OUR TRUSTED ADVISERS ANSWER YOUR QUESTIONS ON A WIDE RANGE OF SUBJECTS

from Hour Detroit - May 2023

by Hour Media

The Way It Was

And getting the right answers begins with asking the right questions and trusting your source. A second opinion never hurts. Do your research, write down the facts, and verify the information –in other words, do your due diligence.

An experienced adviser can be part of your team and help you to stay on schedule and within budget on a future project or purchase. And sometimes a new perspective or different viewpoint can be a game-changer.

Hour Media always provides the most reliable, experienced and educated experts in their field to answer your questions. In this issue of Hour Detroit we have assembled not only knowledgeable and reliable sources, but local experts who are available for a “follow-up” question or consultation to help you make not just a better decision, but the best decision.

Remember, the better informed we are, the better the decision.

Contact the following trusted advisers, should you require their assistance. They’ll be happy to provide the information you need and answer your questions so you can make an informed decision.

Q: What are some key elements of a comprehensive financial wellness program for your employees?

A: According to The KeyBank 2023 Financial Mobility Survey, the share of Americans facing financial challenges grew to 55% over the past year, a nearly 20-point increase from the year prior.

A number of banks, including KeyBank offer complimentary workplace financial wellness programs to companies of all sizes. Of course, not all bank-provided programs are the same. To help you assess your banking partner’s program, here’s a checklist of key elements that can make your program successful.

A comprehensive workplace financial wellness program includes:

• A financial education curriculum with money management strategies that can be put into practice to address both short- and long-term financial goals.

• Covers beginning and advanced savings and budgeting strategies and practices.

• Addresses crisis preparation and provides strategies for managing through unexpected occurrences.

• Strategies for paying down debt.

• Helps your employees plan for retirement.

KeyBank’s complementary Key@Work can help bring financial wellness to your workplace.

David Mannarino is President of KeyBank’s Michigan Market. He can be reached at (248) 204-6550 or David_Mannarino@keybank.com.

This material is presented for informational purposes only and should not be construed as individual financial advice. KeyBank does not provide legal advice. KeyBank is member FDIC. ©2023 KeyCorp. CFMA #230314-1972828