Since the beginning of the year, provisions from SECURE 2.0 allow employers to provide employees with new ways to manage unexpected expenses. What do congressional staff, federal agency officials, private-sector practitioners, employers, and policy experts say about the implementation? As part of BlackRock’s Emergency Savings Initiative, Commonwealth and the Bipartisan Policy Center hosted a convening to find out: https://lnkd.in/g9vBFQbB Charvi Gandotra Brian Gilmore Peter Pieh Robin Flaharty Nick Maynard Emerson Sprick Lettie Nocera Gabriel Q. Rubio Claire Chamberlain #PLESA #RETIREMENTSAVINGS
Commonwealth
Finanzdienstleistungen
Boston, Massachusetts 2,796 followers
We build solutions to make people financially secure.
Über uns
Too many people in the U.S. today lack financial stability. Too many people are financially vulnerable. For people to pursue their full potential, we need more wealth – of opportunity, of tools, of financial assets – and we need that wealth to be more widespread. We aspire to accomplish that by building innovative solutions that make people financially secure. We collaborate with consumers, the financial services industry, policy makers, and mission-driven organizations to discover ideas, pilot solutions, and drive innovations to scale so wealth can become possible for everyone. We Work with Industry We understand broad change requires market players to act. We apply consumer insight and business acumen to build solutions that our industry partners scale. Our partners trust us to deliver solutions that are aligned with business objectives and good corporate citizenship, and are good for consumers. The solutions we build are grounded in real life, based on our deep understanding of people who are financially vulnerable and how businesses can best serve them. We envision a financial services marketplace that works for everyone. We are Policy Driven Policymakers trust us to deliver insights that are data-driven, bipartisan, practical and effective. Our policy work includes collaborating with government to find ways to eliminate regulatory barriers, to craft and protect policies that enable broad access to the financial system, and to deliver essential consumer tools at scale. We envision a financial system that works for everyone. We Work with the Social Sector We partner with other mission-driven organizations to understand consumers, pilot and test solutions, and pursue scale opportunities that deliver meaningful social impact. We envision a social sector engaged in building financial opportunity for everyone.
- Website
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http://buildcommonwealth.org
External link for Commonwealth
- Industrie
- Finanzdienstleistungen
- Größe des Unternehmens
- 11-50 Mitarbeiter
- Hauptsitz
- Boston, Massachusetts
- Typ
- Nonprofit
- Gegründet
- 2000
- Spezialitäten
- tax-time savings, U.S. savings bonds, financial entertainment, gamification, nonprofit, low-to-moderate income, prepaid cards, financial education, policy, mobile apps, fintech, survey design, credit unions, prize-linked savings, behavioral economics, and emergency savings
Standorte
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Primäre
Wegbeschreibung erhalten
22 Batterymarch St
Suite 501
Boston, Massachusetts 02109, US
Employees at Commonwealth
Aktualisierungen
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In this article from PLANADVISER, Commonwealth's Brian Gilmore weighs in on the organization's latest initiative, "Benefits for the Future," and how the organization will work together with employers to improve worker financial security. Learn more: https://lnkd.in/gcnYxtNR #FinancialSecurity
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Join Commonwealth Vice President Brian Gilmore at The ERISA Industry Committee's Virtual Fall Policy Conference at the end of this month. ERIC members are encouraged to join Brian and a panel of industry experts for a discussion on the latest in employee benefits policy at this season’s conference. Learn more: https://lnkd.in/gFgCT68Q #FinancialSecurity #EmployeeBenefits
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Commonwealth reposted this
What is a customer base you haven’t thought of? Jim Perry, Munish Mohit Aggarwal, CFA, Lauren Ashcraft, Josh Tanenbaum, Paula Grieco and Kelly Bryan are discussing with our audience in this engaging panel discussion about how to meet the needs of the over 65 market and those on low and moderate incomes. They’re exploring the areas that are ripe for innovation in credit, investing and saving and what cutting edge financial institutions are doing! #Finovate #fintech #financetechnology #banking #underservedmarkets
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This article from 401k Specialist Magazine covers the announcement of Commonwealth's launch of "Benefits for the Future," an innovative, national workplace benefits pilot supported by JPMorganChase and designed to improve the financial well-being of households living on low to moderate incomes. Read more: https://lnkd.in/gnXjzFzX #FinancialSecurity #BenefitsForTheFuture
Commonwealth Secures $7M Funding from JPMorgan for Low-Income Initiative - 401k Specialist
401kspecialistmag.com
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Commonwealth Senior Vice President Paula Grieco will join Jim Perry, Munish Mohit Aggarwal, CFA, Lauren Ashcraft, Josh Tanenbaum, and Kelly Bryan at #FinovateFall for the panel, "Beyond Financial Inclusion: The new customer base you may not have thought about." This highly interactive session will allow participants to engage directly with the speakers. Topics will include identifying the needs, wants and aspirations of those earning low and moderate incomes, which areas are ripe for innovation in credit, investing and savings, and what cutting-edge players are doing to drive innovation. The exciting session is limited to 30 participants. Learn more and register today: https://lnkd.in/gBxP3Tv4 #FinancialSecurity #WealthBuilding #InclusiveInvesting #EmergingTech
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Commonwealth’s survey, Feeling the Heat: Climate Change’s Impact on Worker Financial Security, details the impact of climate change on worker financial security, using responses from 1,200 U.S. workers living on low to moderate incomes (LMI). Workers across the country shared the experience that climate-related weather events impacted their financial lives. The survey findings are part of a growing body of research detailing the devastating financial impact of climate on U.S. workers. These findings reveal how climate change is adding further financial stress to the most vulnerable workers. Read the blog here 👉: https://lnkd.in/gSpATF_n
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Commonwealth reposted this
I'm looking forward to participating in The ERISA Industry Committee's Virtual Fall Policy Conference happening September 24-26! If you're an ERIC member, I encourage you to join me and industry experts for a discussion on the latest in employee benefits policy at this season’s conference. You can learn more about ERIC’s Fall Policy Conference here: https://bit.ly/3PJsRWd.
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Brian Gilmore provides details about Commonwealth's "Benefits for the Future" program, an ambitious new workplace benefits initiative that aims to strengthen the financial security of workers across the country. Read more: https://lnkd.in/eUbwPMSk #FinancialSecurity #WealthBuilding
Commonwealth Launches Financial Well-Being Program With $7M From JPMorgan
plansponsor.com
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The interest vs action gap is impacting college students with low to moderate incomes (LMI). Initial findings from our new research, The New College Investor: Opportunities and Challenges for Building Wealth, show that 80% of non-investor college students express a desire to invest, but only a fraction of these students take steps to begin investing. Check out more key findings in the infographic here: https://lnkd.in/e5paYiBu Look out for the full report this fall! 🎓 🍂
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