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The impact of current economic challenges on U.S. workers has been well documented, as employees continue to face more financial challenges and stress – with little-to-no relief on the horizon – and they are struggling to save for both emergencies and monthly household expenses.

While many employers are seeking to provide support by expanding their benefits offerings with solutions like earned wage access, financial counseling, employee purchase programs and student loan repayment programs, 42% of employees do not feel adequately informed about the benefits or programs their employers offer. Likewise, another 85% of employees report feeling confused about their benefits.

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