What Financially Stressed 401k Participants Really Cost Employers

Studies show employers who offer wellness benefits to employees see an increase in efficiency in the workplace, in addition to higher levels of productivity and satisfaction.

More than 50 percent of people indicate that they are stressed about their finances and slightly less spend between one and three hours weekly distracted by their finances at work.

Financial education alone is no longer considered an adequate solution and with both Boomers and Gen Xers inching closer to ‘normal’ retirement age, it’s time we think about this problem differently—along with a viable solution.

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https://401kspecialistmag.com/what-financially-stressed-401k-participants-really-cost-employers/#.W0y-ANJKguU

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