Reported 11 months ago
The 14th Annual Workplace Benefits Report from Bank of America shows a positive shift in Americans' perception of their financial situations this year, with 47% feeling financially well compared to 42% in 2023. Economic uncertainties persist, but have decreased from 63% to 53%. Disparities between men and women in financial wellness, concerns over inflation outpacing income growth, retirement preparedness, and high job loyalty are key findings from the report, indicating a focus on savings and debt management.
Source: YAHOO