This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
As the April tax filing deadline is nearing, Americas employees let out a collective groan. This isnt a comment on the economy or current tax policies. Tax season has always arrived with a jolt. Tax filing forces people to honestly assess their incomes, savings plans, and progress toward their financial goals.
As I noted last week , I slowly made my way since last December through over a dozen video recordings of presentations made at the 2023 Association for FinancialCounseling and Planning Education (AFCPE) Symposium. It does not endorse specific products or services and should not be construed as legal or financial advice.
Last week, I attended the virtual 2021 AFCPE (Association for FinancialCounseling and Planning Education) Symposium for financial educators, planners, counselors, coaches, researchers, and content creators worldwide. A tip to increase savings is to name your savings accounts for a specific purpose.
One of the great features of the annual Association for FinancialCounseling and Planning Education (AFCPE) Symposium is that AFCPE now makes video recordings of all of the breakout sessions and makes them available to attendees for a year. Not enough supporting medical evidence, 2. Failure to attend a scheduled medical exam, and 3.
Nevertheless, most people feel pessimistic about the economy in general and their own finances in particular. Unfortunately, nearly everyone is currently experiencing some level of financial anxiety. According to a recent survey by Capital One and The Decision Lab : 77% of Americans say they are anxious about their financial situation.
The additional financial security that employees feel when their retirement needs are taken care of can help reduce stress and improve office morale. However, the money added to the accounts does not have to stay in the account long-term and the cash taken from employee’s paychecks is taxed as income. Allow flexible time-off policies.
There are five basic contributors to financial wellness. Financialcounseling , especially from professionals, can help people understand and manage the first two. What employers offer for insurance and benefits packages is crucial for long-term financial wellness as retirement accounts and employer contributions come into play.
Understanding the Financial Literacy Gap Financial literacy is an area often overlooked in traditional education, leaving many employees grappling with the complexities of investments, stock markets, let alone basic savings accounts and emergency funds.
💡 45% of workers say their finances pose a distraction at work. Source : PwC ) What is financial wellbeing? Financial wellbeing refers to being secure and in control of your finances, both in the present and future. What are the tax implications of these benefits?
Employee assistance programs (EAPs) provide confidential counseling services to help employees navigate personal and work-related challenges. These programs often cover a range of issues, from stress management to financialcounseling.
Even the most rational person can fall victim to decision fatigue, leading to financial choices they might regret later. Why are employees drowning in financial stress? According to pwc, 60 % of full-time employees are stressed about their finances.
I recently returned home from the 2024 Symposium of my professional “home,” the Association for FinancialCounseling and Planning Education® or AFCPE®. This conference serves an amazing mix of researchers, practitioners, and educators whose work positively impacts the financial wellness of U.S. One in five makes six figures.
Will I get hit with a huge tax bill?” “How Nearly two-thirds of Americans don’t think their finances will improve this year , and three-quarters are anxious about their financial situation. There are many ways to promote financial wellness in the workplace , such as offering free financialcounseling or access to budgeting apps.
We organize all of the trending information in your field so you don't have to. Join 46,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content