Financial wellness can mean very different things to different people (and employers). During a recent Employee Benefit Research Institute — Milken Institute 2024 Retirement Symposium panel, Plan Sponsor View: Supporting Financial Wellness, a group of industry thought leaders discussed these differences and what they meant to employers and advisors.
Josh Jessup, GM Global Retirement and Financial Wellness, Delta Air Lines, explained that his organization looks at it in terms of having a healthy relationship with money.
"Money should be a tool that enables you to do the things that you want to do, accomplish the things that you want to accomplish, and not be a source of frustration or stress or concern," he said. "We have a number of different financial resources for our employees. We have a generous 401k plan. We have an emergency savings program that we've recently rolled out that we've thought more about."
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