Lifetime income protection: An Equal Pay Day conversation
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.
After a critical injury, a military family's financial planning helped them thrive
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.
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.
Prudential is a company that’s changing the world, says Fortune magazine
In the decade since Prudential created the modern pension risk transfer, the company has issued billions of dollars in retirement payments to millions of retirees. Those payments—$5.2 billion to more than 1.4 million retirees in 2017 alone—have ripple effects. The money supports people of all economic levels, and, in turn, reverberates in the communities in which these retirees live.
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.
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).
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.
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.
Millennials’ vision of the future looks beyond flying cars
Fifty years ago, Philip K. Dick’s landmark sci-fi novel “Do Androids Dream of Electric Sheep?” envisioned a 21st century of androids, flying cars and space colonies. What happened? Sure, we have Android phones, but what about our flying cars?
Under new tax law, finance leaders show appetite for pension de-risking
The passage of the Tax Cuts and Jobs Act is driving senior finance executives to reduce the liability risks associated with their corporate defined benefit (DB) pension plans. That revelation was one of the important findings of a new study conducted by CFO Research in collaboration with Prudential Financial, focusing on how the new tax law is influencing a range of pension fund-related decisions.