Corporations

Americans are drowning in a total of $1.057 trillion in credit card debt as of march of 2019

Credit card debt is hindering 401(k) Savings.

43 million have Americans have a credit score of 599 or less

56% of people in the us have no rainy day funds

78% of US workers live paycheck to paycheck.

1 in 5 public employees took out high interest predatory (payday) loans during the previous year and the salary range included those making over $85K annually.

56% of full-time workers say they can only save $100 or less each month This includes those making six figure incomes.

Combined research indicates that it is likely that 20% of your workforce is underserved regarding your benefits offerings.

63% of American workers say they’re unable to handle a $500 car repair or a $1,000 emergency room bill.

Revolving household credit card debt continues to trend upward

Americans who report poor financial health also tend to have poor physical health. Indeed, they are significantly less likely to practice healthy physical habits.

Student loans for those over 60 years of age have quadrupled over the last 10 years. Workers with student loan debt tend to contribute less into their 401(k).