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Enhancing Emergency and Retirement Savings Act Unveiled

The bill would encourage retirement plan participation by giving people penalty-free access to funds in the event of an emergency. ....

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Nationwide honors Tulsa Race Massacre, donates to survivors

The insurance company is playing a major role in the Economic Empowerment Day event on June 1 in Tulsa, which can be accessed virtually. ....

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Watch: Economic Empowerment Day

Watch: Economic Empowerment Day
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Economic Empowerment Day at the Tulsa Race Massacre commemoration

Oklahoman
A day-long event as part of the 1921 Tulsa Race Massacre Centennial Commemoration will focus on economic empowerment and closing the wealth gap between Black and other Americans.
Taking place June 1 at Tulsa s Cox Convention Center and online for those who can t make it in person, Economic Empowerment Day was designed to create a collective focal point for the national conversation on the racial wealth gap and inequality in access to capital.
The event will include interactive sessions to drive change and catalyze the national dialogue for economic justice.
“Hosting an economic empowerment conference of this caliber with a critical focus on closing the Black wealth gap is transformational,” said Phil Armstrong, project director of the 1921 Tulsa Race Massacre Centennial Commission. “This discussion is essential to reviving the legacy of Black Wall Street and will help set the course for Black entrepreneurs to establish a legacy of wealth for th ....

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SECURE Act 2.0 aims to improve American's financial security

SECURE Act 2.0 aims to improve American’s financial security
At Nationwide, we have historically served as an advocate for the retirement security of American workers and investors. We remain committed to supporting efforts to improve the existing retirement savings system through regulatory changes that help more people achieve secure retirement outcomes.
For financial professionals and advisors, that task has become more difficult due to the COVID-19 pandemic. Over the last 12 months, many Americans experienced a drop in their financial security. In a recent Nationwide Retirement Institute® survey of 500 advisors and financial professionals, 77% said their clients had either stopped or slowed their retirement plan contributions due to COVID-19. Half of those we surveyed said their clients’ financial security had been negatively impacted by COVID-19. ....

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