63% of workers unable to pay a $500 emergency expense, survey finds. How employers may help change that

High inflation continues to add financial stress to workers’ budgets. Experts say new benefits to provide emergency savings plans may help.

New changes included in Secure 2.0 — a law signed into law in December that focuses on improving retirement savings — aim to make it easier for workers to build and access emergency cash.'Scratching and clawing' to find emergency money

"People are out of pandemic money" and have racked up credit card balances and are still paying higher prices due to inflation, said Devin Miller, co-founder and CEO of SecureSave.Secure 2.0 emergency savings provisions While those new optional features were slated to be included in retirement plans as soon as 2024, there may be some delays.

The Secure 2.0 legislation includes a lot of mandatory changes for 401 plan record keepers that need to be built and deployed, Miller noted. The IRS recently announced a

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