Employees
One in three employees ramped up their retirement savings last year, according to a study by Fidelity Investments. Women and Gen Z, demographics that Employer contributions significantly helped these workers plan for the future; individuals receiving employer matches to their retirement fund experienced savings of 11% for 403(b) accounts and 13.5% for 401(k) accounts.
“Last year was challenging and we still may have rough patches ahead, so it’s more important than ever to stay the course and keep focused on the key steps that will help investors reach their retirement goals,” Kevin Barry, president of workplace investing at Fidelity Investments, said in a statement.
Employers have been taking a more holistic approach to employee wellness and recognize the important role they can play in helping employees secure their financial future. Employees are looking for more than just a 401(k) match. Scroll through this list to learn about a host of programs, legislation and advice that will help workers successfully plan for a secure retirement: