Funny advertising; serious undertones In the past month, we’ve seen several newsworthy and economically impactful events including a volatility shock due to a squeeze on short-selling, a change in the White House, and expanded progress against the coronavirus.  Each of these stories received a well-deserved...

A Health Savings Account (HSA) is a tax-advantaged savings account available for those who are enrolled in a high-deductible health insurance plan (HDHP). High deductible plans have become more popular in the employer marketplace so has offering HSAs. An HSA provides a tax incentive to motivate individuals...

For the last couple of years, Westminster Consulting has focused our financial wellbeing and literacy efforts on the underserved. The individuals that may not have access to the financial services community are coming to work stressed over their finances and it is a problem for companies. This financial stress is exacerbated in communities of color. This was a problem in 2019. We have yet to see how much worse it has gotten in 2020. On this webinar, we will not only be speaking about culture change at some of the New York area's most established financial services firms, but we will talk about what allyship means in changing the conversation to serve the people who really need financial help in our workplaces.

Just as plan participants can benefit from a goals-based approach to financial planning, so, too, can plan sponsors benefit from taking a goals-based approach to plan design.  Plan sponsors focused on recruiting new graduates, for example, might want a plan that emphasizes student loan repayment, while...