Research

That score plunged to 72% for millennials, who have decreasing savings rates and a more cautious and conservative approach to investing, according to Fidelity.

The move by many states, like Oregon and California, to require auto-IRA retirement plans for private-sector workers has not discouraged employers from sponsoring their own retirement plan benefits, a Pew study has found.

The U.S. defined contribution system relies on new employers to create, on average, 44,000 plans per year to compensate for the more than 377,000 plans that closed from 2012 to 2021, according to a Morningstar report.

For the fifth consecutive year, insurer participation increased to 303 participants at the state level on the health exchanges, though some of the larger insurtech plans paused operations in select states, says a new report.

Employers have come a long way in their support of employees' mental health, but for workers, there is a lack of awareness of the services provided by their health plan, says a new study.

Most Gen Xers (80%) wish they started saving earlier for retirement, while 67% started saving after age 30 and even more (20%) have never saved for retirement, according to a new survey.

For households making $200,000 or more annually, 113,800 lost a job in the previous four weeks, which is six times larger than a year ago, according to the latest Census Bureau household pulse survey.

Many of these are frontline workers who helped sustain communities during the pandemic – and nearly two out of three say employers have a responsibility to help them improve their financial well-being, says a new survey.