee benefits and other human resource topics.

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