(Photo: Shutterstock)
A significant percentage of workers contributing toward a 401(k)-plan report having significant debt and other impediments to retirement saving, but there are elements of the new SECURE 2.0 legislation that could help improve the financial wellness of those workers, a new report has found.
The study from T. Rowe Price said that the primary sources of financial stress for workers include the lack of emergency savings and student loan debt. It outlined how SECURE 2.0 could address some of those issues. The survey included close to 4,000 workers with 401(k) plans and was conducted in the summer of 2022.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
