39% of workers have less than $1,000 in savings (or no savings at all)

About one-third of workers – who say financial stress impacts their mental health – want employers to help with financial coaching and support, says a new survey.

By Kristen Beckman | January 06, 2023 at 10:25 AM

The majority of U.S. workers are taking steps to prepare for a potential recession in 2023, including cutting back on day-to-day expenses and paying off debt. Preparations also include increasing savings and investments, looking for a higher-paying job or second job, and adjusting benefits during open enrollment.

Continue Reading for Free

Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
Educational webcasts, white papers, and ebooks from industry thought leaders
Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor

NOT FOR REPRINT

Retirement

Wellness

Advisor Sales Strategies

Retirement Trends

1 Here's what self-funded health plans pay indie carriers for administration

2 Pennsylvania governor signs pharmacy benefit manager bill

3 DOL's new fiduciary rule on hold, as judge grants insurer groups' request for injunction

4 House Republican proposes making PBMs fiduciaries

5 Medical stop-loss premiums rise 11.5% for self-funded plans

Insurance
BenefitsPRO Broker Expo 2025 (BPRO)
May 06, 2025 - Boston

The premier educational and networking event for employee benefits brokers and agents.
More Information
Consulting
Consulting Best Firms to Work For 2024
September 12, 2024 - New York

Consulting Magazine identifies the best firms to work for in the consulting profession.
More Information
GlobeSt. Multifamily Fall 2024
October 15, 2024 - Los Angeles

Join the industry's top owners, investors, developers, brokers & financiers at THE MULTIFAMILY EVENT OF THE YEAR!
More Information

Financial planning webinars: A new way to highlight a company's full benefits package

By Bryce Sanders | July 26, 2024

The purpose would be to use financial planning training as a vehicle to highlight all the benefits the company provides to employees, like health care, parental leave and tuition reimbursement.

Financial planning webinars: A new way to highlight a company's full benefits package

DOL's new fiduciary rule on hold, as judge grants insurer groups' request for injunction

By Lynn Cavanaugh | July 26, 2024

A preliminary injunction, granted Thursday by a federal judge, puts the implementation of the Labor Department's controversial new Retirement Security Rule, set to take effect September 23, on hold until further order of the court.

DOL's new fiduciary rule on hold, as judge grants insurer groups' request for injunction

IRS: New guidance on required minimum distributions, reflecting SECURE 2.0 changes

By Lynn Cavanaugh | July 25, 2024

The new RMD rule, finalized by the IRS, requires annual minimum inherited retirement assets to begin the year after the participant's death.

IRS: New guidance on required minimum distributions, reflecting SECURE 2.0 changes

Reflecting on Two Decades of Managed Accounts: Trends, Insights and Future Vision link

Report

Sponsored by Edelman Financial Engines

Reflecting on Two Decades of Managed Accounts: Trends, Insights and Future Vision

Edelman Financial Engines' new report features data and insights gained from 20 years of helping employees save for retirement through its industry-leading managed account program, exploring historical managed account member characteristics, noteworthy behavioral trends, and tendencies related to their investments.

Browse More Resources ›

4 Ways Self-Funded Health Plans Benefit Companies of All Sizes link

White Paper

Sponsored by Health Care Administrators Association (HCAA)

4 Ways Self-Funded Health Plans Benefit Companies of All Sizes

Discover how self-funded health plans and Third Party Administrators (TPAs) can significantly improve healthcare cost management for companies. Explore the advantages that empower employers of all sizes to optimize benefits while effectively controlling expenses.

Browse More Resources ›

How to Provide Health Insurance to Small & Medium Business Employees link

White Paper

Instant Insights /

39% of workers have less than $1,000 in savings (or no savings at all)

Continue Reading for Free

1 Here's what self-funded health plans pay indie carriers for administration

2 Pennsylvania governor signs pharmacy benefit manager bill

3 DOL's new fiduciary rule on hold, as judge grants insurer groups' request for injunction

4 House Republican proposes making PBMs fiduciaries

5 Medical stop-loss premiums rise 11.5% for self-funded plans

Financial planning webinars: A new way to highlight a company's full benefits package

DOL's new fiduciary rule on hold, as judge grants insurer groups' request for injunction

IRS: New guidance on required minimum distributions, reflecting SECURE 2.0 changes

BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

Instant Insights /

39% of workers have less than $1,000 in savings (or no savings at all)

Continue Reading for Free

Dig Deeper

Trending Stories

1 Here's what self-funded health plans pay indie carriers for administration

2 Pennsylvania governor signs pharmacy benefit manager bill

3 DOL's new fiduciary rule on hold, as judge grants insurer groups' request for injunction

4 House Republican proposes making PBMs fiduciaries

5 Medical stop-loss premiums rise 11.5% for self-funded plans

Events

Recommended Stories

Financial planning webinars: A new way to highlight a company's full benefits package

DOL's new fiduciary rule on hold, as judge grants insurer groups' request for injunction

IRS: New guidance on required minimum distributions, reflecting SECURE 2.0 changes

Resource Center

BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!