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man in front of chalkboard with financial symbols (Photo: Shutterstock)

The COVID-19 pandemic has taught people many lessons – including the importance of financial wellness, according to an online survey of 1,000 US 401(k) participants by Schwab Retirement Plan Services.

“People have been taking a more thoughtful approach reflecting on what is important to them and their family. So many individuals — regardless of how they fared during the pandemic – took the time to think about their finances and their approach to them,” Catherine Golladay, head of Workplace Financial Services at Charles Schwab, tells Benefits Pro.

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