Retirement

Rising drug costs are plaguing employers and their workers. These techniques can bring relief.

According to a recent Cerulli study, more than half of retired 401(k) participants say Social Security is their primary source of income. At the same time, only 6% of millennials predict they will rely on those funds when they finish their careers.

CEO Virgílio Bento explains how AI and a dedication to patient care have allowed the company to adopt outcome-based pricing.

Updating benefits to include things like automatic enrollment and savings tools can improve employees' financial wellness.

Key strategies include seeding emergency savings to cover six months' worth of expenses with the help of a financial adviser and matching contributions.

Employees in the agriculture, mining and construction industries have an average of $185,511 in retirement savings.

The Goldman Sachs 2024 Retirement Survey & Insights Report found that while competing priorities affected workers' ability to save, having a plan in place helped clarify goals and the grit required to meet them.

Understanding the Letter of Medical Necessity guidelines and process can save valuable time and quicken communication with employees who need them.

Most companies that offer to match employees' 401(k) contributions offer a match of between 3.00% and 4.99% of their employee's pay.

Mounting pressure to manage the competing demands of school-related expenses and ensuring a family's long-term financial stability can lead to stress and anxiety.