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Can I Use Life Insurance as a Retirement Plan?

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But did you know that, in some cases, life insurance can also be a savings tool to help you supplement income from your retirement plan? A life insurance retirement plan (LIRP) can help you add to your retirement savings, but it shouldn’t be the only way you save for retirement. How does it work?

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Offering Financial Literacy Benefit Programs Could Save Businesses $40 Billion

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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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7 Tips to Help You Plan for Retirement

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Retirement planning is usually the most significant financial goal people will work toward. No matter where you are in your career, considering how to plan for retirement is essential so you can spend your golden years on your terms. Determine how much income you’ll need to plan for retirement.

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What Is a Health Savings Account?

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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? Benefits of an HSA.

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How Financial Wellness Programs Can Benefit Employees and Employers

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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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Younger Generations are Gravitating Toward Freelancing

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This is a stark departure from the reported 44% of Americans over the age of 35 who consider “making it” as having enough money for retirement. The data also reveals that 59% of U.S. The younger generation’s pursuit of career independence is not just a fleeting trend.

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

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Tools such as the Loneliness at Work Scale offer insight into various dimensions of loneliness, enabling preemptive measures to be taken. Enhance Communication Platforms: Invest in improved tools and platforms to strengthen communication and collaboration among remote or distributed teams.

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