Retirement Trends

The nation's collective credit card debt expanded to $1.35 trillion in 2024, after U.S. consumers added $74 billion in credit card debt during the year.

As a result, more female employees are relying on workplace benefits to improve their mental and financial wellbeing.

Beginning March 27, to recover new overpayments, the Social Security Administration will automatically withhold 100% of recipients' monthly benefits, the agency announced.

That is largely driven by the expanding presence of Gen Z workers in the full-time workforce.

Seventy-nine percent of respondents believe their generation will have a much harder time achieving financial security compared with their parents' generation.

Employers must rethink their retirement benefits and adopt science-backed approaches that drive meaningful impact. Here are four key strategies to consider: