Health and Wealth

Explaining The Benefits of an HSA by Robert Powell

When it comes to saving for healthcare expenses in retirement, there are few better options than a health savings account (or HSA). Because HSAs are relatively new (2003), many employees either do not know or are misinformed about their benefits; however, the triple-tax advantage of an HSA makes it worth…

Making the Health-Wealth Connection in Financial Wellness Programs by Robert Powell

Most financial wellness programs are focused on helping employees spend less, saving more wisely, and learning about different financial opportunities available to them. Possibly the most important goal included in these programs is encouraging employees to save toward goals such as retirement, children’s education, and emergencies. But few programs are…

Five Financial Wellness Trends by Michaela Savell

Workers and employers definitely share one similar goal: financial stability.  But the key to solving this concern may be easier than ever before. By implementing simple and behavior based modifications as the driving force of wellness, employees can gain financial and physical stability. Studies show that nearly 6 in 10…

Financial Wellness: A Path to Improved Employee Performance, Health and Savings by Bob Powell

Today, nearly 6 in 10 employees (59%) worry about their future financial state. This deteriorating financial well-being is also having a negative effect on employees’ productivity, engagement, and health. Financial instability is one of the primary causes of employee stress, and many studies indicate there is a definitive link between…

The Benefits of Providing Financial Education for Your Employees by Bob Powell

Numerous studies examine the effects that financial stress has on employees in the workplace.  Most notably, these include reduced worker productivity, increased absenteeism, and increased requests for salary advances and hardship withdrawals from company 401(k) programs. Like other forms of stress, financial stress places physical tension on an employee’s body,…