Help employees save for emergencies and retirement in 2024
<p>This shift in the financial concerns of employees represents a historic opportunity for employers to strengthen your organizations by deploying financial wellness benefits that reduce the everyday financial stress of your workers, like personal financial coaching for employees.</p>
<p><a href="https://www.npr.org/sections/money/2021/02/02/961910289/how-poverty-makes-workers-less-productive" rel="noopener ugc nofollow" target="_blank">Personal financial coaching can ease employee financial stress, which improves employee productivity</a>, in ways that <a href="https://medium.com/the-road-to-financial-empowerment/financial-literacy-isnt-enough-d9f74b639697" rel="noopener">financial literacy workshops and employee financial education alone cannot</a>: “One-size-fits-all financial education has little to no effect on changing real-world financial behaviors.”</p>
<p>The financial wellness benefits paradigm shift from future retirement to easing stress paycheck to paycheck also coincides with <a href="https://www.finance.senate.gov/imo/media/doc/Secure%202.0_Section%20by%20Section%20Summary%2012-19-22%20FINAL.pdf" rel="noopener ugc nofollow" target="_blank">new provisions in Secure 2.0 which kick-in “after December 31, 2023,”</a> to help employees save for emergencies <em>and </em>retirement and to payoff student loans.</p>
<p><a href="https://medium.com/the-road-to-financial-empowerment/help-employees-save-for-emergencies-and-retirement-in-2024-b3464d57c800"><strong>Read More</strong></a></p>