Record credit card debt is a drain on workers, employers
Sophisticated employers are rolling out financial wellness benefits to help employees manage debt and strengthen credit, with their employees’ wellness and the bottom line in mind. [...]
Medical debt is a growing problem for workers
New research from Neighborhood Trust and RIP Medical Debt offers insights on workers’ medical debt challenges and recommendations for employers. Alarming results of new research [...]
Administration asks employers to extend enrollment periods for group health plans for workers losing Medicaid coverage
3.8 million workers who are expected to lose Medicaid coverage are eligible for health insurance through their employers: “…it is in the interest of employers to ensure that their [...]
What employers should know about Secure 2.0, student loans, and retirement
The financial stress of student loan debt takes a toll on workers’ physical and mental health and productivity, and your bottom line or social impact. Secure 2.0 makes it [...]
Why employers should care about homeownership
June is National Homeownership Month. The stability, affordability, and predictability of costs that come with homeownership can make workers more productive, yet systemic racism sustains the stubborn Black-white homeownership [...]
3 steps to prepare for making federal student loan payments again
The federal student loan payment moratorium is slated to end this summer. Call your servicer now; pick the repayment strategy that works best for you; and start setting aside [...]
How to negotiate with a debt collector
Household debt recently hit a record high and roughly 64 million people have debt in collections which can hamper credit, financial, physical, and mental health for years. TrustPlus Personal [...]
Rising household debt is a growing problem for employers
To help solve it, this Mental Health Awareness Month, organizations should incorporate Personal Financial Coaching into their mental health benefits, recognizing the connections among worker financial and mental health [...]
Key levers for boosting employee financial health
Paying off student loan or credit card debt and having household income increase from less than $30,000 to $30,000+ cut the chances of becoming intermittently Financially Unhealthy by roughly [...]
Most of your employees are stressed about money
70 percent of people in the U.S. are stressed about their finances and 58 percent are living paycheck to paycheck including a majority of workers earning $100,000+. [...]
