Employers offer financial education benefits to help workers handle money concerns beyond retirement planning
Publishing timestamp: 2023-04-03 14:23:16
Summary
The article discusses the importance of non-retirement financial benefits in the workplace, such as employee assistance programs (EAPs) that offer support for workers facing financial challenges. Research shows that employees who have access to financial education and tools are more likely to increase savings and feel less overwhelmed by debt. However, providing these resources through the workplace may not reach the most vulnerable employees. The article features a personal story of an employee who benefited from Verizon's EAP and highlights the importance of financial education and planning.
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Keywords: jobs, labor economy, financial planning, personal finance, social issues, personnel, business news, corporate bonds, verizon communications inc, personal loans, retirement planning,