When it comes to our finances, many of us wish we’d learned more about money a lot earlier in life. Employers are part of the equation too. By understanding the broader role they can play in employees’ financial well-being, beyond simply offering a benefits plan, employers can help their employees navigate uncertainty and plan for the future.

There’s an employee benefit you may be overlooking: workplace savings plans. Many employers worry about the cost and administration of adding another benefit, but those worries are often unfounded and there’s actually a practical business case for workplace savings plans.