401(k) Day: Employer best practices to bolster support for employee retirement planning goals

401(k) Day: Employer best practices to bolster support for employee retirement planning goals

As workers contend with the rising cost of living and the associated stress of managing their finances, retirement planning is being put on the backburner. A recent study by Lincoln Financia l Group, 2023 Wellness@Work. has revealed that 68% of participants say they are saving less than what is needed and 65% say it would be difficult to save more.

Competing financial priorities is a factor, and so is confidence in retirement planning and decision making. Surveyed participants who are confident about their ability to make retirement decisions are two times more likely to be contributing more than 15% of […]

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