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Abstract

With the shift in retirement plans, workplace financial education has emerged as a key area of financial education. To date, more workers receive a variety of financial education program provided at workplaces than before. It has been assumed that workplace financial education influences participants’ financial situation in a positive way. Although few conclusive studies about the effects of workplace financial education exist, a number of studies documented positive impacts of workplace financial education on financial knowledge, financial behaviors, retirement saving, and financial well-being. After existing literature is reviewed, conclusions and suggestions for future research are presented.

Keywords

Pension Plan Asset Allocation Financial Education Wealth Accumulation Retirement Plan 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Springer Science+Business Media, LLC 2008

Authors and Affiliations

  • Jinhee Kim
    • 1
  1. 1.University of MarylandCollege ParkUSA

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