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Financial Wellness Benefit

Although more than 80 percent of employers have plans to offer financial wellness benefits, many employees are not taking advantage of the opportunities they present, according to Forbes. These programs provide services like one-on-one coaching, workshops, webcasts, and online support discussion groups to help provide direction for workers at every stage of their life and career for retirement, savings, and healthcare.

Research on participants in these programs, carried out by Financial Finesse, showed that they were twice as likely to be on course for retirement, better insured, financially healthier overall, and only half as likely to experience unmanageable financial stress compared to those that didn’t take advantage of the benefit.

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