The physical, emotional and financial stressors of the global COVID-19 pandemic continue to put pressure on workers and their families. Now, employers are looking to address the financial health of their workforce with tools and resources employees can use to help reduce financial stress and improve overall employee wellbeing. According to the 2021 Retirement Survey Report, 67% of employers have either launched a financial wellbeing program or are considering this benefit.
With the SECURE Act (1.0 and proposed 2.0), the Appropriations Act, and other legislation, regulations, and litigation, new developments keep ERISA fiduciaries constantly on their toes. The 2021 Retirement Survey Report provides detailed information and insights on how organizations responded to the impact of COVID-19, including addressing employee financial stress, managing their fiduciary responsibilities, limiting fiduciary liabilities, evaluating plan design and more. Market trends and insights are broken out by region, organization size and industry.
Complete the form below to access a preview of the 2021 Retirement Survey Report – U.S. Edition.