Employers are in a unique position to help workers reduce stress during tax time which can boost productivity, mental health, and wellness. The deadline to file this year is April 18. — Employers are in a unique position to help workers reduce stress during tax time which can boost productivity, mental health, and wellness. The deadline to file this year is April 18. “Many people feel overwhelmed when faced with filing taxes, which can lead to anxiety, guilt, and shame,” Joyce Marter…

“A number of factors appear to be holding women back, including the difficulty women currently have in trying to combine their careers with other aspects of their lives, including caregiving. In looking to solutions, we should consider improvements to work environments and policies that benefit not only women, but all workers,” says Treasury Secretary Janet Yellen. — Treasury Secretary Janet Yellen: “One recent study estimates that increasing the female participation rate to that of men would raise our gross domestic product by 5 percent. Our workplaces and families, as well as women themselves, would benefit from continued progress. However, a number of factors appear to be holding…

TrustPlus’ data suggest an association among being lower income (especially very low income), being Black or African American, and having collections debt. — As Black History Month 2023 comes to a close, we are inspired to year-round celebration, reflection, and action. Smart business leaders are acting too, increasingly investing in debt and credit benefits which boost wellness and productivity, and economic equity.

TrustPlus offers fintechs the human connection and expert guidance that drives product engagement and impact. — At our core TrustPlus is designed to unite fintech with the human connection and expert guidance that drives optimal product engagement. Leading innovators in the space like neo-bank Dora understand this axiom, and our new partnership will contribute to the growing body of research that proves it.

90 new provisions in the Consolidated Appropriations Act of 2023 signed into federal law at the end of December are designed to encourage employers to offer more robust retirement options and employees to take full advantage of available retirement benefits. Popularly known as SECURE 2.0, these provisions have the potential…

“Money is a major source of stress on people, and what tax season does is shine a great big spotlight on the issue,” says Michael McKee, a Cleveland Clinic psychologist and former president of the U.S. branch of the International Stress Management Association. — It’s that time of year again. Tax season! For many of your employees it’s a time of heightened stress: “Money is a major source of stress on people, and what tax season does is shine a great big spotlight on the issue,” Michael McKee, a Cleveland Clinic psychologist and former…

Employers can maximize employee financial health and productivity through Personal Finance Coaching — Rising financial concerns among younger generations of workers are forcing them to take “drastic measures to bring balance to their lives,” according to Prudential Financial, Inc.’s latest Pulse research survey, “Generational Gap Grows: Work & Money Outlook Divided.” If the current trajectory holds “their outlook is bleak,” according to the…

A new brief from the Financial Health Network suggests that “financial coaching is unique in offering personalized and objective guidance” and that “there is demonstrable evidence that financial coaching improves financial well-being and changes financial behaviors.” A new resource is available for all businesses and organizations who are interested in…

Research from Bank of America, Morgan Stanley, Mercer suggests 2022 marks an epochal change in employers’ and employees’ attitudes about financial health benefits. — Research from Bank of America, Morgan Stanley, and Mercer suggests 2022 marks an epochal change in employers’ and employees’ attitudes about financial health benefits. From “nice to have,” to necessary to compete, to competitive advantage, financial health benefits are on the rise as a key ingredient in the recipe for…