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Wealth Gap Widens: COVID-19 Has Exacerbated Economic Inequality in the U S , According to New TIAA Survey

Share this article Share this article NEW YORK, April 15, 2021 /PRNewswire/  More than half of U.S. adults consider their household finances to have changed significantly due to the COVID-19 pandemic, according to a new survey by TIAA. Nearly one third of all Americans (29%) say they are worse off and approximately one quarter (24%) report that they are better off financially. Notably, 37% of households making less than $50,000 per year describe themselves as worse off because of the pandemic. In stark contrast, only 15% of households making more than $100,000 a year describe themselves as worse off. Survey suggests the pandemic s deceleration holds different promises for those who consider themselves better or worse off

Cohen & Steers SICAV European Real Estate Securities Fund erhält Refinitiv Lipper 5-Year Performance Award

Cohen & Steers SICAV European Real Estate Securities Fund erhält Refinitiv Lipper 5-Year Performance Award
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Spender, Saver or Investor? New TIAA Resource Center Showcases HSA Benefits, Uses Based on Personality Type

Share this article Share this article NEW YORK, April 6, 2021 /PRNewswire/  TIAA, the leading provider of financial services in the academic, research, medical, cultural and government fields, today launched its Health Savings Account (HSA) Resource Center, developed to engage and educate people on how to make their health savings work for them at different life stages. The new site offers helpful information on HSA ownership, HSA use as a component of a retirement savings strategy and helpful tips to optimize account contributions. The site is open to all, but those who already own an HSA can also take advantage of a fast and easy quiz to find out their HSA personality type: spender, saver or investor. The quiz is designed to help users better understand how their contribution strategy aligns with their personality type and offers actionable steps that can help maximize the impact of savings. By following suggested advice, users can graduate from one personality type to the ne

Many Americans unable to pay bills or cover unexpected expenses and lack critical financial knowledge, survey shows

Many Americans unable to pay bills or cover unexpected expenses and lack critical financial knowledge, survey shows USA - English News provided by Share this article Share this article NEW YORK, April 5, 2021 /PRNewswire/ Twenty-two percent of U.S. adults report they are unable to pay their bills in full and on time in a typical month, and 30 percent would not be able to cover an unexpected $2,000 expense, according to new data from the fifth annual Personal Finance Index (P-Fin Index) released by the TIAA Institute and the Global Financial Literacy Excellence Center (GFLEC) at the George Washington University School of Business.

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