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While it remains to be seen exactly where the economy will go in 2023, younger consumers are not waiting around to find out when it comes to saving for the future. To keep up with them, employers must pay attention to their unique and ever-changing needs. While it may be easing somewhat, inflation continues to erode consumer savings, a recession looms, and recent layoffs have many employees feeling financially and emotionally on edge.

In an attempt to stay on track with their life and savings goals, younger generations are looking for innovative investment opportunities and tactics to save for the future. In this environment, simply offering a retirement savings plan like a 401(k) is not enough to help employees prepare  for what’s ahead. Especially when what’s ahead feels so uncertain.

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