August 25, 2021
Financial Wellness Checklist
3 Things
to Know
1
National Nonprofit Day
August 17, 2021, is an opportunity to recognize the positive impact that nonprofit organizations have on the communities they serve. There are more than 1.5 million nonprofit organizations registered in the United States.* Mutual of America is proud to support the nonprofit sector and the communities they serve.
*National Center for Charitable Statistics. The Nonprofit Sector in Brief. June 2020.
2
1 in 3
Workers who say the COVID-19 pandemic has negatively impacted their ability to save for retirement due to reduced hours, reduced income or job changes (32%).
2021 Retirement Confidence Survey. Figure 5. EBRI/Greenwald Research Retirement Confidence Survey. April 2021.
3
Beneficiary
It’s important to designate and keep up to date at least one beneficiary for each retirement plan and IRA you contribute to. After your death, your designated beneficiary will receive the balance of your retirement plan or IRA. Through My Account, you can download a Beneficiary Designation Form.
