Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.
Special Report
Benefits advisors and their employer clients are increasingly seeking information and guidance about offering financial wellness plans to their employees. Financial wellness can encompass many things, from financial education to voluntary products to budgeting and financial tools and more. This special report covers financial wellness from many perspectives, providing insight and strategies to help in the decision-making process.
At the current federal minimum wage of $7.25 per hour, a worker would have to work at more than 3 full-time minimum-wage jobs, for a total of almost 127 hours a week, to be able to rent a 2-bedroom apartment and not sink more than 30 percent of their income into it. (Photo: Shutterstock)Employee financial wellness, health and retirement savings all face a single threat that can derail any or all of them: rent.
Marlene Y. Satter has worked in and written about the financial industry for decades.
Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.
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