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red and white sign says Emergency with an arrow (Photo: Shutterstock)

As employers increasingly prioritize worker financial wellness, the COVID-19 economic crisis is calling attention to the ripple effect that a lack of liquid savings for emergencies can have on an employee’s retirement security.

October is National Retirement Security Month, an opportunity to reflect on what workers truly need to be successful in the long term when it comes to retirement savings. Forward-thinking employers are beginning to understand that to enable retirement security, they need to enable short-term financial stability through tools that allow workers to build highly liquid emergency savings accounts.

 

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