Employer-sponsored emergency-savings accounts are becoming a hot perk. Here’s how they work.

About one-third of companies have started offering employees emergency savings as a workplace benefit, and another 40% intend to have these perks in the near future.

Most Americans Have Just $500 Saved—High-Yield Savings Accounts Can Stretch Your Emergency Fund Now

The median emergency savings for U.S. adults is just $500. Nearly one in three Americans (32%) have no emergency fund at all, and 29% say they couldn’t cover an unexpected expense over $400. Although ...

Social Security payments to go electronic starting next week as agency moves away from paper checks

The Social Security Administration is transitioning to electronic payments next week after 85 years of issuing paper checks to U.S. retirees.
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From October 1, New NPS Rules Take Effect: Equity Investment, Easy Withdrawals, and Exit Flexibility

The National Pension System (NPS), launched in 2009 for non-government employees, has steadily evolved over the past 16 years ...