Prudential Financial Wellness Census 2020: Explore the Data

September 17, 2018

One-third of Americans don’t have an accurate perception of their finances, Prudential’s Financial Wellness Census reveals

A third of Americans believe they are either better or worse off financially than they actually are, a new Prudential study says.

September 07, 2018

In love, but don’t want to get hitched? Think again, with your wallet

If it seems you’ve gotten fewer wedding invitations lately, it’s not your imagination. Marriage is declining, and not only among young couples. Those nearing retirement age are shying away from marriage, too. Unfortunately, those who never marry could find themselves without a financial safety net.

 

August 31, 2018

Prudential backs federal support of expanding Americans’ access to retirement savings

President Trump today signed an executive order directing the Labor Department to promote programs that enhance retirement security and expand access to workplace retirement savings plans for American workers.

August 29, 2018

Senators hear Prudential's stance on Financial Wellness

Vishal Jain, financial wellness officer for Prudential’s Workplace Solutions Group, told U.S. senators that legislation making it easier for Americans to save for retirement would go a long way to helping them ease mounting financial burdens.

August 21, 2018

A financial wellness case study: Prudential's own employees

The burden of saving for our own retirements, paying a larger share of healthcare costs, and coping with higher education and other debt is taking a toll on our overall health, research shows. Prudential’s partnership with Truven Health Analytics and its IBM Watson technology allowed Prudential for the first time to analyze employee financial stress over the last decade.

August 13, 2018

Six baby registry ‘must-haves’ for financial security

Congratulations, you’re going to be a parent! Time to create your baby registry. Babyletto or Sniglar? Vista, Yoyo or Bugaboo? The Boppy, Baby Bjorn or Keekaroo? You’ve chosen the right crib, stroller and accessories for your baby, but what comes next? For many parents-to-be, the most essential baby gift may be one that lasts beyond childhood—a gift to support a family’s financial well-being.

August 07, 2018

Will U.S. employees benefit from tax law? Finance executives say yes

More than seven months after the passage of the Tax Cuts and Jobs Act, many Americans are wondering if corporations will use their newfound capital to offer workers higher wages, enhanced benefits, and additional job opportunities. According to a new survey of senior finance executives, that’s exactly what many companies have in mind.

July 24, 2018

Emergency savings feature can help plan sponsors increase employees’ financial wellness, Prudential says

NEWARK, N.J., July 24, 2018 - Most Americans don’t have enough savings to cover unexpected expenses, tempting many to make the costly mistake of raiding their workplace retirement savings plans. Using after-tax contributions to an existing retirement plan to build savings that can be accessed to cover emergencies could help, according to Prudential Financial, Inc. (NYSE: PRU).

July 12, 2018

Three tax savings strategies for a secure retirement to try right now

Individuals who rushed to prepay property taxes after the passage of the Tax Cuts and Jobs Act may have saved some money in 2018—but that’s pennies compared to the long-term tax savings taxpayers should take advantage of before the TCJA’s individual tax provisions are expected to expire in 2026.

July 10, 2018

Working in retirement may be the new norm according to PGIM Investments study

NEWARK, N.J., July 10, 2018 - Few current retirees take a new job in their golden years—but more than half of future retirees expect to continue working during retirement, driven by uncertainty about Social Security and their own financial preparedness, a new study from PGIM Investments reveals.