Tag: racial wealth gap

Plan sponsors discuss innovative ways in which they address disparities in savings and participation within their retirement plans.

In addition to lower contribution rates, Black and Hispanic workers tend to withdraw money more frequently from their 401(k)s, resulting...

New York Life will be the official financial guidance partner of Major League Baseball and expanded its commitment to the...

The average contribution rate of Black and Hispanic workers is roughly 40% lower than that of white workers, according to...

Many Black, Hispanic and Native Americans tend to fall behind due to a lack of financial literacy, mounting debt and...

While there is no silver bullet to end racial wealth disparity, employers can use financial wellness programs to narrow the...

The president and CEO of the Fed’s Atlanta branch said monetary policy is limited in its ability to reduce wealth...

It is in plan sponsors’ best interest to improve the financial health of workers and address disparities, researchers say.

High-income households increasingly hold larger retirement account balances than lower income households and are more likely to reap tax perks...

The financial wellness platforms aim to address the ‘soaring rates of financial stress among employees of color’ with this partnership.

Debt and lack of access to a pension plan can make it especially difficult for Black and Hispanic Americans to...