Data and Research | October 16th, 2024 HR Leaders, Gen Z Employees Misaligned on Savings Priorities HR decisionmakers and managers tend to misunderstand the financial priorities of Gen Z workers, according to new research from The...
Participants | April 17th, 2024 Competing Priorities Pose Challenges to Gen Z, Millennial Workers Saving for Retirement Employers should encourage younger workers to build emergency savings before contributing toward the company match and paying off student debt,...
Benefits | November 15th, 2023 Financial Wellness Programs Necessary, but Not Sufficient to Eliminate Racial Wealth Gap While there is no silver bullet to end racial wealth disparity, employers can use financial wellness programs to narrow the...
Data and Research | September 27th, 2023 Student Loan Repayments Expected to Derail Employees’ Retirement Savings Nearly 75% of student loan borrowers expect that resuming payments will impact their ability to save for retirement, and some...
Benefits | August 29th, 2023 Communicating with Participants About Student Loan Payment Resumption Payments are set to resume in October, and it’s time for plan sponsors to double down on their communications about...
Compliance | July 3rd, 2023 What Comes Next for Student Loan Borrowers? There is some good news for the financial wellness of debtors too.
Compliance | June 8th, 2023 Large Plan Sponsors Seek IRS Clarification on SECURE 2.0 Provisions The ERISA Industry Committee implored the IRS to clarify how sponsors can implement new Roth features and student loan matches.
Data and Research | February 3rd, 2023 Public Service Workers Face Retirement, Financial Security Concerns State and local government employers can bolster the retirement and overall financial security of workers with expanded access to emergency...
Compliance | December 27th, 2022 What Is a Student Loan Match and How Can I Start One? In 2024, sponsors will be able to match their participants’ student loan payments. But how?
Products | June 29th, 2022 New Tool from Candidly Automates Public Service Loan Forgiveness Process For HR administrators, much of the employee eligibility process is automated; it takes an average of 79 seconds to certify...
Compliance | April 7th, 2022 Student Loan Repayment Freeze Extended Through August In announcing the loan forbearance extension, President Biden acknowledged that the country is still recovering from the pandemic and the...
Data and Research | May 13th, 2020 Finances Weigh on the Minds of the Majority of Americans More than one-quarter are extremely or very concerned, according to Fidelity.
Data and Research | August 13th, 2018 Younger Generations Not Managing Money With an Eye Toward the Future A report warns about the “troubling lack of knowledge about debt” among all age groups in the U.S., but especially...
Data and Research | March 2nd, 2018 More Than Half of Americans Would Like to Save More Among those who said they would like to save more, 56% said retirement was a top reason; however, LIMRA found...