Financial Wellness

Dispelling the myths around structured settlements is one of Michelle Caine’s primary goals as she assumes the presidency of the 35-year-old National Structured Settlements Trade Association.

Caroline Feeney, head of Prudential Financial, Inc.’s Individual Solutions Group, talks with Ellevate CEO Kristy Wallace for an important conversation on Equal Pay Day.

American workers are gravely concerned about their financial security, particularly in retirement. And they’re counting on both Congress and their employers to provide solutions.

As the nation recognizes Military Saves Week this week, the Nelsons offer an example of how military caregivers can find the financial help they need to plan.

As America Saves Week kicks off Feb. 25, Prudential is calling on employers to consider adding an after-tax emergency savings feature to their 401(k) plans to help workers save for unexpected expenses.

Researchers have warned for years that many Americans lack the emergency savings to cover even a relatively brief disruption of their income. Few events have provided a clearer real-world test of that assessment than the recent 35-day partial government shutdown.

Unemployment is at its lowest point since 1969 and job openings are at a 17-year high, according to the Bureau of Labor Statistics. With a tightened labor market the competition for candidates with the right skill set is soaring. Yet, many workers lack the skills necessary to pursue new opportunities, suggests a new survey from Prudential Financial, Inc.

NEWARK, N.J., December 11, 2018 - Bright spots and areas of optimism exist within traditionally underserved groups in the face of income inequality, retirement insecurity and household debt, new data from Prudential Financial, Inc. (NYSE: PRU) reveals. The in-depth exploration of data from Prudential’s Financial Wellness Census™ highlights the dramatic differences in the experiences of diverse populations within the U.S., many of whom were disproportionately impacted by the 2008 financial crisis.

They call Alaska “The Last Frontier” for good reason. For most Americans, the 49th state evokes a frigid wilderness capped with electric-blue glaciers and frozen tundra, with spruce forests overrun by grizzly bears and crystal-clear rivers swimming with salmon. For the Braccos, a military family that was relocated from El Paso, Texas, to Fairbanks a year ago, it’s the polar opposite of everything they’ve ever known.

Prudential's fourth American Workers Survey, conducted in September, found that American workers believe the business community is among the best-suited to provide the financing needed to help their communities thrive—with small businesses and large employers ranking ahead of state government, individual community members and federal government.