Employee Education
Why Men Have 7x More Saved For Retirement…
…And seven steps women can take to make sure they are financially secure.
“Women on average make only $0.82 for every dollar a man makes, but when broken down the wage gap reveals additional complexities relating to race, education and other socioeconomic factors,” writes Elizabeth Gravier. “When it comes to saving for the future, women’s average total retirement savings is just $23,000, whereas men’s average total retirement savings is over three times higher at $76,000.” Read more to see seven steps women can take today to become more familiar with their finances and improve their relationships with money.
Feel You Haven’t Saved Enough For Retirement? Here’s Help!
“Experts say you should have 10 times your income saved to retire by age 67—here’s what to do if you aren’t yet there,” says Elizabeth Gravier. If you’re concerned about what to do if you’re nearing retirement and haven’t saved enough, read more about what you can do.
A Silver Lining
An unexpected surprise: thanks to COVID-19, the IRS now allows employees to make changes to their healthcare and FSA choices. Read more.
Working From Home?
If you’ve worked from home most of this past year, here’s what you need to know about how it may affect your taxes. Read more.
20 IRA Mistakes to Avoid
IRAs are incredibly useful investment tools for most to help save for retirement. From contributions to conversions to distributions, don’t fall into these traps – read more.
Tough Times For Retirement Savings Goals
If it’s feeling especially challenging to stick to your retirement savings goals, you’re not alone. Read more from Sharon Epperson.
