Tailor financial wellness plans to meet generational needs

Millennials soon will be the largest generation, and companies will need different financial wellness tools than were used for baby boomers now heading into retirement, writes regulatory attorney Cindy Lapoff. Financial wellness programs should consider that salaries may not be keeping up with the cost of living, that people may not have enough savings to cover emergencies or for retirement, and that some struggle to afford health care, Lapoff writes. Employee Benefit News