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Data

The $400 Problem

Federal Reserve

Financial Insecurity: Widely-Recognized Problem

Commonwealth Perception Survey, 2020

Majority Agree Institutions Critical to Solutions

Commonwealth Perception Survey, 2020

Impact of Financial Insecurity on Corporations

$183 billion in lost productivity do to financial stress
SHRM

Wealth and Race

Median Household Networth: 188k (white families); 75k (Multiracial families), 36k (Latinx families), 24k (Black families). Median wealth of white family is 8x that of Black families and 5x that of Latinx families. Black families' median and mean wealth is less than 15% that of white families.
Federal Reserve

To advance financial security and opportunity for all, we collaborate with employers, financial services firms, recordkeepers, payroll and other workplace solutions providers, fintechs, and policymakers.

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