financial literacy

The Dangers of Credit Illiteracy: Three Takeaways for Employees and Organizations

Amanda Wilke
 

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 employees not understanding how credit and debt work together. Credit is the […]

Magazine Extra: 7 Questions to Ask Before Rebooting Your Financial Wellness Plan

Guest Contributor
 

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 ifebp.org/benefitsmagazine to see the latest Magazine Extra as well as the bimonthly print […]

Money Savvy Kids: How Plan Sponsors Can Help Build Financial Capability for Families

Kathy Bergstrom, CEBS
 

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 audience, however, that employers may not typically consider for financial education is […]

Workers Are Stressed Out About Money: 5 Tools to Help

Cara McMullin
 

The uncertain financial world of today is increasing the concerns of an already stressed workforce. A new International Foundation of Employee Benefits Plan study, Workplace Wellness and Financial Education Programs: 2022 Survey Results, indicated that the personal factor most impacted by financial […]

Should You Invest in Cryptocurrency?

Alyssa Hodder
 

What are the risks and rewards of investing in cryptocurrency? A recent International Foundation webcast featuring Giles Anderson, director, sales and relationship management with Fidelity, and Philipp Meyer-Brauns, head of investment solutions analytics and vice president with Dimensional, explored some of the […]

Eight Financial Wellness Strategies for Reaching the Financially Vulnerable

Kathy Bergstrom, CEBS
 

Financial wellness programs have gained prominence as an employee benefit and can be effective in reducing financial stress among workers. But it’s not always that easy to get employees to use them. That’s particularly true among populations that have a greater incidence […]