With COVID-19 still a top employer concern, protecting workers’ health and well-being naturally comes first. But the pandemic’s impact isn’t limited to only physical and mental health: financial wellness is also ailing. The crisis has exacerbated the problem, but it’s not exactly a sudden occurrence.
Participants’ confidence in their financial outlook has been relatively low for years. More recently, financial challenges from the COVID-19 crisis have made the situation for many even more uncertain. That’s why plan sponsors—and employers in general—now have an opportunity to connect with employees on financial topics that span more than just retirement planning.
You can now read the full whitepaper at the link below
