Financial wellness

Prudential is partnering with the American College of Financial Services to educate Black individuals on financial wellness.

To ensure their employees' financial wellness, emphasizing financial literacy is key.

Employees are more likely to be debt free when they have a financial strategy in place.

Lack of financial preparedness and use of benefits are costing workers at all levels.

Northwestern Mutual surveyed 2,740 Americans on their expectations for the U.S. economy in 2023.

High debt, paired with persistent income inequality, has left LGBTQ employees unprepared for retirement.

As their financial confidence grows, women want to help others succeed, too.

Employees lack confidence that the money they saved will actually financially support them through their retirement.

Just 2.1% of plan participants took out a 401(k) loan in Q4 of 2022, and 0.4% utilized a hardship distribution to deal with financial challenges.

As more workers find themselves in a desperate financial mindset, employers should take the time to educate them on all the ways there are to save.