Investment Instruments

Employers can help address the issue by providing access to financial literacy programs, services and advice to improve financial and longevity literacy rates and overall financial security, says TIAA's Kourtney Gibson.

On Tuesday, the House Committee on Financial Services advanced the Retirement Fairness for Charities and Educational Institutions Act of 2025, which provides a "level playing field" between participants of 401(k)s and 403(b)s, said Rep. Frank Lucas.

The Employee Ownership Fairness Act and The Employee Ownership Representation Act would allow employees to save more money for retirement and invest more in their employer's stock ownership plan.

While the 2026 Social Security cost-of-living-adjustment will be announced in October, it is projected to be 2.4% by the Senior Citizens League.

With the steep plunge in Tesla shares this year, the Lehigh County Pension Board, which oversees $500 million in retirement funds, passed a resolution last week to pause new investment in Tesla and will seek to completely divest its holdings.

The number of Gen X managed account holders with at least 3 months of emergency savings more than doubled from their point of enrollment in a managed account, which improves their financial confidence.