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Emergency Savings

Too many households do not have enough savings to cope with a typical unexpected expense, from a broken water heater to a broken arm. Even a small savings cushion could prevent families from being trapped in a harmful cycle of debt or from depleting their retirement savings to pay for common emergencies.

In response, a growing number of employers and financial services providers are incorporating emergency savings into their employee financial wellness programs. Combining policy and regulatory expertise with consumer insights, AARP’s Catherine Harvey and David John are among the leading experts shaping the field of workplace emergency savings programs.

Emergency Savings Infographic

   

Emergency Savings: The Issue

Saving Through the Workplace

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