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Sunny Day Fund

Sunny Day Fund

Emergency savings benefits program for a modern workforce

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A 401(k) Might Not Be Enough for Your Employees. Consider Workplace Emergency Savings.

August 11, 2021 by Sid Pailla

401k Not Enough

Next to healthcare, most people immediately think of retirement savings when they think about employee benefits. According to the U.S. Bureau of Labor Statistics, 67% of American workers have access to retirement savings benefits like 401(k), 403(b), and pensions. And with state-facilitated retirement programs like VirginiaSaves on the rise, that access is bound to increase.  […]

Filed Under: Employer, Homepage Tagged With: attract employees, benefits, employee benefits, retain employees, workplace emergency savings

💛 🖤 Techstars + Western Union + Sunny Day Fund 💛 🖤

July 20, 2021 by Sid Pailla

Techstars + Western Union

We’re thrilled to be a part of Techstars + Western Union Accelerator’s Class of 2021! Our team looks forward to learning from the amazing Techstars team (Elle, Josef, Kallie, Jen, Jennifer, and Chinedu), growing alongside incredibly inspiring fintechs from across the world, and partnering with the brilliant folks at WU. Innovation in the Movement of […]

Filed Under: Homepage, Press Coverage

What the 2021 Child Tax Credit Means for Your Employees (& How You Can Help)

July 15, 2021 by Sid Pailla

Child Tax Credit 2021

Rarely do policy and employee needs collide to create truly meaningful financial change.  But the 2021 IRS Child Tax Credit (CTC) offers a once-in-a-lifetime chance to get savings right.  In an unprecedented move, the United States Congress passed legislation to provide relief for all parents of children ages 0 to 17.  For 39 million American […]

Filed Under: Employer, Homepage Tagged With: Child Tax Credit, Emergency Savings, employee benefits, Savings Program

Do You Believe in DEI Initiatives? It is Time to Follow Through

July 1, 2021 by Sid Pailla

DEI initiatives

By now, DEI (diversity, equity, and inclusion) should be more than just a buzzword for companies. And, on the surface, it looks like progress is being made. For example, LinkedIn data shows there has been a 71% increase in worldwide D&I roles in the past five years. But while many companies and HR leaders would […]

Filed Under: Employer, Homepage Tagged With: benefits, DEI, diversity, equity, financial inclusion, inclusion

Check out “Saving for Now, Later, and a Lifetime: A Summit on the Foundational Role of Liquid Savings”

June 21, 2021 by Sid Pailla

Aspen Institute FSP Logo

Aspen Institute’s Financial Security Program hosted an insightful summit on June 16, 2021. Alongside Fiona Greig of JPMorgan Chase Institute, Jo Phillips of Nest Insight, and Katherine Lucas McKay of Aspen FSP, I participated as a panelist in the summit highlighting how policy, partners like employers, and product can unlock tremendous value for all. Below […]

Filed Under: Conferences, Homepage Tagged With: financial inclusion, financial security, policy

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