In the midst of all things AI, I find myself reflecting on another transformation that seems to be getting shortchanged – a new type of labor movement. And so, with Labor Day around the corner, I am borrowing Sunny Day Fund’s blog today to share my reflections on those trends. We still need workers, especially […]
What simplified emergency savings look like: badcredit.org article
I sat down with Jon and Andrew at badcredit.org recently to talk about why working Americans want help saving for emergencies. I became passionate about this journey because it’s partly my own. You probably have seen the new data around lack of emergency savings, rising loans and withdrawals against retirement savings, and growing demand for […]
Bridge the DEI gap in your employee benefits with financial inclusion
On average, white families have eight times the wealth of Black families and five times the wealth of Hispanic families. For companies prioritizing DEI as a core value to their organization, addressing this wealth gap is the first step towards advancing racial equity. Companies play a major role in advancing financial inclusion and increasing the […]
Secure Act 2.0 Signed and More from 2022: Year in Review
What a nail-biting finish to the year! Last night (Dec 29, 2022), President Biden signed into law Secure Act 2.0, including workplace emergency savings – hooray! With that lead unburied, we can finally wrap up the year and celebrate all that we’ve done and accomplished. Thank you for following us – learning why we are […]
How Alleghany Uses Sunny Day Fund to Help Their Employees Save for Emergencies
Workplace emergency savings programs and emergency savings accounts (ESAs) are becoming more and more common, especially as Secure Act 2.0 takes effect soon. As employers consider implementing an emergency savings program like Sunny Day Fund, it’s helpful to understand what to expect. As part of a new series of case studies, we are sitting down […]
Sitting Down with Lisa Massena to Talk Emergency Savings
By chance I sat next Lisa Massena at a recent forum on the future of retirement savings. Lisa launched OregonSaves, the original state Auto IRA that has become the template for twelve other states and more to come. Lisa is now the COO of Defined Contribution Institutional Investment Association (DCIIA), which has been conducting great […]