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What Is a Health Savings Account?

Success

Health savings accounts, or HSAs, are tax-advantaged savings opportunities for people with a high deductible health plan. On this week’s episode of the rich & REGULAR podcast, Julien discusses his decision to have a vasectomy, and shares some more information on health savings accounts. What is an HSA? HSA drawbacks.

Health 278
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Offering Financial Literacy Benefit Programs Could Save Businesses $40 Billion

Allwork

High financial stress among employees, including those with high incomes, can lead to mental and physical health impacts, which cost businesses in lost productivity. Employers can play a key role in promoting this literacy by providing access to resources, tools, and education that empower workers to make informed financial decisions.

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Older people less keen on early retirement than younger generations

Workplace Insight

Early retirement is a specific life goal for 65 percent of working-age adults around the world, with 70 percent of Gen Z employees (the highest proportion of any generation) actively working towards this aspirational goal. The way in which people view retirement, and particularly early retirement, is wildly different around the globe.

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How Financial Wellness Programs Can Benefit Employees and Employers

Success

Gone are the days when new employees received a list of the company holidays during onboarding and a packet with information about how to sign up for health care and retirement benefits. As with benefits focused on mental health, interest in financial wellness has increased since the onset of the pandemic, he adds.

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The Silent Crisis Of Workplace Loneliness: 9 Ways To Foster Genuine Connections At Work

Allwork

Employers can use this scale to check on employees during transitional periods (such as parenthood, relocation, divorce, and retirement), as significant life changes often correlate with increased loneliness. In acknowledgement of loneliness as a significant public health issue , the U.K.

Health 289
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4 Smart Money Moves to Plan for Financial Security

Success

They don’t have a purpose for the money they’re saving, and they often end up splurging on stuff they don’t really need (or want) rather than using it to fund a life goal such as buying a house or saving up for retirement. Start a retirement plan. You’re young, and retirement probably feels light-years away.

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The 10 Best Books on Personal Finance

Success

Retire Before Mom and Dad: The Simple Numbers Behind A Lifetime of Financial Freedom. In Retire Before Mom and Dad , Berger breaks down his easy-to-understand tips to help readers begin their journey toward understanding the world of finances. And what steals away more of our time than work?

Finance 246