Employers can help with these financial concerns with more education and financial wellbeing programs, as Black Americans are more likely to look to their employers for help in their retirement planning, according to an Employee Benefit Research Institute survey.

One question is whether employers will have any say over how the plans' new overlord emerges from its digital crate.

As AI continues to evolve, the businesses that succeed will be those that prioritize a thoughtful, human-centered approach, ensuring that technology serves as a partner in innovation and a tool for strategic growth, not just a shortcut for efficiency.

The projected cost of health-related expenses during retirement has more than doubled since 2002.