An Emergency Savings Solution: Payroll Cards

Fewer than half of American households have emergency savings. Employers are increasingly looking to help their employees save for emergencies, and now a new report lays out a simple and effective way to structure this benefit: payroll deduction and a debit-like payroll card.

Contact-Tracing Role Highlights School Nurses’ Influence Beyond School Walls

In some states, school nurses—already connected with their communities in ways that foster trust—have been working with local health officials to act as contact tracers, interviewing those infected with COVID-19. And that role can sometimes turn into extra support for families in need. 

Financial Access Challenges for Older Adults

Bank accounts are a basic financial product, but more than 3.5 million households headed by someone age 50 or older don't have one. Being “unbanked” brings risk: these consumers may have difficulty conducting electronic transactions and may pay higher fees.

From Ridesharing Industry Emerge Volunteer-Driver Insurance Questions

Many older Americans rely on volunteer ride programs to meet everyday needs and get to crucial appointments. But ridesharing companies like Uber and Lyft have made insurance requirements murky, potentially deterring volunteers from playing their crucial role.  

Income Volatility on the Rise

Older, low-wage workers, especially in the service sector, are at greater risk for unpredictable hours and earnings during the current recession. Income volatility makes it harder to maintain budget plans, set aside savings, and absorb financial shocks.