In an evolving corporate landscape, employee benefits packages have taken center stage in pursuing financial resilience, productivity, and retention within the workforce. The narrative has changed with the introduction of the Setting Every Community Up for Retirement Enhancement (SECURE) Act 2.0, expanding pathways for retirement savings and setting a new precedent for financial wellness initiatives. […]
Building the Benefit Matrix of Financial Wellness in the Workplace
In the ever-evolving landscape of employee well-being, the intersection of financial health and workplace dynamics has taken center stage. Matt Bahl from the Financial Health Network, Rachel Schneider representing Canary, and Ernesto Boada of the Sunny Day Fund share their collective wisdom to sheds light on the critical importance of addressing financial well-being within the […]
How to Become an Agent of Positive Change: ASPPA 2023 Insights
Attending the annual conference for ASPPA (American Society of Pension Professionals and Actuaries) gave us a peek into the world of administering retirement plans and the challenges faced by both participants and professionals in the field. One of the key takeaways from the conference was the surprising prevalence of legacy practices among Third-Party Administrators (TPAs) […]
Debt and Savings: Focus Areas for Employee Financial Wellness in 2024
Earlier this Fall, we had the chance to discuss consumer debt with Andy Manthei from the Business Development team at GreenPath Financial Wellness, and Kevin Bove, a Senior Financial Advisor at HB Retirement. Andy and Kevin offered insights into current debt trends, especially in this unprecedented environment of rising interest rates and the return of […]
What We Learned from BlackRock’s Emergency Savings Research
Emergency savings remain one the strongest predictors of financial well-being. However, many Americans face challenges in actively building an emergency fund or saving at all. The resulting poor financial well-being also impacts mental and physical health. In the recently released Financial Health Pulse 2023 U.S. Trends Report, 40% of those who reported fair or poor […]
Sunny Day Fund Welcomes Former Workday Executive Boada to Lead Technology
Ernesto Boada, former Senior Vice President and Interim Chief Information Officer at Workday and former Chief Technology Officer at Western Union, joins workplace savings startup Sunny Day Fund as its Co-Founder & Chief Technology Officer. “After working in the technology sector for over 25 years with major companies like Workday, Visa, Intuit, and Western Union, […]
