New analysis of Empower Retirement data reveals that very few people take advantage of their plan’s self-directed brokerage window.
Empowering America’s Financial Journey carefully analyzes the behavior of approximately 4 million active defined contribution participants.
Almost three-quarters (73%) of people of color say the concept of financial health needs a makeover.
Employees are clear that financial wellness is an important goal — one that they’d like to achieve.
Based on this analysis, participants do not consider managed accounts to be substitutes for target date funds.
Individuals associate a wide range of non-financial aspects with financial wellness.
First responders shared with us how their stories of strength have shaped the way they’re protecting their future and preparing for tomorrow.
Almost half of savers say financial terms make them hesitant to talk about money. Using the right words is especially critical in financial matters.