Money Savvy Kids: How Plan Sponsors Can Help Build Financial Capability for...
April is National Financial Capability Month in the U.S., which represents an opportunity for employers and plan sponsors to help their employees and plan participants boost their money skills. One...
View ArticleThree Trustee Actions During Market Volatility
Recent bank failures and resulting market volatility have captured headlines in recent weeks, and many individual investors reacted quickly. However, when it comes to fulfilling their fiduciary duty in...
View ArticleQ&A’s for National Financial Capability Month
For the past several years, the International Foundation has strategically focused on the topic of financial well-being, including how employers can provide financial education to their workers—the...
View ArticleThat’s the Way Financial Caregiving Goes
One of my good friends recently asked me to go to a Janet Jackson concert with her. I weighed the thrill of dancing along with Janet to the memorized choreography of “Miss You Much” versus a good...
View ArticleMagazine Extra: 7 Questions to Ask Before Rebooting Your Financial Wellness Plan
Benefits Magazine Extras articles provide you with bonus content on a mix of benefits topics as well as deep dives and analysis on the latest benefit trends and compliance issues. Visit...
View ArticleDecumulation Challenges and Solutions for Plan Members: Three Takeaways
Decumulation, the concept of income for life, can be considered “the nastiest, hardest problem in finance,” according to William Sharpe, a Nobel prize winner in Economics. The concept is challenging...
View ArticleStudent Loan Repayment Benefits: What Are The Options Now?
With the federal student loan relief plan ruled unconstitutional by the Supreme Court, more employers are expected to consider offering student loan repayment benefits (loan paydown) or 401(k)/403(b)...
View ArticleThe Dangers of Credit Illiteracy: Three Takeaways for Employees and...
Forty-five percent of employees find their debt level overwhelming. It is always on their mind, weighing them down, creating mental and physical health implications. Much of the struggle comes from...
View ArticleFrom Debt to Zen: Transforming Financial Stress to Financial Serenity
As 2023 comes to an end, many Americans are struggling to achieve the goal of living without financial liabilities as credit card debt in the U.S. hit a new record high, surpassing $1 trillion,...
View ArticleLegal & Legislative Reporter: Court Allows a Life Insurance Conversion...
Every month, the International Foundation releases the Legal and Legislative Reporter, a compilation of new employee benefits-related case summaries. Below is a summary we thought you’d be interested...
View ArticleSupporting Lower Income Employees
Many employers have increasing numbers of lower income employees who may struggle with day-to-day issues of transportation, housing, food insecurity and inadequate health care. Employers can support...
View ArticleStudent Loan Repayment and Financial Wellness Benefits: What’s New?
Student loan repayment has been more top-of-mind in recent weeks with President Biden’s announcement on February 21, 2024. The Department of Education emailed 153,000 borrowers that student loans were...
View ArticleEducating DC Plan Participants for the Long Hike to Retirement
Many years ago, I visited Grand Canyon National Park with my mom and aunt. It was unseasonably hot, but I wanted to walk down into the canyon on the Bright Angel Trail. My companions were not up for...
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