financial education Archives - Word on Benefits

Implementing a Practical Financial Wellness Program

Anne Newhouse, CEBS

14 Nov 202414 Nov 2024

The global workforce is rapidly changing due to a complex combination of trends, including an aging population, an increased reliance on technology, changes in customer and individual preferences, and flexible work opportunities, to name just a few. These global changes are also […]

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Employee Retirement Security Awareness

Amanda Wilke, CEBS

28 Aug 202428 Aug 2024

Retirement is a milestone for employees that requires careful planning. Unfortunately, many employees have fallen behind in their retirement savings goals, leading to feelings of insecurity about retirement and an increase in stress and anxiety impacting their engagement, morale and productivity. Even […]

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Educating DC Plan Participants for the Long Hike to Retirement

Kathy Bergstrom, CEBS

16 Apr 202416 Apr 2024

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 the hike, so I […]

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Student Loan Repayment and Financial Wellness Benefits: What’s New?

Anne Newhouse, CEBS

19 Mar 202426 Mar 2024

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 being discharged for those enrolled in the Saving on a Valuable Education (SAVE) […]

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Can Emergency Withdrawals Replace Emergency Savings?

Jonas Leyrer, CEBS

07 Dec 202307 Dec 2023

One of the first pieces of advice every personal finance guru will give you is “build up your emergency savings.” The advice has become as ubiquitous as it is effective. An emergency savings account (usually set at 3-6 months of a person’s […]

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From Debt to Zen: Transforming Financial Stress to Financial Serenity

Tim Hennessy

20 Nov 202320 Nov 2023

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, according to the New York Federal Reserve Bank. […]

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

Amanda Wilke, CEBS

09 Nov 202309 Nov 2023

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 […]

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

Guest Contributor

22 Jun 202307 Sep 2023

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 […]

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That’s the Way Financial Caregiving Goes

Stacy Van Alstyne, CEBS

06 Jun 202306 Jun 2023

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 night’s sleep. A good night’s […]

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Q&A’s for National Financial Capability Month

Anne Patterson

25 Apr 202325 Apr 2023

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 goal being, of course, to help ensure the financial and retirement security of workers and […]