Check out "Saving for Now, Later, and a Lifetime: A Summit on the Foundational Role of Liquid Savings"

Written by
sid.pailla
Published on
June 21, 2021
Check out "Saving for Now, Later, and a Lifetime: A Summit on the Foundational Role of Liquid Savings"

Aspen Institute's Financial Security Program hosted an insightful summit on June 16, 2021. Alongside Fiona Greig of JPMorgan Chase Institute, Jo Phillips of Nest Insight, and Katherine Lucas McKay of Aspen FSP, I participated as a panelist in the summit highlighting how policy, partners like employers, and product can unlock tremendous value for all.

Below is a summary of the summit provided by Aspen FSP and a link to their website with more detail from the summit.

Summary from Aspen FSP

"On June 16, Aspen Institute Financial Security Program hosted a digital summitto explore the latest research about how savings function, why so many US families have been unable to build them, and what leaders including federal and state policymakers, State Treasurers, employers, recordkeepers, and retirement plan providers can do to accelerate the development of a truly inclusive savings system.

Attendees received:

  • New insights on what it really takes to build savings and who currently lacks access to critical tools and resources.
  • The latest research on which savings solutions work, and why.
  • A new Framework for Action with policy options for state and federal policymakers to enable work-based emergency savings.
  • Perspectives from key government and private sector leaders working to make savings and financial cushions a reality for all."

Video

https://youtu.be/6hITrvYyFnw

Big thanks to Aspen FSP for elevating the importance of liquid savings, and how policymakers, employers, and other stakeholders can better the lives of hardworking Americans!

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