Retirement Trends

Employee health & well-being programs and financial wellness benefits have always been separate entities within the workplace, however, it seems like a compelling shift is challenging this long-standing split, according to a new report.

Younger workers are benefiting from auto enrollment by participating at higher rates than prior generations, while the Saver's Match program allows low-income workers to receive a match of up to $2,000 into their 401(k)s.

Due to low unemployment and rising wages, Medicare's trust fund for hospital expenses will see its reserves depleted in 2036, and Social Security's funds will pay full benefits until 2035, according to a new report.

Republican-led states have joined 1 of 2 lawsuits challenging the administration's Saving on a Valuable Education plan, which takes effect on July 1, unless the courts grant an injunction to prevent SAVE from being implemented.

While 68% of workers and 74% of retirees are confident they will have enough money to live comfortably throughout retirement, this is not a significant increase from last year, according to a Employee Benefit Research Institute report.

The Biden administration is forgiving $6.1 billion in student debt for those who attended the now-closed Art Institutes colleges nationwide that allegedly lured students with "pervasive" lies, says the Education Department.