Financial Wellness

The dramatic downturn in the financial markets spurred by concerns about COVID-19 is reminiscent of the Great Recession of 2008. But we’ve learned some lessons since then. Those close to retirement and watching their IRA or 401(k) values drop may have a silver lining.

Amanda Clayman, a licensed psychotherapist and financial wellness advocate for Prudential, offers some guidance on managing financial decision-making and maintaining well-being in the current climate.

With the stock market now in bear market territory, many families with college on the horizon have experienced painful losses in their 529 plans and Coverdell accounts. Here are some considerations if you are worried about managing college expenses.

As America Saves Week kicks off on Feb. 24, Prudential Financial, Inc. is supporting our government’s call for retirement readiness.

NEWARK, N.J., February 13, 2020 - Recognizing the negative impact of household debt on long-term financial security and retirement readiness, Prudential (NYSE:PRU) is partnering with national nonprofit GreenPath Financial Wellness to introduce debt management advice and tools to its growing suite of workplace financial wellness solutions.

Deserie Rubio is one of a handful of Spanish speakers who handle between 12,000 and 15,000 calls a day from participants in retirement plans managed by Prudential's Enabling Solutions U.S. Business Contact Center in El Paso, Texas. 

Amanda Clayman, certified financial therapist and Prudential’s financial wellness advocate, recommends five ways to establish healthy money habits in 2020.

Helping people overcome barriers to financial security will require innovative thinking and full cooperation among government, private- and public-sector companies and not-for-profit organizations. 

The Setting Every Community Up for Retirement Enhancement (SECURE) Act will—among other outcomes—increase access to retirement plans for small business workers through open Multiple Employer Plans.

Historic low unemployment paints a rosy view of the U.S. labor market. But a new survey reveals workers still have anxieties around career opportunities, job security and having the right skills for the jobs available.