How a Financial Wellness Program Can Improve Company Culture

5 Ways This Key Benefit Pays Off

Insight By
Mike Iley

Employers recognize that financial stress is taking a toll on their workforce — and the COVID-19 crisis has heightened stress levels. As such, growing numbers of companies are offering financial wellness as part of their employee benefits programs. Financial wellness helps improve employees’ fiscal well-being and reduces stress by providing the education and tools they need to help them successfully manage their money, prepare for unforeseen expenses and save for the future.

Financial wellness programs can deliver significant benefits for both employers and employees. Their positive impact can result in a happier, healthier workforce and a more profitable, productive business.

Insight By
Retirement Plan Consulting
Mike Iley
Vice President & Managing Director
File Number

3102958.1

Topic
Retirement Plans
Published on

May 27, 2020

updated on

May 27, 2020

Disclosure

This information was developed as a general guide to educate plan sponsors and is not intended as authoritative guidance or tax/legal advice. Each plan has unique requirements, and you should consult your attorney or tax advisor for guidance on your specific situation.

Securities and Investment Advisory Services offered through M Holdings Securities, Inc., a registered Broker/Dealer and Investment Advisor, member FINRA/SIPC. LoVasco Consulting Group is independently owned and operated.

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