financial wellness Archives - Page 2 of 3

Five Reasons Why Cryptocurrencies Can Present Serious Risks to 401(k) Fiduciaries and Participants

Jenny Gartman, CEBS

28 Apr 202228 Apr 2022

On March 10, 2022, the Department of Labor’s Employee Benefits Security Administration (EBSA) released compliance guidance that cautions plan fiduciaries to exercise extreme care before they consider adding a cryptocurrency option to a 401(k) plan’s investment menu for plan participants. The guidance […]

Evaluating Gene Therapy Financing Programs

Kathy Bergstrom, CEBS

29 Mar 202229 Mar 2022

Gene therapies for rare health conditions have the potential to vastly improve or even save a health plan participant’s life, but they often come with a high price tag, sometimes extending into the millions of dollars. In one example, a treatment for […]

Communication Cybersecurity Employee Benefits Financial Education Financial Wellness

Should You Invest in Cryptocurrency?

Alyssa Hodder, GBA

05 Nov 202105 Nov 2021

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 […]

Canada Diversity and Inclusion Employee Benefits Financial Education Financial Education (Canada) Financial Education (U.S.) Financial Wellness U.S.

Eight Financial Wellness Strategies for Reaching the Financially Vulnerable

Kathy Bergstrom, CEBS

20 Sep 202117 Feb 2023

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 […]

Canada Defined Contribution (DC) Plans Employee Benefits Financial Wellness Retirement

Variable Benefits—Have We Reached Critical Mass?

Bryan Zoran, CEBS

26 May 202125 May 2021

Defined contribution (DC) plans are focused on saving for retirement. But from a plan member’s perspective, what’s missing is how to effectively manage and spend these savings during retirement. In the recent webcast, Are Variable Benefits the Right Solution for Your DC […]

Employee Benefits Financial Education Financial Wellness U.S.

Financial Well-Being of Underrepresented Women

Anne Patterson

26 Mar 202125 Mar 2021

The Talking Benefits team couldn’t let Women’s History Month end without sneaking in one more episode for you. For the past several years, the International Foundation has strategically focused on the topic of financial wellness and how employers can provide financial education […]

401(k) Plans Defined Contribution (DC) Plans Employee Benefits Employee Benefits Survey Financial Education Retirement U.S.

The State of Defined Contribution Retirement Plans in 2021

Justin Held, CEBS

24 Feb 202124 Feb 2021

The number of organizations offering defined contribution (DC) retirement plans has increased over the past two years, making them the primary retirement vehicle for an increasing share of the U.S. workforce. The International Foundation’s 2020 Employee Benefits Survey showed that 87% of […]

Canada Employee Benefits Financial Education Financial Education (Canada) Financial Wellness U.S.

Using Financial Education to Overcome Inequalities

Robbie Hartman, CEBS

17 Nov 202017 Feb 2023

“The well-known business argument for financial wellness programs is the payback of at least $3 for every $1 invested by increasing worker productivity and retention,” said Rebecca Sudano, senior vice president and partner with BDO Canada Limited. In addition, financial wellness programs […]

Coronavirus (COVID-19) Employee Benefits Financial Education Financial Education (U.S.) Financial Wellness U.S.

COVID-19 Highlights the Need for Workplace Emergency Savings Programs

Kathy Bergstrom, CEBS

20 Aug 202017 Feb 2023

About 31% of people in the United States have faced negative economic impacts from the COVID-19 pandemic, according to a recent report from the Commonwealth Fund. Those economic effects include being unable to pay for basic necessities like food, heat or rent, […]

Coronavirus (COVID-19) Employee Benefits Financial Education

Three Steps to Help Employees Improve Their Financial Standing

Robbie Hartman, CEBS

02 Jun 202004 Jun 2020

Financial concerns—including potential job loss, income reduction, and gaps in retirement and emergency savings—were rampant among U.S. and Canadian workers even before COVID-19, but the economic challenges of this global pandemic have greatly increased the uncertainty. Employers and plan sponsors can help […]