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Financial Planning Tips for Older Women

Money Talk

I recently taught a 90-minute personal finance class for women age 50+. saving for later life in an IRA or 401(k) plan) while older women need “through retirement” goals. Retirement Spending - Expenses likely to increase in later life include medical/dental expenses, health insurance premiums (e.g.,

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Can Farmers Ever Afford to Retire?

Money Talk

401(k), 403(b), 457 plan, and thrift savings plan), and other employer benefits (e.g., health insurance). This post provides general personal finance or consumer decision-making information and does not address all the variables that apply to an individual’s unique situation.

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Can Employers Help Employees Save (or Save More)?

AssuredPartners

Earlier adopters of 401(k) plans, Generation X workers are saving for retirement, but many may fall short. Despite 81% participating in an employer-sponsored 401(k) or similar plan, only 22% of this generation’s workers are “very” confident they will be able to retire comfortably. Employer Support.

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It’s Time for a Mid-Year Financial Check-Up

Money Talk

Last year, I wrote a blog post about mid-year financial check-up s for the OneOp Personal Finance team. This post describes eight more areas of personal finance for a mid-year review: ¨ Expense Projection Analysis - Now is the time to “do the math” for expenses anticipated in late summer or fall. . 401(k) or 403(b) plan).

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5 Benefits to Help Employees Cope with Inflation

Best Money Moves

According to BenefitsPro, 82% of HR executives are concerned that their employees’ personal finance issues affect workplace productivity. . A few great ways for employers to assist employees are auto-enrolled retirement plans and increasing 401(k) contributions. Health Care Assistance.

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Importance of Educating Gen Z Workers on Benefits

InterWest Insurance Services

To help these new recruits get the most out of the benefits you offer, you can start by focusing on the following: School them on health insurance. To many new Gen Z recruits, signing up for health insurance and actually using their benefits is a foreign concept. Financial wellness. Most students in the U.S.

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Building Understanding Ahead of Open Enrollment Across Generations

PeopleStrategy

Offer a Flexible Benefits Package: Consider providing a core set of benefits that meet the basic needs of all employees, such as health insurance and retirement plans. Customizable Health Plans: Provide a range of health insurance plans with different coverage levels and costs.

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