The Financial Wellness Side of SECURE 2.0
Experts at a PLANADVISER webinar discuss how SECURE can push forward more than just retirement savings.
Tag: emergency savings
How to Guide Retirement Savers in 2023
Advisers and plan sponsors should encourage savers to focus on opportunities from the Secure 2.0 Act and on building up...
Employers Working to Address Growing Concerns for Emergency Saving
HR leaders are struggling to manage the array of employee stressors related to a lack of emergency funds.
Most Advisers Seeking Options Like HSAs, 529s to Compete for New Plans
Advisers are most interested in adding HSAs, 529s and emergency savings accounts to their offerings, according to a survey by...
Delta Taps Fidelity to Run New Emergency Savings Program
Starting in January, Delta will give eligible employees up to $1,000 toward an emergency savings account if they complete a...
Implementing SECURE’s Emergency Savings Provisions
Emergency savings options within retirement plans will finally be possible in 2024. But implementing them will require work that might...
SECURE 2.0 Passes Senate as Industry Overwhelmingly Hopes for House Passage
The bill, which is awaiting House vote, contains the most popular provisions while also giving time for actors to come...
SECURE 2.0 Bill Contains Popular and Widely Anticipated Retirement Reforms
Legislation now needs Congressional approval, along with the budget, and the president’s signature this week.
Expert Consensus: SECURE 2.0 May or May Not Pass
Passage of the final bill depends on whether Congress can pass an annual budget.
A Closer Look at the Emergency Savings Provisions in SECURE 2.0
Research shows ESAs can increase investment in retirement savings accounts, but Senate bills involved in SECURE 2.0 package contain different...
Plan Design / Cover Story
Balancing Act
How advisers can help participants prioritize their savings, with retirement in mind.
Alerus Makes Emergency Savings Accounts Available for Retirement Plan Participants
Participants save via employer payroll deductions and interest is paid monthly.
Could ‘Buy Now, Pay Later’ Trend Weaken Savers’ Financial Wellness?
Some ‘buy now, pay later’ services promise no interest or fees and no impact on a consumer’s credit score—but that...
Pandemic’s Wake Draws Emergency Savings Accounts Into Focus
The pandemic and its impact on the global workforce have underscored the importance of—and increased demand for—a backup plan for...
RISE & SHINE Act Markup Scheduled
Lawmakers will convene an executive session to mark up the RISE & SHINE Act on June 14, according to a spokesman from the Senate...
Milliman Partners with SecureSave on Emergency Savings
According to the firms, employees with access to SecureSave save an average of $103 a month towards an emergency savings account.
Transamerica Latest to Add Emergency Savings Accounts
The solution, which aims to help employees save for unexpected events that may impact their retirement security, is being rolled out via new relationships for the firm with...
Report Offers Considerations for Using Retirement Plans to Help With Emergency Savings
Roth and after-tax accounts could be used to facilitate emergency savings, with certain considerations about the cost of accessing funds...
Improving Outcomes | Emergency Funds
Life Happens
When participants have no choice but to draw from their retirement plan.
Financial Wellness Trends Shine a Light on Employee Needs
Areas of focus have shifted during the pandemic and will define trends for the new year.