Financial planning news from around the web: June 7 – 11, 2021

Written on Jun 10, 2021

Pandemic has left clients doubting their financial wellness
A year of economic dislocation brought on by the pandemic has left many clients thinking more deeply about their finances, with many advisors reporting that clients have low levels of confidence in their own financial wellness.

Why delayed Social Security claiming is more valuable than ever
New Social Security statement prototypes recently unveiled online provide much clearer illustrations of the benefits of delayed claiming. 

Congress’ inaction on Social Security could cost clients 2 months’ pay
The estimate of lost income, due to planning mistakes alone, is separate from actual cuts to benefits, according to a recent academic paper.

Employers adding voluntary worker benefit options
The pandemic is driving more employers to offer voluntary benefits, with nearly all employers (94%) expecting these employee-pay-all or unsubsidized benefits to hold great importance in their organizations during the next three years, according to a new survey.

Tech Corner - How websites use "dark patterns" to manipulate you
Companies across the internet use hidden design techniques to sell you things. New research shows how they do it.

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