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Financial wellness rising but younger workers left behind: Study

Morgan Stanley at Work's third annual survey showed 66% of employees have reduced contributions to retirement accounts, up from 62% last year, particularly to 401(k) plans, long-term savings, and emergency and short-term savings.

An unhealthy split is emerging between the young and old when it comes to retirement saving, even as financial wellness programs for all generations are on the rise.

According to Morgan Stanley at Work’s State of the Workplace Financial Benefits Study, concerns about inflation and a recession a

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