Emergency Savings Archives - Page 4 of 8 - 401k Plan Optimization, Compliance, Investment & Partners

GoBankingRates: Nearly 30% of American Workers Have Zero Retirement Savings

By Fred Barstein / 401k News, Communication, DC plans, Economy, Emergency Savings, Employee engagement, Employee happiness, Fiduciary, Fiduciary, financial insecurity, financial stress, financial uncertainty, Financial Wellness, inflation concerns, Millennials saving, participation, Retirement Plan Committee, Retirement Plan Fiduciary, Retirement Readiness, Retirement Savings Concern

Many Americans are facing a very real possibility of retiring with inadequate savings. A pair of articles in Employee Benefit News and BenefitsPro covered a...

Navigating Retirement Challenges: Beyond Financial Planning

By Fred Barstein / Client connection, Communication, Emergency Savings, Financial Advice, Financial Wellness, Future Self, Life expectancy, Plan design, Retirement Happiness, Retirement Readiness, wellness assessment

Believe it or not, retirement can pose significant challenges if not approached thoughtfully. Beyond financial considerations, it’s crucial for advisors to delve into their clients’...

Women & Men Think Differently About Money, Jobs, & the Economy

By Fred Barstein / Behavioral Finance, benefit education, Communication, Confidence, Economy, Emergency Savings, financial insecurity, financial stress, Financial Stress, financial stress management, financial uncertainty, Financial Wellness, Health & Wellness, Retirement Readiness, Retirement Savings Concern

Financial Literacy and Financial Wellness Are Two Different Things

It’s no secret – men and women think differently, and that includes their sentiments about their finances, jobs, and the economy. A recent survey from...

Innovative Benefits for Working Parents to Prevent Retirement Regrets

By Fred Barstein / Adaptability, adult learning, benefit education, benefits committee, Benefits integration, Communication, Compensation, Confidence, Convergence, debt relief, Emergency Savings, Employee happiness, Fiduciary, financial stress, financial stress management, Financial Wellness, Health & Wellness, healthcare, Inclusion, Retirement Plan Committee

The majority of current retirees have regrets about their retirement savings. Specifically, 86% wishes they had saved more for their post-working years, according to a...

Understanding the Spectrum: Financial Illness vs. Financial Wellness

By Fred Barstein / Communication, Confidence, DC Plan Sponsors, debt relief, Economy, Emergency Savings, Employee happiness, Fiduciary, Financial Advisors, financial insecurity, financial stress management, Financial Wellness, Health & Wellness, inflation concerns

Fred Barstein, CEO & Founder, TPSU/TRAU/401kTV with Adjunct Lecturer, Liz Davison, CEO & Founder – Financial Finesse In today’s fast-paced world, achieving financial wellness has...

Financial Wellness is Top Priority for Employers and Employees

By Fred Barstein / 401k News, Communication, Confidence, Convergence, DC plans, Economy, Emergency Savings, Employee happiness, financial stress, financial wellness, Financial Wellness, Health & Wellness, SECURE 2.0, SECURE Act

It’s no wonder financial wellness is such a hot topic—financial stress continues to pervade American workers’ psyches. Debt, especially student loans, is overwhelming employees, leaving...

Boosting Retirement Participation: The Role of Mobile Apps for Younger Employees

By Fred Barstein / 401k News, adult learning, Communication, DC plans, Digital Tools, Emergency Savings, Employee engagement, Fiduciary, financial literacy, Financial Wellness, Millennials Delaying Milestones, Millennials saving, Mobile apps, multi-generational workforce, participation

Fred Barstein, CEO & Founder, TPSU/TRAU/401kTV with Patricia, Plan Sponsor/HR Director Mobile apps play a pivotal role in enhancing retirement plan participation, particularly among younger...

Natixis Survey Says Economic, Market Uncertainty May Prevail in 2024

By Fred Barstein / Economy, Emergency Savings, financial insecurity, Financial Security, financial stress, financial uncertainty, inflation concerns, inflation stress, recession

That’s according to a new study from Natixis Investment Managers, recently cited in BenefitsPro. The study included responses from 500 institutional investors, who collectively manage...

Boost Retention with SECURE 2.0 Financial Wellness Amid Student Loan Resumption

By Fred Barstein / 401k News, Communication, Compensation, Emergency Savings, Employee Benefits, Employee engagement, Employee happiness, Fiduciary, financial insecurity, financial stress management, Financial Wellness, inflation concerns, Secure Act Changes, Student Loan Debt

Student loan payments have resumed after nearly a three-and-a-half-year hiatus, impacting both workers and employers. Cited in a recent BenefitsPro article, ADP Research Institute has...

Emerging Trend: Prioritizing Emergency Savings Over Retirement

By Fred Barstein / 401k News, Emergency Savings, Fiduciary, Financial Stress, financial stress, financial uncertainty, Financial Wellness, inflation concerns, Millennials saving

Prioritizing emergency savings over retirement funds has become an emerging trend. A recent survey by the Employee Benefit Research Institute (EBRI) and Greenwald Research reveals...